,,ii #aac? ,,congress #a/ ,session ,s4 #dcb ,,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 ext5d c]ta9 trade pref]5ces to c]ta9 lea/-develop$ c\ntries 9 ,asia & ! ,s\? ,pacific1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,asia-,s\? ,pacific ,trade ,pref]5ces ,act4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,x is 9 ! mutual int]e/ ( ! ,unit$ ,/ates & lea/-develop$ c\ntries to promote /able & su/a9able economic gr[? & developm5t4 7#b7 ,trade & inve/m5t are p[]ful economic tools & c be us$ to r$uce pov]ty & raise ! /&>d ( liv+ 9 a c\ntry4 7#c7 ,a c\ntry t is op5 to trade may increase its economic gr[?4 7#d7 ,trade & inve/m5t (t5 lead to employm5t opportunities & (t5 help alleviate pov]ty4 7#e7 ,lea/-develop$ c\ntries h a p>ticul> *all5ge 9 meet+ ! economic requirem5ts ( & competitiv5ess necess>y = globalization & int]national m>kets4 7#f7 ,! ,unit$ ,/ates has recogniz$ ! b5efits t int]national trade provides to lea/-develop$ c\ntries by enact+ ! ,g5]aliz$ ,sy/em ( ,pref]5ces "u title ,v ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfa et seq47 & trade b5efits = develop+ c\ntries 9 ! ,c>ibbean1 ,&ean1 & sub-,sah>an ,african regions ( ! _w4 7#g7 ,enhanc$ trade ) lea/-develop$ ,muslim c\ntries1 includ+ ,afghani/an & ,banglade%1 is consi/5t ) o!r ,unit$ ,/ates objectives ( enc\rag+ a /rong private sector & individual economic emp[]m5t 9 ^? c\ntries4 7#h7 ,(f]+ lea/-develop$ c\ntries enhanc$ trade pref]5ces w enc\rage bo? high] levels ( trade & direct inve/m5t 9 support ( positive economic & political developm5ts ?r\gh\t ! _w4 7#i7 ,enc\rag+ ! reciprocal r$uction ( trade & inve/m5t b>ri]s w enhance ! b5efits ( trade & inve/m5t z well z enhance comm]cial & political ties betwe5 ! ,unit$ ,/ates & ! c\ntries designat$ = b5efits "u ?is ,act4 7#aj7 ,economic opportunity & engagem5t 9 ! global trad+ sy/em toge!r ) support = democratic in/itutions & a respect = human rights are mutually re9=c+ objectives & key elem5ts ( a policy to confront & defeat global t]rorism4 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,asia or ,s\? ,pacific c\ntry ,! t]m ,asia or ,s\? ,pacific c\ntry means-- 7,a7 ,afghani/an2 7,b7 ,banglade%2 7,c7 ,bhutan2 7,d7 ,cambodia2 7,e7 ,kiribati2 7,f7 ,lao ,p's ,democratic ,republic2 7,g7 ,maldives2 7,h7 ,nepal2 7,i7 ,samoa2 7,j7 ,solomon ,isl&s2 7,k7 ,timor-,le/e 7,ea/ ,timor72 7,l7 ,tuvalu2 7,m7 ,vanuatu2 or 7,n7 a successor political entity ( a c\ntry specifi$ 9 subp>agraphs 7,a7 ?r\gh 7,m74 7#b7 ,b5efici>y ,asia or ,s\? ,pacific c\ntry ,! t]m b5efici>y ,asia or ,s\? ,pacific c\ntry means an ,asia or ,s\? ,pacific c\ntry t ! ,presid5t has designat$ z eligible = pref]5tial treatm5t "u ?is ,act4 7#c7 ,=m] b5efici>y ,asia or ,s\? ,pacific c\ntry ,! t]m =m] b5efici>y ,asia or ,s\? ,pacific c\ntry means a c\ntry t1 aft] be+ designat$ z a b5efici>y ,asia or ,s\? ,pacific c\ntry "u ?is ,act1 ceas$ to be designat$ z su* a c\ntry by reason ( its ent]+ into a free trade agreem5t ) ! ,unit$ ,/ates4 #d4 ,au?ority to designate 7a7 ,9 g5]al ,! ,presid5t is au?oriz$ to designate an ,asia or ,s\? ,pacific c\ntry z a b5efici>y ,asia or ,s\? ,pacific c\ntry eligible = pref]5tial treatm5t "u ?is ,act if ! ,presid5t det]m9es-- 7#a7 t ! c\ntry 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 ! c\ntry meets ! eligibility requirem5ts ( su* section #ejb4 7b7 ,)drawal1 susp5sion1 or limitation ( pref]5tial treatm5t2 m&atory graduation ( c\ntries ,! provisions ( subsections 7d7 & 7e7 ( section #ejb ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfb7 %all apply ) respect to b5efici>y ,asia or ,s\? ,pacific c\ntries 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 #e4 ,eligible articles 7a7 ,c]ta9 manufactur$ or o!r articles 7#a7 ,duty-free treatm5t ,an article describ$ 9 p>agraph 7#b7 may ent] ! cu/oms t]ritory ( ! ,unit$ ,/ates free ( duty4 7#b7 ,articles describ$ ,an article is describ$ 9 ?is p>agraph if-- 7,a7 ! article is ! gr[?1 product1 or manufacture ( a b5efici>y ,asia or ,s\? ,pacific c\ntry2 7,b7 ! article is import$ directly f t c\ntry into ! cu/oms t]ritory ( ! ,unit$ ,/ates2 7,c7 ! article is describ$ 9 subp>agraphs 7,b7 ?r\gh 7,g7 ( section #ejc7;b77#a7 ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfc7;b77#a772 7,d7 ! ,presid5t det]m9es1 aft] receiv+ ! advice ( ! ,int]national ,trade ,commission 9 accordance ) section #ejc7;e7 ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #bdfc7;e771 t ! article is n import-s5sitive 9 ! context ( imports f b5efici>y ,asia or ,s\? ,pacific c\ntries2 & 7,e7 ! article meets ! requirem5ts ( p>agraph 7#c74 7#c7 ,rules ( orig9 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 an article import$ f a b5efici>y ,asia or ,s\? ,pacific c\ntry meets ! requirem5ts ( ?is p>agraph if n less ?an #ce p]c5t ( ! apprais$ value ( ! article at ! "t x is ent]$ is attributable to-- 7i7 ! co/ or value ( ! mat]ials produc$ 9 "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries1 "o or m =m] b5efici>y ,asia or ,s\? ,pacific c\ntries1 ! cu/oms t]ritory ( ! ,unit$ ,/ates1 or any comb9ation !re(2 & 7ii7 ! direct co/s ( process+ op]ations p]=m$ 9 "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries1 "o or m =m] b5efici>y ,asia or ,s\? ,pacific c\ntries1 or any comb9ation !re(4 7,b7 ,limitation on ,unit$ ,/ates co/ or value ( mat]ials ,= purposes ( subp>agraph 7,a71 ! 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]$4 7#d7 ,exclusions ,an article %all n be treat$ z ! gr[?1 product1 or manufacture ( a b5efici>y ,asia or ,s\? ,pacific c\ntry = purposes ( p>agraph 7#b77;,a7 by virtue ( hav+ m]ely und]gone-- 7,a7 simple comb9+ or packag+ op]ations2 or 7,b7 m]e dilution ) wat] or m]e dilution ) ano!r sub/ance t does n mat]ially alt] ! *>act]i/ics ( ! article4 7b7 ,textile & app>el articles 7#a7 ,duty-free treatm5t ,a textile or app>el article may ent] ! cu/oms t]ritory ( ! ,unit$ ,/ates free ( duty if ! article-- 7,a7 is import$ directly into ! cu/oms t]ritory ( ! ,unit$ ,/ates f a b5efici>y ,asia or ,s\? ,pacific c\ntry2 & 7,b7 is describ$ 9-- 7i7 p>agraph 7#a71 7#b71 7#d71 7#e71 or 7#g7 ( section #aab7;b7 ( ! ,african ,gr[? & ,opportunity ,act 7#ai ,u4,s4,c4 #cgba7;b771 z appli$ & adm9i/]$ pursuant to p>agraph 7#b72 or 7ii7 p>agraph 7#c7 or 7#d74 7#b7 ,application & adm9i/ration ( section #aab ( ! ,african ,gr[? & ,opportunity ,act ,section #aab ( ! ,african ,gr[? & ,opportunity ,act 7#ai ,u4,s4,c4 #cgba7 %all be appli$ & adm9i/]$ = purposes ( ?is subsection-- 7,a7 9 subsection 7a71 by sub/itut+ a b5efici>y ,asia or ,s\? ,pacific c\ntry 7z def9$ 9 section #c ( ! ,asia-,s\? ,pacific ,trade ,pref]5ces ,act7 = a b5efici>y sub-,sah>an ,african c\ntry describ$ 9 section #ejf;,a7c7 ( ! ,trade ,act ( #aigd2 & 7,b7 9 p>agraphs 7#a71 7#b71 7#d71 7#e71 & 7#g7 ( subsection 7b71 by sub/itut+ b5efici>y ,asia or ,s\? ,pacific c\ntry & b5efici>y ,asia or ,s\? ,pacific c\ntries = b5efici>y sub-,sah>an ,african c\ntry & b5efici>y sub-,sah>an ,african c\ntries1 respectively1 ea* place su* t]ms appe> 9 ! text & ! p>agraph head+s4 7#c7 ,textile & app>el articles assembl$ f regional & o!r fabric 7,a7 ,9 g5]al ,a textile or app>el article describ$ 9 ?is p>agraph is a textile or app>el article :olly assembl$ 9 "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries or =m] b5efici>y ,asia or ,s\? ,pacific c\ntries1 or bo?1 f-- 7i7 fabric :olly =m$ 9 "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries or =m] b5efici>y ,asia or ,s\? ,pacific c\ntries1 or bo?1 f y>n orig9at+ ei!r 9 ! cu/oms t]ritory ( ! ,unit$ ,/ates or "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries or =m] b5efici>y ,asia or ,s\? ,pacific c\ntries1 or bo?2 or 7ii7 f fabric n =m$ f y>n1 if su* fabric is classifiable "u head+ #efjb or #efjc ( ! ,h>moniz$ ,t>iff ,s*$ule ( ! ,unit$ ,/ates & :olly =m$ & cut 9 ! cu/oms t]ritory ( ! ,unit$ ,/ates1 9 "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries or =m] b5efici>y ,asia or ,s\? ,pacific c\ntries1 or any comb9ation !re(4 7,b7 ,exception ,textile & app>el articles describ$ 9 ?is p>agraph d n include textile & app>el articles t are made exclusively f any ( ! fabrics1 fabric compon5ts =m$1 or compon5ts knit-to-%ape describ$ 9 p>agraph 7#a7 or 7#b7 ( section #aab7;b7 ( ! ,african ,gr[? & ,opportunity ,act 7#ai ,u4,s4,c4 #cgba7;b771 z appli$ & adm9i/]$ pursuant to p>agraph 7#b74 7#d7 ,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 a textile or app>el article ( a b5efici>y ,asia or ,s\? ,pacific c\ntry or c\ntries2 7ii7 c]tifi$ z h&loom$1 h&made1 folklore articles or e?nic pr9t$ fabric by ! compet5t au?ority ( su* b5efici>y c\ntry or c\ntries2 & 7iii7 on a li/ ( textile or app>el articles det]m9$ by ! ,presid5t1 aft] consultation ) ! gov]nm5t ( ! b5efici>y ,asia or ,s\? ,pacific c\ntry or c\ntries conc]n$1 to be treat$ z be+ h&loom$1 h&made1 or folklore articles or e?nic pr9t$ fabrics ( su* b5efici>y ,asia or ,s\? ,pacific c\ntry or c\ntries4 7,b7 ,additional requirem5ts = e?nic pr9t$ fabric ,= purposes ( subp>agraph 7,a71 an e?nic pr9t$ fabric ( a b5efici>y ,asia or ,s\? ,pacific c\ntry or c\ntries 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 ( ,asian or ,s\? ,pacific pr9ts-- 7,i7 normally produc$ = & sold 9 indig5\s ,asian or ,s\? ,pacific m>kets2 & 7,,ii7 