A bill to amend the Export Trade Act, as amended, to provide for clarification of law, for prior Federal Trade Commission clearance of export trade associations, and for other purposes.

States that the export trade operations conducted by or through any association registered pursuant to this Act and the organization of such association (including without limitation, the acquisition or ownership by any corporation of the whole or any part of the stock or other capital of the association) each substantially in conformance with an effective registration statement filed by the association with the Federal Trade Commission in accordance with this Act (subject to any terms and conditions imposed by the Commission) shall not be subject of the provisions of the antitrust laws.

Describes information which must be given to the Commission in order to register under this Act.