Title 19 — Customs Duties
Part 1 · Chapter 12 — Trade Act of 1974
§ 2118. Access to supplies
Statutory text
Fair and equitable access
A principal United States negotiating objective under section 2112 of this title shall be to enter into trade agreements with foreign countries and instrumentalities to assure the United States of fair and equitable access at reasonable prices to supplies of articles of commerce which are important to the economic requirements of the United States and for which the United States does not have, or cannot easily develop, the necessary domestic productive capacity to supply its own requirements.
Continued availability; reciprocal concessions; comparable trade obligations
Any agreement entered into under section 2112 of this title may include provisions which—
assure to the United States the continued availability of important articles at reasonable prices, and
provide reciprocal concessions or comparable trade obligations, or both, by the United States.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Trade Act of 1974
Pub. L. 93–618 title I § 108 · 88 Stat. 1978
Enacted · 19 U.S.C. § 2118
(Pub. L. 93–618, title I, § 108, Jan. 3, 1975, 88 Stat. 1985.)
Source evidence
Code source credit
(Pub. L. 93–618, title I, § 108, Jan. 3, 1975, 88 Stat. 1985.)Enacted provision · exact public law section
SEC. 108. ACCESS TO SUPPLIES. (a) A principal United States negotiating objective under section 102 shall be to enter into trade agreements with foreign countries and instrumentalities to assure the United States of fair and equitable access at reasonable prices to supplies of articles of commerce which are important to the economic requirements of the United States and for which the United States does not have, or cannot easily develop, the necessary domestic productive capacity to supply its own requirements. (b) Any agreement entered into under section 102 may include provisions which— (1) assure to the United States the continued availability of important articles at reasonable prices, and (2) provide reciprocal concessions or comparable trade obligations, or both, by the United States.
1 of 1 references resolved to an enrolled provision