Bill Clinton

“ Section 202 (d) (2) of the CFTA Act authorizes the President, subject to the consultation and lay-over requirements of section 103 of the CFTA Act, to proclaim such modifications to the rules as may from time to time be agreed to by the United States and Canada. Accordingly, in accordance with an agreement between the United States and Canada, I have decided to extend the application of the quantitative limits provided in paragraph 18 through the close of December 31, 1993, unless the United States and Canada reach an earlier resolution regarding quantitative limits for these goods. ”

“ Pursuant to section 202 (d) (1) of the United States-Canada Free-Trade Agreement Implementation Act of 1988, Public Law 100-449 ("CFTA Act") , the President is authorized to proclaim, as a part of the Harmonized System ("HS") , the rules of origin set forth in Annex 301.2 of the United States-Canada Free-Trade Agreement ("CFTA") . These annex rules of origin were incorporated in general note 3 (c) (vii) (R) to the Harmonized Tariff Schedule of the United States ("HTS") by Proclamation No. ”

“ Paragraph 18 further provides that the Parties agree to revisit, in consultation with representatives of the industries concerned, the quantitative element of the rule for such goods 2 years after the CFTA's entry into force, in order to arrive at a mutually satisfactory resolution, taking into account the availability of yarns in both countries. ”