Bill Clinton

“ Pursuant to my authority under subsection 405 (b) (1) of the Trade Act of 1974 (19 U.S.C. 2435 (b) (1) ) , I reconfirm that a satisfactory balance of concessions in trade and services has been maintained during the life of the Agreement and that actual or foreseeable reductions in U.S. tariffs and nontariff barriers to trade resulting from multilateral negotiations are, and continuously have been, satisfactorily reciprocated by Bulgaria. ”