Sec. 3. Briefing on plurilateral agreements with benefits applying only to signatories of those agreements
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/bill/117/s/3708/is/section-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 120 days after the date of the enactment of this Act, the United States Trade Representative shall provide to the Committee on Finance of the Senate and the Committee on Ways and Means of the House of Representatives a classified briefing on the feasibility and advisability of pursuing and adopting covered plurilateral trade agreements. The briefing required under subsection
(a)shall include a discussion of the opportunities, obstacles, feasibility, and advisability of negotiating and adopting covered plurilateral trade agreements. In this section: The term covered plurilateral trade agreement means a sector-specific agreement within the framework of the World Trade Organization involving foreign countries or foreign territories that form a subset of the members of the World Trade Organization that does not extend benefits on a most favored nation basis. The term most favored nation , with respect to requirements relating to a trade agreement, means requirements under the World Trade Organization for nondiscriminatory trade treatment among all parties to the agreement.