ExecutiveOrdersEO
Proc 6922ProclamationClinton · D

Proclamation 6922

To Extend Nondiscriminatory Treatment (Most- Favored- Nation Treatment) to the Products of Bulgaria

President Clinton issued a proclamation extending most-favored-nation (MFN) trade treatment to Bulgaria, terminating application of Title IV of the Trade Act of 1974 (Jackson-Vanik amendment) to that country. The proclamation took effect upon Federal Register publication on October 1, 1996, superseding any inconsistent prior proclamations and executive orders.

Federal Register Open PDF 61 FR 51205

Impact dates

  1. MFN treatment effective and Title IV termination takes effect

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Other industrial

Mechanisms

Tariff

Role pressure

  • ProtectiveTrading-partner exporter — Bulgarian exporters gain permanent MFN access to U.S. market, eliminating Jackson-Vanik conditional uncertainty
  • ProtectiveImporter — U.S. importers of Bulgarian goods benefit from lower, stable tariff rates and reduced regulatory friction

Geographies

USOTHER

Exposure dates

  • — MFN treatment effective and Title IV termination takes effect

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

AAPLApple

Confidence: high · Policy alerts

Key directives

  • Extend nondiscriminatory treatment (MFN) to products of Bulgaria
  • Terminate application of Title IV of Trade Act of 1974 to Bulgaria
  • Supersede inconsistent prior proclamations and executive orders
  • Effective date: date of Federal Register publication

Timeline

Immediate

  • MFN treatment effective upon Federal Register publication (October 1, 1996)
  • Title IV of Trade Act of 1974 no longer applies to Bulgaria
  • Prior inconsistent proclamations and executive orders superseded

Near term (90d)

  • Implementation of tariff reductions by U.S. Customs Service
  • Adjustment of import documentation for Bulgarian goods

Long term

  • Normalized U.S.-Bulgaria trade relations under WTO-compatible MFN terms
  • Potential expansion of bilateral trade and investment

Risks & tensions

  • Congressional findings in Public Law 104-162 suggest prior legislative debate; text does not specify content of those findings
  • Supersession clause is broad but unspecified—which prior proclamations/EOs are affected is not detailed
Proclamation 6922: To Extend Nondiscriminatory Treatment (Most- Favored- Nation Treatment) to the Products of Bulgaria · Executive Orders