Trade preferences for Nepal

Congress makes the following findings: The President may authorize the provision of preferential treatment under this section to articles that are imported directly from Nepal into the customs territory of the United States pursuant to subsection (c) if the President determines— The provisions of subsections (d) and (e) of section 502 of the Trade Act of 1974 (19 U.S.C. 2462) shall apply with respect to Nepal to the same extent and in the same manner as such provisions apply with respect to beneficiary developing countries under title V of that Act (19 U.S.C. 2461 et seq.). An article described in paragraph (2) may enter the customs territory of the United States free of duty. An article is described in this paragraph if— 4202.11.00 4202.22.60 4202.92.08 4202.12.20 4202.22.70 4202.92.15 4202.12.40 4202.22.80 4202.92.20 4202.12.60 4202.29.50 4202.92.30 4202.12.80 4202.29.90 4202.92.45 4202.21.60 4202.31.60 4202.92.60 4202.21.90 4202.32.40 4202.92.90 4202.22.15 4202.32.80 4202.99.90 4202.22.40 4202.32.95 4203.29.50 4202.22.45 4202.91.00 5701.10.90 5702.91.30 5703.10.80 5702.31.20 5702.91.40 5703.90.00 5702.49.20 5702.92.90 5705.00.20 5702.50.40 5702.99.15 5702.50.59 5703.10.20 6117.10.60 6214.20.00 6217.10.85 6117.80.85 6214.40.00 6301.90.00 6214.10.10 6214.90.00 6308.00.00 6214.10.20 6216.00.80 6504.00.90 6505.00.30 6505.00.90 6505.00.08 6505.00.40 6506.99.30 6505.00.15 6505.00.50 6506.99.60 6505.00.20 6505.00.60 6505.00.25 6505.00.80 An article shall not be treated as the growth, product, or manufacture of Nepal for purposes of subparagraph (A)(i)(I) by virtue of having merely undergone— For purposes of subparagraph (A)(v), the cost or value of materials produced in, and the direct costs of processing operations performed in, the customs territory of the United States and attributed to the 35-percent requirement under that subparagraph may not exceed 15 percent of the appraised value of the article at the time it is entered. Not later than January 1, April 1, July 1, and October 1 of each calendar year, the Commissioner shall verify that textile and apparel articles imported from Nepal to which preferential treatment is extended under this section are not being unlawfully transshipped into the United States. If the Commissioner determines under subparagraph (A) that textile and apparel articles imported from Nepal to which preferential treatment is extended under this section are being unlawfully transshipped into the United States, the Commissioner shall report that determination to the President. Congress makes the following findings: Not later than 180 days after February 24, 2016, the President shall, in consultation with the Government of Nepal, establish a trade facilitation and capacity building program for Nepal— Not later than one year after February 24, 2016, and annually thereafter, the President shall monitor, review, and report to Congress on the implementation of this section, the compliance of Nepal with subsection (b)(1), and the trade and investment policy of the United States with respect to Nepal. No preferential treatment extended under this section shall remain in effect after December 31, 2025. The provisions of this section shall take effect on the date that is 30 days after February 24, 2016.