Page:United States Statutes at Large Volume 108 Part 6.djvu/272

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108 STAT. 4840 PUBLIC LAW 103-465-DEC. 8, 1994 plies with, furthers, or supports any boycott described in section 8(a) of the Export Administration Act of 1979 (50 U.S.C. App. 2407(a)) (as in effect on August 20, 1994), including requiring or encouraging entities within that country to refuse to do business with persons who do not comply with requests to take any action prohibited under that section. President. SEC. 134. AFRICA TRADE AND DEVELOPMENT POLICY. 19 USC 3554 (a) DEVELOPMENT OF POLICY.— The President should develop and implement a comprehensive trade and development poHcy for the countries of Africa. (b) REPORTS TO CONGRESS.— The President shall, not later than 12 months after the date of the enactment of this Act and annually thereafter for a period of 4 years, submit to the Committee on Ways and Means and the Committee on Foreign Affairs of the House of Representatives, the Committee on Finance and the Committee on Foreign Relations of the Senate, and other appropriate committees of the Congress, a report on the steps teken to carry out subsection (a). 19 USC 3555. SEC. 135. OBJECTIVES FOR EXTENDED NEGOTIATIONS. (a) TRADE IN FINANCIAL SERVICES.— The principal negotiating objective of the United States in the extended negotiations on financial services to be conducted under the auspices of the WTO is to seek to secure commitments, from a wide range of commercially important developed and developing countries, to reduce or eliminate barriers to the supply of financial services, including barriers that deny national treatment or market access by restricting the estabhshment or operation of fineincial services providers, as the condition for the United States— (1) offering commitments to provide national treatment and market access in each of the financial services subsectors, and (2) making such commitments on a most-favored-nation basis. (b) TRADE IN BASIC TELECOMMUNICATIONS SERVICES.—The principal negotiating objective of the United States in the extended negotiations on oasic telecommunications services to be conducted under the auspices of the WTO is to obtain the opening on nondiscriminatory terms and conditions of foreign markets for basic telecommunications services through facilities-based competition or through the ressile of services on existing networks. (c) TRADE IN CIVIL AIRCRAFT. — (1) NEGOTIATIONS.—The principal negotiating objectives of the United States in the extended negotiations on trade in civil aircraft to be conducted under the auspices of the WTO are— (A) to obtain competitive opportunities for United States exports in foreign markets substantially equivalent to those afforded to foreign products in the United States, (B) to obtain the reduction or elimination of specific tariff and nontariff barriers, including through expanded membership in the Agreement on Trade in Civil Aircraft and in the US-EC bilateral agreement for large civil aircraft, (C) to maintain vigorous and effective disciplines on subsidies practices with respect to civil aircraft products