[United States Statutes at Large, Volume 120, 109th Congress, 2nd Session]
[From the U.S. Government Publishing Office, www.gpo.gov]

 
PROCLAMATION 7981--FEB. 22, 2006
Proclamation 7981 of February 22, 2006
To Modify the 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.

[[Page 3761]]
120 STAT. 3761

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withdrawn from warehouse for consumption, on or after 15 days after the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.
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.
GEORGE W. BUSH