Letter to Congressional Leaders Transmitting a Report on Normal Trade Relations Status for Vietnam
Dear Mr. Speaker: (Dear Mr. President:)
I hereby transmit the document referred to in subsection 402(d)(1) of the Trade Act of 1974 (the "Act"), as amended, with respect to the continuation of a waiver of the application of subsections (a) and (b) of section 402 of the Act to Vietnam. This document constitutes my recommendation to continue in effect this waiver for a further 12-month period and includes my determination that continuation of the waiver currently in effect for Vietnam will substantially promote the objectives of section 402 of the Act, and my reasons for such determination.
WILLIAM J. CLINTON
NOTE: Identical letters were sent to J. Dennis Hastert, Speaker of the House of Representatives, and Albert Gore, Jr., President of the Senate. The related memorandum is listed in Appendix D at the end of this volume. The Internal Revenue Service Restructuring and Reform Act of 1998, Public Law 105-206, section 5003, changed the term "most-favored-nation" status to "normal trade relations" status.
William J. Clinton, Letter to Congressional Leaders Transmitting a Report on Normal Trade Relations Status for Vietnam Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/226517