118 STAT. 4107 PROCLAMATION 7758—MAR. 1, 2004 Proclamation 7758 of March 1, 2004 To Modify Duty-Free Treatment Under the Generalized System of Preferences By the President of the United States of America A Proclamation 1. Pursuant to sections 501 and 502(a)(1) of the Trade Act of 1974, as amended (the ‘‘Act’’;) (19 U.S.C. 2461, 2462(a)(1)), the President is au- thorized to designate countries as beneficiary developing countries for purposes of the Generalized System of Preferences (GSP). 2. Section 502(b)(1)(C) of the Act (19 U.S.C. 2462(b)(1)(C)) specifies that European Union member states may not be designated as bene- ficiary developing countries for purposes of the GSP. 3. Section 502(e) of the Act (19 U.S.C. 2462(e)) provides that the Presi- dent shall terminate the designation of a country as a beneficiary de- veloping country for purposes of the GSP if the President determines that such country has become a ‘‘high income’’; country as defined by the official statistics of the International Bank for Reconstruction and Development. Termination is effective on January 1 of the second year following the year in which such determination is made. 4. Pursuant to sections 501 and 502(a)(1) of the Act, and having due regard for the factors set forth in section 501 of the Act and taking into account the factors set forth in section 502(c) (19 U.S.C. 2462(c)), I have decided to designate Algeria as a beneficiary developing country for purposes of the GSP. 5. Consistent with section 502(b)(1)(C) of the Act, I have decided to ter- minate the designation of the Czech Republic, Estonia, Hungary, Lat- via, Lithuania, Poland, and Slovakia as beneficiary developing coun- tries, with such termination to become effective for each of these coun- tries when it becomes a European Union member state. 6. Pursuant to section 502(e) of the Act, I have determined that Antigua and Barbuda, Bahrain, and Barbados have become ‘‘high income’’; countries, and I am terminating the designation of those countries as beneficiary developing countries for purposes of the GSP, effective Jan- uary 1, 2006. 7. Section 604 of the 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 re- moval, 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 Con- stitution and the laws of the United States of America, including title V and section 604 of the Act (19 U.S.C. 2461–67, 2483), do proclaim that: (1) Algeria is designated as a beneficiary developing country for pur- poses of the GSP, effective 15 days after the date of this proclamation. (2) In order to reflect this designation in the HTS, general note 4(a) to the HTS is modified by adding ‘‘Algeria’’; to the list entitled ‘‘Inde- VerDate 11-MAY-2000 15:04 Nov 10, 2005 Jkt 029194 PO 00000 Frm 00073 Fmt 8087 Sfmt 8087 C:\STATUTES\2004\29194PT4.004 APPS10 PsN: 29194PT4
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