Page:United States Statutes at Large Volume 99 Part 1.djvu/104
99 STAT. 82
PUBLIC LAW 99-47—JUNE 11, 1985
Public Law 99-47 99th Congress An Act June 11, 1985 [H.R. 2268] United StatesIsrael Free Trade Area Implementation Act of 1985. 19 USC 2112 note. Commerce and trade. 19 USC 2112 note. 19 USC 2112.
To approve and implement the Free Trade Area Agreement between the United States and Israel.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE.
This Act may be cited as the "United States-Israel Free Trade Area Implementation Act of 1985"..^. _ SEC. 2. PURPOSES.
The purposes of this Act are— (1) to approve and implement the agreement on the establishment of a free trade area between the United States and Israel negotiated under the authority of section 102 of the Trade Act of 1974; (2) to strengthen and develop the economic relations between the United States and Israel for their mutual benefit; and (3) to establish free trade between the two nations through the removal of trade barriers.
19 USC 2112 note.
SEC. 3. APPROVAL OF A FREE TRADE AREA AGREEMENT.
19 USC 2112 note.
SEC. 4. PROCLAMATION AUTHORITY.
Pursuant to sections 102 and 151 of the Trade Act of 1974 (19 U.S.C. 2112; 2191), the Congress approves— (1) the Agreement on the Establishment of a Free Trade Area between the Government of the United States of America and the Government of Israel (hereinafter in this Act referred to as "the Agreement") entered into on April 22, 1985, and submitted to the Congress on April 29, 1985, and (2) the statement of administrative action proposed to implement the Agreement that was submitted to the Congress on April 29, 1985. (a) TARIFF MODIFICATIONS.—Except as provided in subsection (c), the President may proclaim— (1) such modifications or continuance of any existing duty, (2) such continuance of existing duty-free or excise treatment, or (3) such additional duties, as the President determines to be required or appropriate to carry out the schedule of duty reductions with respect to Israel set forth in annex 1 of the Agreement. (b) ADDITIONAL TARIFF MODIFICATION AUTHORITY.—Except as provided in subsection (c), whenever the President determines that it is necessary to maintain the general level of reciprocal and mutually advantageous concessions with respect to Israel provided for by the Agreement, the President may proclaim—