MemoMemorandumG.W. Bush · R

Presidential Memorandum

Notification to Congress of Trade Negotiation

This memorandum authorizes the U.S. Trade Representative to notify Congress of the President's intention to negotiate a Free Trade Agreement with Australia, as required by the Trade Act of 2002. It also directs publication of the memorandum in the Federal Register.

Impact dates

  1. Notification to Congress under section 2104(a)(1) of Trade Act of 2002

Key directives

  • Notify Congress of intention to enter into negotiations on a Free Trade Agreement with Australia
  • Publish this memorandum in the Federal Register

Who is ordered

Timeline

Immediate

  • Notification to Congress of intent to negotiate
  • Federal Register publication

Near term (90d)

  • Formal trade negotiations with Australia to commence

Long term

  • Potential ratification of U.S.-Australia Free Trade Agreement

Risks & tensions

  • Fast-track authority under Trade Act of 2002 required Congressional cooperation for final agreement
  • Agricultural market access likely to be contentious issue with Australia
Presidential Memorandum: Notification to Congress of Trade Negotiation · Executive Orders