[Federal Register Volume 71, Number 37 (Friday, February 24, 2006)]
[Presidential Documents]
[Pages 9425-9426]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 06-1798]


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  Federal Register / Vol. 71, No. 37 / Friday, February 24, 2006 / 
Presidential Documents  

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 Title 3--
 The President

[[Page 9425]]

                Proclamation 7981 of February 22, 2006

                
To Modify Duty Free Treatment Under the 
                Generalized System of Preferences

                By the President of the United States of America

                A Proclamation

                1. Section 502 of the Trade Act of 1974, as amended 
                (the ``1974 Act'') (19 U.S.C. 2462), authorizes the 
                President to designate countries as beneficiary 
                developing countries, and to designate any beneficiary 
                developing country as a least-developed beneficiary 
                developing country, for purposes of the Generalized 
                System of Preferences (GSP) program.

                2. Pursuant to section 502 of the 1974 Act, and taking 
                into account the factors set forth in section 502(c) 
                (19 U.S.C. 2462(c)), I have determined that the 
                suspension pursuant to Proclamation 6123 of April 26, 
                1990, of preferential treatment for Liberia as a 
                beneficiary developing country under the GSP should be 
                ended.

                3. Pursuant to section 502 of the 1974 Act, and having 
                considered the factors set forth in sections 501 (19 
                U.S.C. 2461) and 502(c), I have also determined that 
                Liberia should be desig nated as a least-developed 
                beneficiary developing country for purposes of the GSP.

                4. Section 604 of the 1974 Act (19 U.S.C. 2483), as 
                amended, authorizes the President to embody in the 
                Harmonized Tariff Schedule (HTS) of the United States 
                the substance of relevant provisions of that Act, or 
                other acts affecting import treatment, and of actions 
                taken thereunder.

                NOW, THEREFORE, I, GEORGE W. BUSH, President of the 
                United States of America, acting under the authority 
                vested in me by the Constitution and the laws of the 
                United States of America, including title V and section 
                604 of the 1974 Act (19 U.S.C. 2461-67, 2483), do 
                proclaim that:

                    (1) In order to reflect in the HTS the restoration 
                of preferential treatment for Liberia as a beneficiary 
                developing country under the GSP, general note 4(a) is 
                modified by adding in alphabetical order ``Liberia'' to 
                the list entitled ``Independent Countries.''
                    (2) In order to reflect in the HTS the designation 
                of Liberia as a least-developed beneficiary developing 
                country under the GSP, general note 4(b)(i) is modified 
                by adding in alphabetical order ``Liberia.''
                    (3) The modifications to the HTS made by paragraph 
                1 of this proclamation shall be effective with respect 
                to articles entered, or withdrawn from warehouse for 
                consumption, on or after 15 days after the date of this 
                proclamation.
                    (4) The modifications to the HTS made by paragraph 
                2 of this proclamation shall be effective with respect 
                to articles entered, or withdrawn from warehouse for 
                consumption, on or after 60 days after the date of this 
                proclamation.
                    (5) Any provisions of previous proclamations and 
                Executive Orders that are inconsistent with the actions 
                taken in this proclamation are superseded to the extent 
                of such inconsistency.

[[Page 9426]]

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                twenty-second day of February, in the year of our Lord 
                two thousand six, and of the Independence of the United 
                States of America the two hundred and thirtieth.

                    (Presidential Sig.)B

[FR Doc. 06-1798
Filed 2-23-06; 8:45 am]
Billing code 3195-01-P