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Proc 6951--ProclamationClinton · D

Proclamation 6951--

To Extend Nondiscriminatory Treatment (Most- Favored- Nation Treatment) to the Products of Romania

TradeTradeEconomy & LaborEconomy & Labor

In simple terms

President Clinton issued Proclamation 6951 to extend most-favored-nation (MFN) trade status to Romania, ending application of Title IV of the Trade Act of 1974 (Jackson-Vanik amendment) to that country. The proclamation took effect upon Federal Register publication on November 12, 1996.

Federal Register Open PDF 61 FR 58129

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 61 FR 58129

    Federal Register PDF

  3. MFN treatment effective upon Federal Register publication

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Other industrial

Mechanisms

Tariff

Role pressure

  • ProtectiveImporter — Lower tariffs on Romanian goods reduce import costs
  • ProtectiveTrading-partner exporter — Romanian exporters gain competitive access to US market via MFN tariff rates

Geographies

USOTHER

Exposure dates

  • — MFN treatment effective upon Federal Register publication

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

AAPLApple

Confidence: high · Policy alerts

Key directives

  • Extend nondiscriminatory treatment (most-favored-nation treatment) to products of Romania
  • Terminate application of Title IV of the Trade Act of 1974 to Romania
  • Supersede inconsistent provisions of previous proclamations and Executive orders

Prior policy

  • supersedeprevious proclamations and Executive orders inconsistent with this proclamation

What to expect

Immediate

  • MFN treatment effective upon Federal Register publication (November 12, 1996)
  • Title IV of Trade Act of 1974 no longer applies to Romania

Near term (90d)

  • Tariff reductions on Romanian goods take effect in customs administration

Long term

  • Permanent normalized trade relations framework with Romania unless revoked by future action

Risks & tensions

  • Supersession clause may create uncertainty for specific prior tariff schedules involving Romania
  • Congressional findings referenced but not reproduced; basis for determination not detailed in text
Proclamation 6951--: To Extend Nondiscriminatory Treatment (Most- Favored- Nation Treatment) to the Products of Romania · Executive Orders