[Public Papers of the Presidents of the United States: George H. W. Bush (1992, Book I)]
[June 15, 1992]
[Page 940]
[From the U.S. Government Publishing Office www.gpo.gov]



[[Page 940]]

Memorandum on the Generalized System of Preferences

June 15, 1992
Memorandum for the United States Trade Representative

Subject: Actions Concerning the Generalized System of Preferences

    Pursuant to section 504 of the 1974 Act, after considering various 
requests for a waiver of the application of section 504(c) of the 1974 
Act (19 U.S.C. 2464(c)) with respect to certain eligible articles, I 
have determined that it is appropriate to modify the application of 
duty-free treatment under the Generalized System of Preferences (GSP) 
currently being afforded to certain articles and to certain beneficiary 
developing countries.
    Specifically, pursuant to section 504(c)(3) of the 1974 Act (19 
U.S.C. 2464(c)(3)), I have determined that it is appropriate to waive 
the application of section 504(c) of the 1974 Act with respect to 
Harmonized Tariff Schedule of the United States (HTS) subheading 
2401.10.40 for Turkey. I have received the advice of the United States 
International Trade Commission on whether any industries in the United 
States are likely to be adversely affected by such waiver, and I have 
determined, based on that advice and on the considerations described in 
sections 501 and 502(c) of the 1974 Act (19 U.S.C. 2461 and 2462(c)), 
that such waiver is in the national economic interest of the United 
States.
    Further, I have also determined, pursuant to section 504(d)(1) of 
the 1974 Act (19 U.S.C. 2464(d)(1)), that the limitation provided for in 
section 504(c)(1)(B) of the 1974 Act (19 U.S.C. 2464(c)(1)(B)) should 
not apply with respect to certain eligible articles because no like or 
directly competitive article was produced in the United States on 
January 3, 1985. Such articles are enumerated in the list below of HTS 
subheadings.
    These determinations shall be published in the Federal Register.

                                                             George Bush

                    [Filed with the Office of the Federal Register, 5:07 
                        p.m., June 15, 1992]

                    Note: This memorandum and its annex were published 
                        in the Federal Register on June 17. The related 
                        proclamation is listed in Appendix E at the end 
                        of this volume.