Bulgarias MFN status is regulated by title IV of the Trade Act of 1974. which is commonly referred to as the JacksonVanik amendment. Since 1993. Bulgaria has received MFN status after the President has found the country to be in full compliance with the freedom of emigration requirements contained in this provision of United States law. The political and economic circumstances in Bulgaria have changed considerably since the enactment of the JacksonVanik amendment. which was intended to address United States trade relations with nonmarket economies. In recent years. the Communist dictatorship in Bulgaria has collapsed and a democratically elected government has taken office which has implemented basic marketoriented principles. including privatization.
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emigration