Proclamation Amending the Generalized System of Preferences to Include Ukraine

President Bill Clinton issued a proclamation amending the Generalized System of Preferences (GSP) to include Ukraine in the list of countries eligible for GSP treatment. This decision was made in accordance with the provisions of the Trade Act of 1974, as amended. Clinton stated that Ukraine has met the eligibility requirements for beneficiary developing countries under the GSP. The proclamation aims to provide Ukraine with benefits and support its economic development.

Key Takeaways:

• President Clinton issued a proclamation amending the Generalized System of Preferences (GSP) to include Ukraine on March 3, 1994.
• The decision was made in accordance with sections 501 and 502 of the Trade Act of 1974, as amended, and section 604 of the Trade Act.
• Ukraine was designated as a beneficiary developing country for purposes of the GSP, allowing its products to be eligible for benefits of the GSP.
• The modifications to the Harmonized Tariff Schedule (HTS) made by the proclamation are effective with respect to articles imported on or after January 1, 1976, and entered, or withdrawn from warehouse for consumption, on or after 15 days after the date of publication of this proclamation in the Federal Register.
• The proclamation supersedes any provisions of previous proclamations and Executive orders inconsistent with its provisions.
• The amendments to the GSP will benefit Ukraine and support its economic development.

Statistics:

• March 3, 1994: Date of the proclamation amending the Generalized System of Preferences.
• January 1, 1976: Date from which articles are eligible for the benefits of the GSP under the proclamation.
• 15 days after the date of publication of this proclamation in the Federal Register: Date from which the modifications to the HTS are effective.

Sources:

• "Centennial Edition, Federal Register, March 4, 1993.
• "By the President of the United States of America A Proclamation," March 3, 1994.