Sec. 6. Suspension and termination of prohibitions and penalties

300 words·~1 min read·/bill/116/hr/4084/ih/section-6

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Except for any provision of section 7, the President may suspend, on a case-by-case basis, the application of any provision of this subtitle, or provision in an amendment made by this subtitle, with respect to an entity, individual, or transaction, for a period of not more than 180 days at a time if the President certifies to Congress that— the Government of North Korea has— committed to the verifiable suspension of North Korea’s proliferation and testing of WMD, including systems designed in whole or in part for the delivery of such weapons; and has agreed to multilateral talks including the Government of the United States, with the goal of permanently and verifiably limiting North Korea’s WMD and ballistic missile programs; or such suspension is vital to the national security interests of the United States, with an explanation of the reasons therefor.

On the date that is 30 days after the date on which the President makes the certification described under paragraph (2)— subsection (a), section 3, and subsections

(a)and

(b)of section 5 shall cease to have any force or effect; section 73 of the Bretton Woods Agreements Act, as added by section 4(a), shall be repealed; and section 2(b)(14) of the Export-Import Bank Act of 1945, as added by section 4(b), shall be repealed. The certification described under this paragraph is a certification by the President to the Congress that— the Government of North Korea— has ceased to pose a significant threat to national security, with an explanation of the reasons therefor; or is committed to, and is taking effective steps to achieving, the goal of permanently and verifiably limiting North Korea’s WMD and ballistic missile programs; or such termination is vital to the national security interests of the United States, with an explanation of the reasons therefor.