[Weekly Compilation of Presidential Documents Volume 37, Number 23 (Monday, June 11, 2001)]
[Pages 868-869]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Proclamation 7449--To Implement the Agreement Between the United States 
of America and the Socialist Republic of Vietnam on Trade Relations

 June 8, 2001

 By the President of the United States

 of America

 A Proclamation

    1. Pursuant to the authority vested in the President by the 
Constitution and the laws of the United States, and acting through duly 
empowered representatives, the United States entered into negotiations 
with representatives of the Socialist Republic of Vietnam (``Vietnam'') 
to conclude an agreement on trade relations between the United States 
and Vietnam.
    2. These negotiations were conducted in accordance with the 
requirements of the Trade Act of 1974, as amended (19 U.S.C. 2431 et 
seq.) (the ``Trade Act'').
    3. As a result of these negotiations, an ``Agreement Between the 
United States of America and the Socialist Republic of Vietnam on Trade 
Relations'' (the ``Agreement''), including annexes and an exchange of 
letters which form an integral part of the Agreement, the foregoing in 
English and Vietnamese, was signed on July 13, 2000, by duly empowered 
representatives of the two Governments, and is set forth as an annex to 
this proclamation.
    4. The Agreement conforms to the requirements relating to bilateral 
commercial agreements set forth in section 405(b) of the Trade Act (19 
U.S.C. 2435(b)).
    5. Chapter VII, Article 8:1 of the Agreement provides that the 
Agreement shall enter into force on the date of exchange of written 
notices of acceptance by the two Governments.
    6. Section 405(c) of the Trade Act (19 U.S.C. 2435(c)) provides that 
a bilateral commercial agreement providing nondiscriminatory treatment 
to the products of a country denied such treatment prior to the date of 
enactment of the Trade Act, and a proclamation implementing such 
agreement, shall take effect only if a joint resolution described in 
section 151(b)(3) of the Trade Act (19 U.S.C. 2191(b)(3)) that approves 
of the Agreement is enacted into law.
    7. Section 604 of the Trade Act (19 U.S.C. 2483) authorizes the 
President to embody in the Harmonized Tariff Schedule of the United 
States (HTS) the substance of the provisions of that Act, of other acts 
affecting import treatment, and actions taken thereunder.
    Now, Therefore, I, George W. Bush, President of the United States of 
America, acting under authority vested in me by the Constitution and the 
laws of the United States, including, but not limited to, sections 404, 
405, and 604 of the Trade Act, do proclaim that:
(1)          This proclamation shall become effective, the Agreement 
            shall enter into force, and nondiscriminatory treatment 
            shall be extended to the products of Vietnam, in accordance 
            with the terms of the Agreement, and after Congress approves 
            the Agreement by joint resolution, on the date of exchange 
            of written notices of acceptance in accordance with Chapter 
            VII, Article 8:1 of the Agreement. The United States Trade 
            Representative shall publish notice of the effective date in 
            the Federal Register.
(2)          Effective with respect to articles entered, or withdrawn 
            from warehouse for consumption, on or after the date 
            provided in paragraph (1) of this proclamation, general note 
            3(b) to the HTS, enumerating those countries whose products 
            are subject to duty at rates set forth in Rates of Duty 
            Column 2 of the tariff schedule, is modified by striking out 
            ``Socialist Republic of Vietnam.''
    In Witness Whereof, I have hereunto set my hand this eighth day of 
June, in the year of our Lord two thousand one, and of the Independence 
of the United States of America the two hundred and twenty-fifth.
                                                George W. Bush

[[Page 869]]

 [Filed with the Office of the Federal Register, 8:45 a.m., June 11, 
2001]

Note: This proclamation was published in the Federal Register on June 
12.