normally sold 9 ,asia or ,s\? ,pacific c\ntries by ! piece z oppos$ to be+ tailor$ into g>m5ts be=e be+ sold 9 indig5\s ,asian or ,s\? ,pacific m>kets2 7iii7 fabric pr9t$1 includ+ wax$1 9 "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries2 & 7iv7 fabric =m$ 9 ! cu/oms t]ritory ( ! ,unit$ ,/ates1 f y>n =m$ 9 ! cu/oms t]ritory ( ! ,unit$ ,/ates1 or f fabric =m$ 9 "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries f y>n orig9at+ 9 ei!r ! cu/oms t]ritory ( ! ,unit$ ,/ates or "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries4 7#e7 ,special rule 7,a7 ,9 g5]al ,pref]5tial treatm5t "u ?is subsection %all be ext5d$ ?r\gh ,decemb] #ca1 #bjai1 = textile & app>el articles t are :olly assembl$ 9 "o or m b5efici>y ,asia or ,s\? ,pacific c\ntries or =m] b5efici>y ,asia or ,s\? ,pacific c\ntries1 or bo?1 reg>dless ( ! c\ntry ( orig9 ( ! y>n or fabric us$ to make su* articles4 7,b7 ,c\ntry limitations 7i7 ,small suppli]s ,if1 dur+ a cal5d> ye>1 imports ( textile & app>el articles describ$ 9 subp>agraph 7,a7 f a b5efici>y ,asia or ,s\? ,pacific c\ntry 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 t c\ntry 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$+ cal5d> ye>4 7ii7 ,o!r suppli]s ,if1 dur+ a cal5d> ye>1 imports ( textile & app>el articles describ$ 9 subp>agraph 7,a7 f a b5efici>y ,asia or ,s\? ,pacific c\ntry are n 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 t c\ntry 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 dur+ a cal5d> ye> "u ?is subsection exce$ ! applicable p]c5tage set =? 9 p>agraph 7#h77;,b7 = t cal5d> ye>4 7#f7 ,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 a b5efici>y ,asia or ,s\? ,pacific c\ntry 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#g7 ,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 a b5efici>y ,asia or ,s\? ,pacific c\ntry 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 7#h7 ,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* ( ! #aj succe$+ #a-ye> p]iods1 to imports ( textile & app>el articles describ$ 9 ?is subsection 9 an am\nt n to exce$ ! applicable p]c5tage1 z def9$ 9 subp>agraph 7,b71 ( ! 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 #aa p]c5t = ! #a-ye> p]iod beg9n+ ,janu>y #a1 #bjad1 increas$ 9 ea* ( ! #aj succe$+ #a-ye> p]iods by equal increm5ts1 s t = ! p]iod beg9n+ ,janu>y #a1 #bjbd1 ! applicable p]c5tage does n exce$ #ad p]c5t4 7c7 ,te*nical am5dm5t ,section #fjjb7;a77#b77;,b7 ( ! ,africa ,inve/m5t ,inc5tive ,act ( #bjjf 7,public ,law #aji-dcb2 #abj ,/at4 #caij7 is am5d$ by ins]t+ 9 p>agraph 7#c71 be=e by /rik+4 #f4 ,report+ requirem5t ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]1 ! ,presid5t %all report to ,congress on ! implem5tation ( ?is ,act & on ! trade & inve/m5t policy ( ! ,unit$ ,/ates ) respect to ! ,asia or ,s\? ,pacific c\ntries4 #g4 ,t]m9ation ( pref]5tial treatm5t ,no pref]5tial treatm5t ext5d$ to a b5efici>y ,asia or ,s\? ,pacific c\ntry "u ?is ,act %all rema9 9 effect aft] ,decemb] #ca1 #bjbd4 #h4 ,effective date ,! provisions ( ?is ,act %all take effect on ,janu>y #a1 #bjad4