Monday, June 11, 2001
Volume 37, Issue 23; ISSN: 0511-4187
Message to the Congress on trade in Vietnam
George W Bush
� Message to the Congress on Trade With Vietnam
� June 8,2001
� To the Congress of the United States:
(19 U.S.C. 2434) (the "Trade Act"), I am transmitting a copy of a
proclamation that extends nondiscriminatory tariff treatment to the
products of Vietnam. As an annex to the proclamation, I also enclose
the text of the "Agreement Between the United States of America and
the Socialist Republic of Vietnam on Trade Relations," which was
signed on July 13, 2000, including related annexes and exchanges of
� Implementation of this Agreement will strengthen political
relations between the United States and Vietnam and produce economic
benefits for both countries. It will also help to reinforce
political and economic reform in Vietnam.
� I believe that the Agreement is consistent with both the letter and
spirit of the Trade Act. The Agreement provides for mutual extension
of nondiscriminatory tariff treatment, while seeking to ensure
overall reciprocity of economic benefits. The Agreement includes
safeguard arrangements designed to ensure that imports from Vietnam
will not disrupt the U.S. market.
businesses will have in conducting commercial transactions both
within Vietnam and with Vietnamese nationals and business entities,
and includes provisions dealing with settlement of commercial
disputes, investment, financial transactions, and the establishment
of government commercial offices. Vietnam also agrees to adopt
standards for intellectual property protection that match the
standards set forth in the WTO Agreement on Trade-Related Aspects of
Intellectual Property Rights.
� On June 1, 2001, I waived application of subsections 402 (a) and
(b) of the Trade Act with respect to Vietnam. I urge that Congress
act as soon as possible to approve, by a joint resolution referred
to in section 151 (b) (3) of the Trade Act, the extension of
nondiscriminatory treatment to the products of Vietnam as provided
for in the Agreement.
� George W. Bush
� The White House, June 8,2001.