Relating to the application of the Generalized System of Preferences to Russia, Belarus, Kazakhstan, and Ukraine.

Amends the Trade Act of 1974 to remove the Union of Soviet Socialist Republics from the list of countries ineligible for designation as a beneficiary developing country under the Generalized System of Preferences.

Prohibits the President from designating Belarus, Kazakhstan, or Ukraine as beneficiary countries unless they accede to the Treaty on the Non-Proliferation of Nuclear Weapons. Authorizes the President to waive specified conditions and designate such countries as beneficiary countries (if they accede to the Treaty) provided certain other conditions are met.