110 STAT. 1414
PUBLIC LAW 104-162^JULY 18, 1996
Public Law 104-162
104th Congress
An Act
July 18, 1996
To authorize the extension of nondiscriminatory treatment (most-favored-nation
[H.R. 2853]
treatment) to the products of Bvdgaria.
Be it enacted by the Senate and House of Representatives of
Exports and
the United States of America in Congress assembled,
]S^?C 2434
SECTION 1. CONGRESSIONAL FINDINGS AND SUPPLEMENTAL ACTION.
"°*®-
(a) CONGRESSIONAL FINDINGS. —The Congress finds that Bulgaria—
(1) has received most-favored-nation treatment since 1991
and has been found to be in full compliance with the freedom
of emigration requirements under title IV of the Trade Act
of 1974 since 1993;
(2) has reversed many years of Communist dictatorship
and instituted a constitutional republic ruled by a democratically elected government as well as basic market-oriented
reforms, including privatization;
(3) is in the process of acceding to the General Agreement
on Tariffs and Trade (GATT) and the World Trade Organization
(WTO), and extension of unconditional most-favored-nation
treatment would enable the United States to avail itself of
all rights under the GATT and the WTO with respect to Bulgaria; and
(4) has demonstrated a strong desire to build friendly relationships and to cooperate fully with the United States on
trade matters.
(b) SUPPLEMENTAL ACTION.—The Congress notes that the
United States Trade Representative intends to negotiate with Bulgaria in order to preserve the commitments of that country under
the bilateral commercial agreement in effect between that country
and the United States that are consistent with the GATT and
the WTO.
�
