DetDeterminationG.W. Bush · R

Presidential Determination

Determination Under Subsection 402(d)(1) of the Trade Act of 1974, as AmendedContinuation of Waiver Authority for Vietnam

President Bush determined that extending waiver authority under section 402 of the Trade Act of 1974 for Vietnam would substantially promote the act's objectives, continuing a policy that allows normal trade relations without the Jackson-Vanik amendment's restrictions. The Secretary of State is directed to publish this determination in the Federal Register.

Impact dates

  1. Publication of determination in Federal Register

Key directives

  • Determine that extension of section 402 waiver authority substantially promotes objectives of the Trade Act of 1974
  • Determine that continuation of waiver for Vietnam substantially promotes objectives of section 402
  • Publish determination in the Federal Register

Who is ordered

Timeline

Immediate

  • Waiver authority for Vietnam continues
  • Determination to be published in Federal Register

Near term (90d)

Long term

  • Continued normal trade relations status for Vietnam subject to annual presidential review

Risks & tensions

  • Document does not specify duration of waiver continuation; typical annual renewal cycle implied by statute but not stated
  • Jackson-Vanik waivers for non-market economies historically contentious with human rights advocates
Presidential Determination: Determination Under Subsection 402(d)(1) of the Trade Act of 1974, as AmendedContinuation of Waiver Authority for Vietnam · Executive Orders