ExecutiveOrdersEO
Proc 7449ProclamationG.W. Bush · R Quiet signal

Proclamation 7449

To Implement the Agreement Between the United States of America and the Socialist Republic of Vietnam on Trade Relations

Proclamation 7449 implements the U.S.-Vietnam bilateral trade agreement signed July 13, 2000, by extending nondiscriminatory tariff treatment to Vietnamese products contingent on congressional approval via joint resolution and exchange of written acceptance notices. The proclamation also modifies the Harmonized Tariff Schedule to remove Vietnam from Column 2 duty rates.

Federal Register Open PDF 66 FR 31375

Impact dates

  1. Agreement enters force and nondiscriminatory treatment takes effect upon exchange of written notices of acceptance

Key directives

  • Extend nondiscriminatory treatment to products of Vietnam upon congressional approval and exchange of written notices
  • Modify HTS general note 3(b) to strike 'Socialist Republic of Vietnam' from Column 2 duty countries
  • USTR shall publish notice of effective date in Federal Register

Who is ordered

Timeline

Immediate

  • Proclamation signed; triggers congressional approval requirement

Near term (90d)

  • Pending congressional joint resolution approval

Long term

  • Agreement enters force upon exchange of written notices; USTR publishes effective date in Federal Register; HTS modification takes effect for articles entered on or after effective date

Risks & tensions

  • Conditional effectiveness creates uncertainty pending congressional action
  • No fixed calendar date for exchange of notices—timeline depends on legislative and diplomatic variables
  • Column 2 duty removal may face opposition from domestic industries competing with Vietnamese imports
Proclamation 7449: To Implement the Agreement Between the United States of America and the Socialist Republic of Vietnam on Trade Relations · Executive Orders