,,ii #aac? ,,congress #a/ ,session ,s4 #dca ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,febru>y #bh1 #bjac ,mrs4 ,fe9/e9 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to au?orize pref]5tial treatm5t = c]ta9 imports f ,nepal1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,nepal ,trade ,pref]5ces ,act4 #b4 ,eligibility requirem5ts 7a7 ,9 g5]al ,! ,presid5t may au?orize ! provision ( pref]5tial treatm5t "u ?is ,act to articles t are import$ directly f ,nepal into ! cu/oms t]ritory ( ! ,unit$ ,/ates pursuant to section #c if ! ,presid5t det]m9es-- 7#a7 t ,nepal meets ! requirem5ts set =? 9 p>agraphs 7#a71 7#b71 & 7#c7 ( section #ajd7;a7 ( ! ,african ,gr[? & ,opportunity ,act 7#ai ,u4,s4,c4 #cgjc7;a772 & 7#b7 aft] tak+ into acc\nt ! factors set =? 9 p>agraphs 7#a7 ?r\gh 7#g7 ( subsection 7c7 ( section #ejb ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfb71 t ,nepal meets ! eligibility requirem5ts ( su* section #ejb4 7b7 ,)drawal1 susp5sion1 or limitation ( pref]5tial treatm5t2 m&atory graduation ,! provisions ( subsections 7d7 & 7e7 ( section #ejb ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfb7 %all apply ) respect to ,nepal to ! same ext5t & 9 ! same mann] z su* provisions apply ) respect to b5efici>y develop+ c\ntries "u title ,v ( t ,act 7#ai ,u4,s4,c4 #bdfa et seq474 #c4 ,eligible articles 7a7 ,c]ta9 manufactur$ & o!r articles 7#a7 ,9 g5]al ,an article describ$ 9 p>agraph 7#b7 may ent] ! cu/oms t]ritory ( ! ,unit$ ,/ates free ( duty4 7#b7 ,articles describ$ 7,a7 ,9 g5]al ,an article is describ$ 9 ?is p>agraph if-- 7i7 ! article is ! gr[?1 product1 or manufacture ( ,nepal2 7ii7 ! article is import$ directly f ,nepal into ! cu/oms t]ritory ( ! ,unit$ ,/ates2 7iii7 ! article is describ$ 9 subp>agraphs 7,b7 ?r\gh 7,g7 ( subsection 7b77#a7 ( section #ejc ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfc72 7iv7 ! ,presid5t det]m9es1 aft] receiv+ ! advice ( ! ,unit$ ,/ates ,int]national ,trade ,commission 9 accordance ) subsection 7e7 ( t section1 t ! article is n import-s5sitive 9 ! context ( imports f ,nepal2 & 7v7 subject to subp>agraph 7,c71 ! sum ( ! co/ or value ( ! mat]ials produc$ 91 & ! direct co/s ( process+ op]ations p]=m$ 91 ,nepal or ! cu/oms t]ritory ( ! ,unit$ ,/ates is n less ?an #ce p]c5t ( ! apprais$ value ( ! article at ! "t x is ent]$4 7,b7 ,exclusions ,an article %all n be treat$ z ! gr[?1 product1 or manufacture ( ,nepal = purposes ( subp>agraph 7,a77i7 by virtue ( hav+ m]ely und]gone-- 7i7 simple comb9+ or packag+ op]ations2 or 7ii7 m]e dilution ) wat] or m]e dilution ) ano!r sub/ance t does n mat]ially alt] ! *>act]i/ics ( ! article4 7,c7 ,limitation on ,unit$ ,/ates co/ ,= purposes ( subp>agraph 7,a77v71 ! co/ or value ( mat]ials produc$ 91 & ! direct co/s ( process+ op]ations p]=m$ 91 ! cu/oms t]ritory ( ! ,unit$ ,/ates & attribut$ to ! #ce-p]c5t requirem5t "u t subp>agraph may n exce$ #ae p]c5t ( ! apprais$ value ( ! article at ! "t x is ent]$4 7b7 ,textile & app>el articles 7#a7 ,9 g5]al ,a textile or app>el article describ$ 9 p>agraph 7#b7 or 7#c7 may ent] ! cu/oms t]ritory ( ! ,unit$ ,/ates free ( duty4 7#b7 ,textile & app>el articles :olly assembl$ 9 ,nepal 7,a7 ,9 g5]al ,a textile or app>el article is describ$ 9 ?is p>agraph if ! textile or app>el article is-- 7i7 :olly assembl$ 9 ,nepal1 )\t reg>d to ! c\ntry ( orig9 ( ! y>n or fabric us$ to make ! articles2 & 7ii7 import$ directly f ,nepal into ! cu/oms t]ritory ( ! ,unit$ ,/ates4 7,b7 ,limitations 7i7 ,l[ volume ( imports ,if1 dur+ a cal5d> ye>1 imports ( textile & app>el articles describ$ 9 subp>agraph 7,a7 f ,nepal are less ?an #a p]c5t ( ! aggregate squ>e met] equival5ts ( all textile & app>el articles import$ into ! cu/oms t]ritory ( ! ,unit$ ,/ates dur+ t cal5d> ye>1 su* imports f ,nepal may be increas$ to an am\nt t is equal to n m ?an #a4e p]c5t ( ! aggregate squ>e met] equival5ts ( all textile & app>el articles import$ into ! cu/oms t]ritory ( ! ,unit$ ,/ates dur+ t cal5d> ye> = ! succe$+ cal5d> ye>4 7ii7 ,high] volume ( imports ,if1 dur+ a cal5d> ye>1 imports ( textile & app>el articles describ$ 9 subp>agraph 7,a7 f ,nepal are at lea/ #a p]c5t ( ! aggregate squ>e met] equival5ts ( all textile & app>el articles import$ into ! cu/oms t]ritory ( ! ,unit$ ,/ates dur+ t cal5d> ye>1 su* imports f ,nepal may be increas$ by an am\nt t is equal to n m ?an #a_/c ( #a p]c5t ( ! aggregate squ>e met] equival5ts ( all textile & app>el articles import$ into ! cu/oms t]ritory ( ! ,unit$ ,/ates dur+ t cal5d> ye> = ! succe$+ cal5d> ye>4 7iii7 ,aggregate c\ntry limit ,9 no case may ! aggregate quantity ( textile & app>el articles describ$ 9 subp>agraph 7,a7 import$ into ! cu/oms t]ritory ( ! ,unit$ ,/ates f ,nepal dur+ a cal5d> ye> "u ?is subsection exce$ ! applicable p]c5tage set =? 9 p>agraph 7#d77;,b7 = t cal5d> ye>4 7#c7 ,h&loom$1 h&made1 folklore articles & e?nic pr9t$ fabrics 7,a7 ,9 g5]al ,a textile or app>el article is describ$ 9 ?is p>agraph if ! textile or app>el article is-- 7i7 import$ directly f ,nepal into ! cu/oms t]ritory ( ! ,unit$ ,/ates2 7ii7 on a li/ ( textile & app>el articles det]m9$ by ! ,presid5t1 aft] consultation ) ! ,gov]nm5t ( ,nepal1 to be h&loom$1 h&made1 folklore articles or e?nic pr9t$ fabrics ( ,nepal2 & 7iii7 c]tifi$ z a h&loom$1 h&made1 folklore article or an e?nic pr9t$ fabric ( ,nepal by ! compet5t au?ority ( ,nepal4 7,b7 ,e?nic pr9t$ fabric ,= purposes ( subp>agraph 7,a71 an e?nic pr9t$ fabric ( ,nepal is-- 7i7 