Generalized System of Preferences Renewal Act of 1984

Summary

Generalized System of Preferences Renewal Act of 1983 - Amends the Trade Act of 1974 to extend the generalized system of preferences until January 3, 1995. Directs the President, in determining whether to provide duty-free treatment for an eligible article from a beneficiary country, to consider the extent of the beneficiary developing country's competitiveness with respect to eligible articles. Requires that within 90 days after the President makes a specified determination, with respect to the amount of exports of an eligible article by a beneficiary country to the United States such country shall not be treated as a beneficiary developing country with respect to such article. Requires that such article must have been produced in the United States. Directs the President to review the eligible articles in the generalized system of preferences within two years of enactment of this Act. Provides for changing the tariff treatment of beneficiary developing countries which the President determines, after such review of the generalized system of preferences, has demonstrated a sufficient degree of competitiveness. Authorizes the President to waive the removal of tariff preferences in certain cases. Lists factors to be considered in deciding whether to grant such a waiver. Permits redesignating a country as beneficiary developing country under certain conditions. Declares that the competitive need limit on treatment as a beneficiary country shall not apply to least developed beneficiary developing countries. Requires the President to determine which countries are least developed beneficiary developing countries within 6 months of the enactment of this Act.

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Documents

2 official files

• Reported to Senate with amendment(s)

  summary · EN · 24 May 1984

  Open at official source

• Introduced in Senate

  summary · EN · 1 August 1983

  Open at official source

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