§ 3107. — Compensation authority.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 19USC3107]
TITLE 19--CUSTOMS DUTIES
CHAPTER 19--TELECOMMUNICATIONS TRADE
Sec. 3107. Compensation authority
If--
(1) the President has taken action under section 3105(a) of this
title with respect to any foreign country, and
(2) such action is found to be inconsistent with the
international obligations of the United States, including the WTO
Agreement and the multilateral trade agreements (as such terms are
defined in paragraphs (9) and (4), respectively, of section 3501 of
this title),
the President may enter into trade agreements with such foreign country
for the purpose of granting new concessions as compensation for such
action in order to maintain the general level of reciprocal and mutually
advantageous concessions.
(Pub. L. 100-418, title I, Sec. 1378, Aug. 23, 1988, 102 Stat. 1222;
Pub. L. 103-465, title VI, Sec. 621(a)(6), Dec. 8, 1994, 108 Stat.
4993.)
Amendments
1994--Par. (2). Pub. L. 103-465 substituted ``the WTO Agreement and
the multilateral trade agreements (as such terms are defined in
paragraphs (9) and (4), respectively, of section 3501 of this title)''
for ``the General Agreement on Tariffs and Trade''.
Effective Date of 1994 Amendment
Amendment by Pub. L. 103-465 effective on the date on which the WTO
Agreement enters into force with respect to the United States [Jan. 1,
1995], see section 621(b) of Pub. L. 103-465, set out as a note under
section 1677k of this title.