Although I had originally voted in support of the 5year extension in June. Important changes have occurred since that vote and I think it wise at this point to reconsider the Issue. As we all know. the JacksonVanik amendment of 1974 generally forbids the extension of MFN status to Communist countries which have restrictive emigration policies. Since 1978. the President has annually extended MFN treatment to Hungary In response to that countrys commendable record on emigration. Ultimately. of course. the goal is to encourage Hungary to enact the institutional changes which will bring that nation fully in compliance with section 402 of the Trade Act of 1974. President Bushs historic trip to Hungary on July 12 established a stronger relationship between our governments and a concrete plan for permanent MFN status was outlined. making H.R. 1594 untimely given present circumstances.
Keywords matched
emigration