[Weekly Compilation of Presidential Documents Volume 38, Number 35 (Monday, September 2, 2002)]
[Pages 1451-1452]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Proclamation 7586--To Modify Duty-Free Treatment Under the Generalized 
System of Preferences for Argentina

 August 28, 2002

 By the President of the United States

 of America

 A Proclamation

    1. Section 503(c)(2)(C) of the Trade Act of 1974, as amended (the 
``1974 Act'') (19 U.S.C. 2463(c)(2)(C)), provides that a country that is 
no longer treated as a beneficiary developing country with respect to an 
eligible article may be redesignated as a beneficiary developing country 
with respect to such article if imports of such article from such 
country did not exceed the competitive need limitations in section 
503(c)(2)(A) of the 1974 Act (19 U.S.C. 2463(c)(2)(A)) during the 
preceding calendar year.
    2. Section 503(c)(2)(F) of the 1974 Act (19 U.S.C. 2463(c)(2)(F)) 
provides that the President may disregard the competitive need 
limitation provided in section 503(c)(2)(A)(i)(II) (19 U.S.C. 
2463(c)(2)(A)(i)(II)) with respect to any eligible article from any 
beneficiary developing country if the aggregate appraised value of the 
imports of such article into the United States during the preceding 
calendar year does not exceed an amount set forth in section 
503(c)(2)(F)(ii) (19 U.S.C. 2463(c)(2)(F)(ii)).
    3. Pursuant to section 503(c)(2)(C) of the 1974 Act, I have 
determined that Argentina should be redesignated as a beneficiary 
developing country with respect to certain eligible articles that 
previously had been imported in quantities exceeding the competitive 
need limitations of section 503(c)(2)(A).
    4. Pursuant to section 503(c)(2)(F) of the 1974 Act, I have 
determined that the competitive need limitation provided in section 
503(c)(2)(A)(i)(II) should be waived with respect to certain eligible 
articles from Argentina.
    5. Section 604 of the 1974 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 relevant provisions of that Act, and 
of other acts affecting import treatment, and actions thereunder, 
including the removal, modification, continuance, or imposition of any 
rate of duty or other import restriction.
    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, including section 301 of title 3, United 
States Code, and title V and section 604 of the 1974 Act, do proclaim 
that:
    (1) In order to provide that Argentina, which has not been treated 
as a beneficiary

[[Page 1452]]

developing country with respect to certain eligible articles, should be 
redesignated as a beneficiary developing country with respect to those 
articles for purposes of the GSP:
    (a) general note 4(d) to the HTS is modified as provided in section 
A of the Annex to this proclamation.
    (b) the Rates of Duty 1-Special subcolumn for each of the HTS 
subheadings enumerated in section B of the Annex to this proclamation is 
modified as provided in such section.
    (2) A waiver of the application of section 503(c)(2)(A)(i)(II) of 
the 1974 Act shall apply to the eligible articles in the HTS subheadings 
and to the beneficiary developing country listed in section C of the 
Annex to this proclamation.
    (3) 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.
    (4) The modifications made by the Annex to this proclamation shall 
be effective with respect to articles entered, or withdrawn from 
warehouse for consumption, on or after the 15th day after the 
publication of this proclamation in the Federal Register.
    In Witness Whereof, I have hereunto set my hand this twenty-eighth 
day of August, in the year of our Lord two thousand two, and of the 
Independence of the United States of America the two hundred and twenty-
seventh.
                                                George W. Bush

 [Filed with the Office of the Federal Register, 8:45 a.m., August 30, 
2002]

Note: This proclamation and its annex will be published in the Federal 
Register on September 3.