Page:United States Statutes at Large Volume 108 Part 6.djvu/246

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108 STAT. 4814 PUBLIC LAW 103-465—DEC. 8, 1994 (7) URUGUAY ROUND AGREEMENTS. —The term "Uruguay Round Agreements" means the agreements approved by the Congress under section lOl(a)(l). (8) WORLD TRADE ORGANIZATION AND WTO.— The terms "World Trade Organization" and "WTO" mean the organization established pursuant to the WTO Agreement. (9) WTO AGREEMENT. —The term "WTO Agreement^' means the Agreement Establishing the World Trade Organization entered into on April 15, 1994. (10) WTO MEMBER AND WTO MEMBER COUNTRY. —The terms "WTO member^ and "WTO member country" mean a state, or separate customs territory (within the meaning of Article Xn of the WTO Agreement), with respect to which the United States applies the WTO Agreement. TITLE I—APPROVAL OF, AND GENERAL PROVISIONS RELATING TO, THE URU- GUAY ROUND AGREEMENTS Subtitle A—Approval of Agreements and Related Provisions 19 USC 3511. SEC. 101. APPROVAL AND ENTRY INTO FORCE OF THE URUGUAY ROUND AGREEMENTS. (a) APPROVAL OF AGREEMENTS AND STATEMENT OF ADMINISTRA- TIVE ACTION.— Pursuant to section 1103 of the Omnibus Trade and Competitiveness Act of 1988 (19 U.S.C. 2903) and section 151 of the Trade Act of 1974 (19 U.S.C. 2191), the Congress approves— (1) the trade agreements described in siibsection (d) resulting from the Uruguay Round of multilateral trade negotiations under the auspices of the General Agreement on Tariffs and Trade, entered into on April 15, 1994, and submitted to the Congress on September 27, 1994; and (2) the statement of administrative action proposed to implement the agreements that was submitted to the Congress on September 27, 1994. (b) ENTRY INTO FORCE. —At such time as the President determines that a sufficient number of foreign countries are accepting the obligations of the Uruguay Round Agreements, in accordance with article XIV of the WTO Agreement to ensure the effective operation of, and adequate benefits for the United States under, those Agreements, the President may accept the Uruguay Round Agreements and implement article VTII of the WTO Agreement. (c) AUTHORIZATION OF APPROPRIATIONS. —There are authorized to be appropriated annually such sums as may be necessary for the payment by the United States of its share of the expenses of the WTO. (d) TRADE AGREEMENTS TO WHICH THIS ACT APPLIES.— Subsection (a) applies to the WTO Agreement and to the following agreements annexed to that Agreement: (1) The (General Agreement on Tariffs and Trade 1994. (2) The Agreement on Agriculture.