Memorandum From the President on Trade With Hungary and Romania

Presidential Determination No. 78-14

Memorandum for the Secretary of State

Subject: Determination under Subsections 402(d)(5) and (d)(5)(c) of the Trade Act of 1974—Continuation of Waiver Authority

Pursuant to the authority vested in me under the Trade Act of 1974, (Public Law 93-618, January 3, 1975; 88 Stat. 1978) (hereinafter "the Act"), I determine, pursuant to Subsections 402 (d) (5) and (d) (5) (c) of the Act, that the further extension of the waiver authority granted by Subsection 402(c) of the Act will substantially promote the objectives of Section 402 of the Act. I further determine that continuation of the waivers applicable to the Socialist Republic of Romania and to the Hungarian People's Republic will substantially promote the objectives of Section 402 of the Act.

This determination shall be published in the FEDERAL REGISTER.

JIMMY CARTER