DetDeterminationG.W. Bush · R

Presidential Determination

Renewal of Trade Agreement with the Socialist Republic of Vietnam

President Bush determined that Vietnam is satisfactorily reciprocating U.S. tariff reductions from multilateral negotiations and maintaining a satisfactory balance of trade concessions, thereby renewing the bilateral trade agreement under the Trade Act of 1974. The U.S. Trade Representative is directed to publish this determination in the Federal Register.

Impact dates

  1. Federal Register filing

Key directives

  • Publish determination in the Federal Register

Who is ordered

Timeline

Immediate

  • Determination takes effect upon signing (December 10, 2004)
  • Renewal of trade agreement status

Near term (90d)

  • Federal Register publication (filed December 20, 2004)

Long term

  • Continued bilateral trade relations under renewed agreement framework

Risks & tensions

  • Document does not specify expiration date of renewed agreement or conditions for future review
  • Trade balance assessment is subjective and could be contested
Presidential Determination: Renewal of Trade Agreement with the Socialist Republic of Vietnam · Executive Orders