US LAWS, STATUTES & CODES ON-LINE

US Supreme Court Decisions On-Line | US Laws



§ 2486. —  Trade relations with North American countries.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 19USC2486]

 
                        TITLE 19--CUSTOMS DUTIES
 
                      CHAPTER 12--TRADE ACT OF 1974
 
                    SUBCHAPTER VI--GENERAL PROVISIONS
 
Sec. 2486. Trade relations with North American countries


(a) Negotiations for free trade area with Canada

    It is the sense of the Congress that the United States should enter 
into a trade agreement with Canada which will guarantee continued 
stability to the economies of the United States and Canada. In order to 
promote such economic stability, the President may initiate negotiations 
for a trade agreement with Canada to establish a free trade area 
covering the United States and Canada. Nothing in this section shall be 
construed as prior approval of any legislation which may be necessary to 
implement such a trade agreement.

(b) Regional study

    The President shall study the desirability of entering into trade 
agreements with countries in the northern portion of the western 
hemisphere to promote the economic growth of the United States and such 
countries and the mutual expansion of market opportunities and report to 
the Committee on Ways and Means of the House of Representatives and the 
Committee on Finance of the Senate his findings and conclusions within 2 
years after July 26, 1979. The study shall include an examination of 
competitive opportunities and conditions of competition between such 
countries and the United States in the agricultural, energy, and other 
appropriate sectors.

(Pub. L. 93-618, title VI, Sec. 612, Jan. 3, 1975, 88 Stat. 2076; Pub. 
L. 96-39, title XI, Sec. 1104(a), (b)(1), July 26, 1979, 93 Stat. 310.)


                               Amendments

    1979--Pub. L. 96-39 designated existing provisions as subsec. (a) 
and added subsec. (b).


                    Effective Date of 1979 Amendment

    Amendment by Pub. L. 96-39 effective July 26, 1979, see section 1114 
of Pub. L. 96-39, set out as an Effective Date note under section 2581 
of this title.



chanrobles.com.Com


ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com