I rise before you today to ask that you support this bill. as amended. and send a strong message of support to the people of Hungary who have been working to reform the economic and political systems of that country. Every President since 1978 has extended MFN status to Hungary under the waive authority of title 4 of the Trade Act of 1974. the socalled JacksonVanik amendment. They have done this after assessing Hungarys positive record on emigration and Judging that extension of MFN status would promote even greater progress in this area. Hungarys record on emigration matters is excellent. But equally impressive are the efforts underway in that country to liberalize the economy and political system. Private sector activity has been on an upswing and policies are being put into place to promote even greater growth of privately owned businesses.
Keywords matched
emigration