Proc 6922ProclamationClinton · D

Proclamation 6922

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

In simple terms

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.

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 61 FR 51205

  3. 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.

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

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

Prior policy

  • supersedeunspecified prior proclamations and Executive orders inconsistent with this proclamation

What to expect

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  • Prior inconsistent proclamations and executive orders superseded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