| ACTION FROM THE COMMITTEE ON WAYS AND MEANSFOR IMMEDIATE RELEASE July 21, 2004 FC 23-A | CONTACT: (202) 225-3625 |
Thomas Announces Committee Action on H.R. 4842, the “United States-Morocco Free Trade Agreement Implementation Act”Congressman Bill Thomas
(R-CA), Chairman of the Committee on Ways and Means, today announced that on Tuesday, July 20, 2004, the Committee ordered favorably reported
H.R. 4842, the “United
States-Morocco Free Trade Agreement Implementation Act,” by a recorded vote of
26-0, without amendment.
DESCRIPTION OF H.R. 4842 AS
APPROVED:
- Title I would provide
the general congressional approval of the Agreement and procedures for the
President to follow in order to execute his authority to implement the
Agreement, such as consultation with Congress, layover, and advice from
advisory committees.
- Title II would provide
authority for the President to proclaim tariff modifications to carry out the
Agreement and sets out the rules of origin for goods to qualify for
preferential treatment. In particular, the Agreement would require a “yarn
forward” rule of origin for most textile and apparel goods.
- The Agreement would
permit the United States to impose an agricultural safeguard measure, in the
form of additional duties, on certain horticultural goods from Morocco.
- Other provisions in the
bill would provide enforcement authority to prevent circumvention of textile or
apparel requirements.
- Title III would provide
a temporary mechanism to impose import relief when increased quantities of Moroccan
imports are a substantial cause of serious injury or threat of serious injury
to the domestic industry. Another provision would provide a special safeguard
relief procedure for textile and apparel imports.
*****
| |