A bill to amend the Trade Act of 1974 to clarify the application of the Generalized System of Preferences to certain countries.

Prohibits, under the Trade Act of 1974, a Presidential grant of duty-free status for specified articles of beneficiary developing countries if such country is a member of the Organization of Petroleum Exporting Countries (OPEC) and cooperates with OPEC in withholding and raising prices on supplies of vital commodities; or if such country is a member of any other arrangement of foreign countries taking such actions.