[Federal Register Volume 60, Number 25 (Tuesday, February 7, 1995)]
[Presidential Documents]
[Pages 7427-7428]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: X95-120207]




[[Page 7425]]

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Part X





The President





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 Proclamation 6767--To Amend The Generalized System of Preferences
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  Federal Register / Vol. 60, No. 25 / Tuesday, February 7, 1995 / 
Presidential Documents  

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 Title 3--
 The President  
[[Page 7427]] 


                Proclamation 6767 of February 3, 1995

                
To Amend the Generalized System of Preferences

                By the President of the United States of America

                A Proclamation

                1. Pursuant to sections 501 and 502 of the Trade Act of 
                1974, as amended (``trade Act'') (19 U.S.C. 2461 and 
                2462), and having due regard for the eligibility 
                criteria set forth therein, I have determined that it 
                is appropriate to designate Armenia as a beneficiary 
                developing country for purposes of the Generalized 
                System of Preferences (GSP).

                2. Pursuant to section 504(f) of the Trade Act (19 
                U.S.C. 2464(f)), I have determined that the per capita 
                gross national product of The Bahamas has exceeded the 
                applicable limit provided for in section 504(f). 
                Accordingly, pursuant to section 504(a) of the Trade 
                Act (19 U.S.C. 2464(a)), I have determined that it is 
                appropriate to suspend the designation of The Bahamas 
                as a beneficiary developing country for purposes of the 
                GSP, and pursuant to section 504(f) of the Trade Act, I 
                have determined that it is appropriate to terminate 
                such designation.

                3. Pursuant to section 504(f) of the Trade Act, I have 
                determined that the per capita gross national product 
                of Israel has exceeded the applicable limit provided 
                for in section 504(f). Accordingly, I have determined 
                that it is appropriate to terminate the designation of 
                Israel as a beneficiary developing country for purposes 
                of the GSP.

                4. Section 604 of the Trade Act (19 U.S.C. 2483) 
                authorizes the President to embody in the Harmonized 
                Tariff Schedule of the United States (HTS) the 
                substance of the provisions of that Act, and of other 
                acts affecting import treatment, and actions 
                thereunder.

                NOW, THEREFORE, I, WILLIAM J. CLINTON, President of the 
                United States of America, acting under the authority 
                vested in me by the Constitution and the laws of the 
                United States, including but not limited to sections 
                501, 504, and 604 of the Trade Act, do proclaim that:

                    (1) General note 4(a) to the HTS, listing those 
                countries whose products are eligible for benefits of 
                the GSP, is modified by: (a) inserting ``Armenia'' in 
                alphabetical order in the list of independent 
                countries;
                    (b) deleting ``Bahamas, The'' and ``Israel'' from 
                the list of independent countries; and
                    (c) deleting ``Bahamas, The'' from the list of 
                Member Countries of the Caribbean Common Market, and 
                amending the heading of that list to read ``Member 
                Countries of the Caribbean Common Market (CARICOM), 
                except The Bahamas''.
                    (2) General note 4(d) to the HTS is modified as 
                provided in Annex I to this proclamation.
                    (3) Any provisions of previous proclamations and 
                Executive orders inconsistent with the provisions of 
                this proclamation are hereby superseded to the extent 
                of such inconsistency. [[Page 7428]] 
                    (4)(a) The modifications to the HTS made by 
                paragraph (1)(a) of this proclamation shall be 
                effective with respect to articles that are: (i) 
                imported on or after January 1, 1976, and (ii) entered, 
                or withdrawn from warehouse for consumption, on or 
                after 15 days after the date of publication of this 
                proclamation in the Federal Register.
                    (b) The modifications to the HTS made by paragraphs 
                (1)(b), (1)(c), and (2) shall be effective on July 1, 
                1995.

                IN WITNESS WHEREOF, I have hereunto set my hand 
                thisthird day of February, in the year of our Lord 
                nineteen hundred and ninety-five, and of the 
                Independence of the United States of America the two 
                hundred and nineteenth.

                    (Presidential Sig.)>

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