[Public Papers of the Presidents of the United States: George H. W. Bush (1992-1993, Book II)]
[August 25, 1992]
[Pages 1428-1429]
[From the U.S. Government Publishing Office www.gpo.gov]



Letter to Congressional Leaders on Trade With Republics of the Former 
Yugoslavia
August 25, 1992

Dear Mr. Speaker:  (Dear Mr. President:)
    I am writing to inform you of my intent to add each of the former 
republics of the Socialist Federal Republic of Yugoslavia, other than 
Serbia and Montenegro, to the list of beneficiaries under the 
Generalized

[[Page 1429]]

System of Preferences (GSP). The GSP program offers duty-free access to 
the U.S. market and is authorized by the Trade Act of 1974.
    I have carefully considered the criteria identified in sections 501 
and 502 of the Trade Act of 1974. In light of these criteria, and 
particularly the Balkan nations' ongoing political and economic reforms, 
I have determined that it is appropriate to extend GSP benefits to the 
former republics of the Socialist Federal Republic of Yugoslavia, other 
than Serbia and Montenegro.
    This notice is submitted in accordance with section 502(a)(1) of the 
Trade Act of 1974.
    Sincerely,

                                                             George Bush

                    Note: Identical letters were sent to Thomas S. 
                        Foley, Speaker of the House of Representatives, 
                        and Dan Quayle, President of the Senate. This 
                        letter was released by the Office of the Press 
                        Secretary on August 26. The related proclamation 
                        is listed in Appendix E at the end of this 
                        volume.