Waiver Under the Trade Act of 1974 With Respect to Turkmenistan
Waiver Allows Turkmenistan Relief From Trade Act Restrictions
What it does
The order waives the application of subsections (a) and (b) of section 402 of the Trade Act of 1974 with respect to Turkmenistan.
Real-world impact
- Prevents subsections (a) and (b) of section 402 from applying to Turkmenistan.
- Affects U.S. trade officials who carry out the Trade Act.
- Indicates the President submitted the report to Congress required by the law.
Topics
Summary
This order waives the application of subsections (a) and (b) of section 402 of the Trade Act of 1974 for Turkmenistan. It states the President is acting under subsections 402(c)(2) and (d) of the law and has made the report to Congress required by 402(c)(2).
The change alters how that part of U.S. trade law applies to Turkmenistan and affects U.S. officials who enforce the Trade Act.
Questions, answered
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