George H.W. Bush: “June 15, 1992 Dear Mr. Speaker: (Dear Mr. President:) In accordance with section 407 of the Trade Act of 1974 (Public…”

“June 15, 1992 Dear Mr. Speaker: (Dear Mr. President:) In accordance with section 407 of the Trade Act of 1974 (Public Law 93-618, January 3, 1975; 88 Stat. 1978), as amended (the ``Trade Act''), I am transmitting a copy of a proclamation that extends nondiscriminatory treatment to the products of Albania. I also enclose the text of the ``Agreement on Trade Relations Between the United States of America and the Republic of Albania,'' including exchanges of letters that form an integral part of the Agreement, which was signed on May 14, 1992, and which is included as an annex to the proclamation. The Agreement will provide a nondiscriminatory framework for our bilateral trade relations and thus strengthen both economic and political relations between the United States and Albania. Conclusion of this Agreement is an important step we can take to provide greater economic benefits to both countries. It will also give further impetus to the progress we have made in our overall diplomatic relations since last year and help to reinforce political and economic reform in Albania. In that context, the United States is encouraging Albania to continue to strive for a democratic, pluralistic society. I believe that the Agreement is consistent with both the letter and the spirit of the Trade Act. It provides for mutual extension of nondiscriminatory tariff treatment while seeking to ensure overall reciprocity of economic benefits.…”