A bill to amend section 231 of the Trade Expansion Act of 1962, to permit the extension of trade agreement concessions on a reciprocal basis to products of the Union of Soviet Socialist Republics, Rumania, Hungary, Bulgaria, and Czechoslovakia.

Permits the President to extend trade agreement concessions on a reciprocal basis to products of the Union of Soviet Socialist Republics, Rumania, Hungary, Bulgaria, and Czechoslovakia. Provides that each determination shall be transmitted to the Congress and then be made public immediately following such transmittal. (Amends 19 U.S.C. 1861)