(1) Proclamation authority The President may proclaim
(A) such modifications or continuation of any duty,
(B) such continuation of duty-free or excise treatment, or
(C) such additional duties,
as the President determines to be necessary or appropriate to carry out or apply articles 3.3, 3.5, 3.6, 3.21, 3.26, 3.27, and 3.28, and Annexes 3.3, 3.27, and 3.28 of the Agreement.
(2) Effect on GSP status Notwithstanding section 502(a)(1) of the Trade Act of 1974 (
19 U.S.C.
2462 (a)(1)), the President shall terminate the designation of each CAFTADR country as a beneficiary developing country for purposes of title V of the Trade Act of 1974 [
19 U.S.C.
2461 et seq.] on the date the Agreement enters into force with respect to that country.
(3) Effect on CBERA status
(A) In general Notwithstanding section 212(a) of the Caribbean Basin Economic Recovery Act (
19 U.S.C.
2702 (a)), the President shall terminate the designation of each CAFTADR country as a beneficiary country for purposes of that Act [
19 U.S.C.
2701 et seq.] on the date the Agreement enters into force with respect to that country.
(B) Exception Notwithstanding subparagraph (A), each such country shall be considered a beneficiary country under section 212(a) of the Caribbean Basin Economic Recovery Act [
19 U.S.C.
2702 (a)], for purposes of
(ii) the duty-free treatment provided under paragraph 12 of Appendix I of the General Notes to the Schedule of the United States to Annex 3.3 of the Agreement; and