[Code of Federal Regulations]
[Title 3, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 3CFR7586]

Proc. 7586

[[Page 123]]

Proclamation 7586 of August 28, 2002

To Modify Duty-Free Treatment Under the Generalized System of Preferences 
for Argentina

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 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.

[[Page 124]]

          (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 
          eister.
          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

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