fabric conta9+ a selv$ge on bo? edges1 hav+ a wid? ( less ?an #ej in*es1 & classifiable "u subhead+ #ebjh4eb4cj or #ebjh4eb4dj ( ! ,h>moniz$ ,t>iff ,s*$ule ( ! ,unit$ ,/ates2 7ii7 fabric ( a type t conta9s designs1 symbols1 & o!r *>act]i/ics ( ,nepal-- 7,i7 normally produc$ = & sold 9 indig5\s m>kets 9 ,nepal2 & 7,,ii7 normally sold 9 ,nepal by ! piece z oppos$ to be+ tailor$ into g>m5ts be=e be+ sold 9 indig5\s m>kets 9 ,nepal2 7iii7 pr9t$1 includ+ wax$1 9 ,nepal2 & 7iv7 fabric =m$ 9 ! ,unit$ ,/ates f y>ns =m$ 9 ! ,unit$ ,/ates or f fabric =m$ 9 ,nepal f y>ns orig9at+ 9 ei!r ! ,unit$ ,/ates or ,nepal4 7#d7 ,limitations on b5efits 7,a7 ,9 g5]al ,pref]5tial treatm5t "u ?is subsection %all be ext5d$ 9 ! #a-ye> p]iod beg9n+ ,janu>y #a1 #bjad1 & 9 ea* ( ! succe$+ #aj #a-ye> p]iods1 to imports ( textile & app>el articles f ,nepal "u ?is subsection 9 an am\nt n to exce$ ! applicable p]c5tage ( ! aggregate squ>e met] equival5ts ( all textile & app>el articles import$ into ! cu/oms t]ritory ( ! ,unit$ ,/ates 9 ! mo/ rec5t #ab-mon? p]iod = :i* data are available4 7,b7 ,applicable p]c5tage ,= purposes ( ?is p>agraph1 ! t]m applicable p]c5tage means #a4e p]c5t = ! #a-ye> p]iod beg9n+ ,janu>y #a1 #bjad1 increas$ 9 ea* ( ! #aj succe$+ #a-ye> p]iods by equal increm5ts1 s t = ! p]iod beg9n+ ,janu>y #a1 #bjbc1 ! applicable p]c5tage does n exce$ #c4e p]c5t4 7#e7 ,surge me*anism ,! provisions ( subp>agraph 7,b7 ( section #aab7;b77#c7 ( ! ,african ,gr[? & ,opportunity ,act 7#ai ,u4,s4,c4 #cgba7;b77#c77 %all apply to textile & app>el articles import$ f ,nepal to :i* pref]5tial treatm5t is ext5d$ "u ?is subsection to ! same ext5t & 9 ! same mann] t su* provisions apply to textile & app>el articles describ$ 9 su* section #aab7;b77#c7 import$ f a b5efici>y sub-,sah>an ,african c\ntry4 7#f7 ,special eligibility rules2 protections aga9/ trans%ipm5t ,! provisions ( subsection 7e7 ( section #aab & section #aac ( ! ,african ,gr[? & ,opportunity ,act 7#ai ,u4,s4,c4 #cgba & #cgbb7 %all apply to textile & app>el articles import$ f ,nepal to :i* pref]5tial treatm5t is ext5d$ "u ?is subsection to ! same ext5t & 9 ! same mann] t su* provisions apply to textile & app>el articles import$ f b5efici>y sub-,sah>an c\ntries to :i* pref]5tial treatm5t is ext5d$ "u su* section #aab4 #d4 ,report+ requirem5t ,! ,presid5t %all monitor1 review1 & report to ,congress1 n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]1 on ! implem5tation ( ?is ,act & on ! trade & inve/m5t policy ( ! ,unit$ ,/ates ) respect to ,nepal4 #e4 ,t]m9ation ( pref]5tial treatm5t ,no pref]5tial treatm5t ext5d$ "u ?is ,act %all rema9 9 effect aft] ,decemb] #ca1 #bjbc4 #f4 ,effective date ,! provisions ( ?is ,act %all take effect on ,janu>y #a1 #bjad4