[Weekly Compilation of Presidential Documents Volume 32, Number 39 (Monday, September 30, 1996)]
[Page 1887]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Proclamation 6922--To Extend Nondiscriminatory Treatment (Most-Favored-
Nation Treatment) to the Products of Bulgaria

September 27, 1996

By the President of the United States

of America

A Proclamation

    The United States has had in effect a bilateral Agreement on Trade 
Relations with Bulgaria since 1991, which was last renewed for an 
additional 3-year term in 1994. Pursuant to my authority under 
subsection 405(b)(1) of the Trade Act of 1974 (19 U.S.C. 2435(b)(1)), I 
reconfirm that a satisfactory balance of concessions in trade and 
services has been maintained during the life of the Agreement and that 
actual or foreseeable reductions in U.S. tariffs and nontariff barriers 
to trade resulting from multilateral negotiations are, and continuously 
have been, satisfactorily reciprocated by Bulgaria.
    Moreover, pursuant to section 2 of Public Law 104-162, and having 
due regard for the findings of the Congress in section 1 of said Law, I 
hereby determine that title IV of the Trade Act of 1974 (19 U.S.C. 2431-
2441) should no longer apply to Bulgaria.
    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 section 2 of Public Law 104-162, do proclaim that:
    (1) Nondiscriminatory treatment (most-favored-nation treatment) 
shall be extended to the products of Bulgaria, which will no longer be 
subject to title IV of the Trade Act of 1974.
    (2) Any provisions of previous proclamations and Executive orders 
inconsistent with the provisions of this proclamation are hereby 
superseded to the extent of such inconsistency.
    (3) The extension of nondiscriminatory treatment to the products of 
Bulgaria shall be effective as of the date of publication of this 
proclamation in the Federal Register.
    In Witness Whereof, I have hereunto set my hand this twenty-seventh 
day of September, in the year of our Lord nineteen hundred and ninety-
six, and of the Independence of the United States of America the two 
hundred and twenty-first.
                                            William J. Clinton

[Filed with the Office of the Federal Register, 8:45 a.m., September 30, 
1996]

Note: This proclamation will be published in the Federal Register on 
October 1.