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19. September 2002 |
Congress Committee Approved Law On Trade With Yugoslavia
The authorized committee of the American Congress approved today the law that enables US to restore normal trade relations with FR Yugoslavia, for the first time in last 10 years.
The committee, acting within House of Representatives, brought that decision while adopting the broader law on commerce, at the initiative from president George Bush. The Congress broke normal trade relations with Yugoslavia in 1992, explaining that by violation of human rights in Yugoslavia.
The restoration of trade relations would make possible for Yugoslavia to sell goods in the US with the lowest customs fees. In order to become acting, the law must also win support of majority in the House of Representatives and Senate. Finally, it has to be signed by president Bush.
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