A bill to promote the foreign policy and best interests of the United States by authorizing the President to negotiate a commercial agreement including a provision for most-favored-nation status with Romania.
Romanian Trade and Friendship Act - Authorizes the President to make commercial agreements with Romania providing most-favored-nation treatment to the products of Romania whenever he determines that such agreements: (1) will promote the purposes of this Act; (2) are in the national interest; and (3) will result in benefits to the United States equivalent to those provided by the agreement to the other party.
Requires the President to submit to Congress an annual report on the commercial agreements program instituted under this Act. Requires such report to include information regarding negotiations, benefits obtained as a result of commercial agreements, the texts of any such agreements, and other information relating to the program.
Introduced in Senate
Referred to Senate Committee on Foreign Relations.
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