Page:United States Statutes at Large Volume 76.djvu/921

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[76 Stat. 873]
PUBLIC LAW 87-000—MMMM. DD, 1962
[76 Stat. 873]

76 STAT. ]

PUBLIC LAW 87-794-OCT. 11, 1962

873

CHAPTER 2—SPECIAL PROVISIONS CONCERNING EUROPEAN ECONOMIC COMMUNITY SEC. 211. IN GENERAL.

(a) I n the case of any trade agreement with the European Economic Community, section 201(b)(1) shall not apply to articles in any category if, before entering into such trade agreement, the President determines with respect to such category that the United States and all countries of the European Economic Community together accounted for 80 percent or more of the aggregated world export value of all the articles in such category. (b) For purposes of subsection (a) — (1) As soon as practicable after the date of the enactment of this Act, the President shall— (A) after taking into account the availability of trade statistics, select a system of comprehensive classification of articles by category, and (B) make public his selection of such system. (2) As soon as practicable after the President has selected a system pursuant to paragraph (1), the Tariff Commission shall— (A) determine the articles falling within each category of such system, and (B) make public its determinations. The determination of the Tariff Commission as to the articles included in any category may be modified only by the Tariff Commission. Such modification by the Tariff Commission may be made only for the purpose of correction, and may be made only before the date on which the first list of articles specifying this section is furnished by the President to the Tariff Commission pursuant to section 221. (c) For the purpose of making a determination under subsection (a) with respect to any category— (1) The determination of the countries of the European Economic Community shall be made as of the date of the request under subsection (d). (2) The President shall determine "aggregated world export value" with respect to any category of articles— (A) on the basis of a period which he determines to be representative for such category, which period shall be included in the most recent 5-year period before the date of the request under subsection (d) for which statistics are available and shall contain at least 2 one-year periods, (B) on the basis of the dollar value of exports as shown by trade statistics in use by the Department of Commerce, and (C) by excluding exports— (i) from any country of the European Economic Community to another such country, and (ii) to or from any country or area which, at any time during the representative period, was denied trade agreement benefits under section 231, or under section 5 of the Trade Agreements Extension Act of 1951, or under es Stat. 73; section 401(a) of the Tariff Classification Act of 1962. ^^^Ic^f^^a (d) Before the President makes a determination under subsection Ante, p. 78. (a) with respect to any category, the Tariff Commission shall (upon request of the President) make findings as to— (1) the representative period for such category, (2) the aggregated world export value of the articles falling within such category, and