DetDeterminationG.W. Bush · R

Presidential Determination

Determination Under Section 405(a) of the Trade Act of 1974, as amended, Concerning the Socialist Republic of

President Bush determined that the bilateral trade agreement with Vietnam promotes the purposes of the Trade Act of 1974 and is in the national interest, clearing a procedural requirement for the agreement to take effect. The Secretary of State is directed to publish this determination in the Federal Register.

Impact dates

  1. Federal Register publication filed

Key directives

  • Determine that the U.S.-Vietnam trade agreement promotes Trade Act purposes and is in national interest
  • Publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Determination signed and effective upon signing

Near term (90d)

  • Publication in Federal Register (filed June 27, 2001)

Long term

  • Implementation of U.S.-Vietnam bilateral trade agreement

Risks & tensions

  • Procedural determination with limited independent effect; actual trade impacts depend on subsequent implementing actions
  • Vietnam's non-market economy status at the time may have created implementation complexities
Presidential Determination: Determination Under Section 405(a) of the Trade Act of 1974, as amended, Concerning the Socialist Republic of · Executive Orders