Proc 6951--ProclamationClinton · D

Proclamation 6951--

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

President Clinton issued Proclamation 6951 to extend most-favored-nation (MFN) trade status to Romania, ending 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 November 12, 1996.

Impact dates

  1. MFN treatment effective upon Federal Register publication

Market exposure

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

Mechanisms

Tariff

Role pressure

  • ProtectiveImporterLower tariffs on Romanian goods reduce import costs
  • ProtectiveTrading-partner exporterRomanian exporters gain competitive access to US market via MFN tariff rates

Geographies

Exposure dates

  • MFN treatment effective upon Federal Register publication

Illustrative public companies

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

AAPLApple

Confidence: high · Policy alerts

Key directives

  • Extend nondiscriminatory treatment (most-favored-nation treatment) to products of Romania
  • Terminate application of Title IV of the Trade Act of 1974 to Romania
  • Supersede inconsistent provisions of previous proclamations and Executive orders

Timeline

Immediate

  • MFN treatment effective upon Federal Register publication (November 12, 1996)
  • Title IV of Trade Act of 1974 no longer applies to Romania

Near term (90d)

  • Tariff reductions on Romanian goods take effect in customs administration

Long term

  • Permanent normalized trade relations framework with Romania unless revoked by future action

Risks & tensions

  • Supersession clause may create uncertainty for specific prior tariff schedules involving Romania
  • Congressional findings referenced but not reproduced; basis for determination not detailed in text
Proclamation 6951--: To Extend Nondiscriminatory Treatment (Most- Favored- Nation Treatment) to the Products of Romania · Executive Orders