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Proc 7207--ProclamationClinton · D Quiet signal

Proclamation 7207--

To Extend Nondiscriminatory Treatment (Normal Trade Relations Treatment) to Products of Mongolia and To Implement an Agreement To Eliminate Tariffs on Certain Pharmaceuticals and Chemical Intermediates

This proclamation grants permanent normal trade relations (NTR) treatment to Mongolia by removing it from the Jackson-Vanik amendment requirements of the Trade Act of 1974, effective immediately upon signing. It also implements a WTO multilateral agreement to eliminate tariffs on certain pharmaceutical products and chemical intermediates by modifying the Harmonized Tariff Schedule, with specific effective dates set forth in an annex.

Federal Register Open PDF 64 FR 36549

Impact dates

  1. HTS modifications effective for articles entered or withdrawn from warehouse for consumption

  2. NTR treatment for Mongolia effective

Key directives

  • Extend nondiscriminatory treatment to products of Mongolia
  • Remove Mongolia from coverage of Title IV of Trade Act of 1974
  • Modify Harmonized Tariff Schedule to implement WTO pharmaceutical and chemical intermediates tariff elimination agreement
  • Make technical corrections to pharmaceuticals appendix of HTS
  • Supersede inconsistent provisions of prior proclamations and executive orders

Timeline

Immediate

  • NTR treatment extended to Mongolia effective July 1, 1999
  • Jackson-Vanik title IV restrictions lifted for Mongolia

Near term (90d)

  • HTS modifications for pharmaceuticals and chemical intermediates take effect per Annex dates (some may be immediate or staged)

Long term

  • Permanent normalized trade framework with Mongolia
  • Ongoing tariff-free treatment for covered pharmaceutical and chemical products under WTO agreement

Risks & tensions

  • Annex with specific tariff phase-out dates is referenced but not fully reproduced in text; exact staging dates require cross-reference
  • Technical corrections to HTS product identifications suggest potential implementation complexity
  • Supersession clause may create uncertainty for prior tariff treatment of affected products
Proclamation 7207--: To Extend Nondiscriminatory Treatment (Normal Trade Relations Treatment) to Products of Mongolia and To Implement an Agreement To Eliminate Tariffs on Certain Pharmaceuticals and Chemical Intermediates · Executive Orders