Section 1. Short title
This Act may be cited as the US-Kazakhstan Trade Modernization Act.
Section 2. Findings
Congress finds the following:
(1) Kazakhstan allows its citizens the right and opportunity to emigrate, free of any heavy tax on emigration or on the visas or other documents required for emigration and free of any tax, levy, fine, fee, or other charge on any citizens, as a consequence of the desire of those citizens to emigrate to the country of their choice.
(2) Kazakhstan has been found to be in full compliance with the freedom of emigration requirements under title IV of the Trade Act of 1974 (19 U.S.C. 2431 et seq.) since 1997.
(3) Kazakhstan has received normal trade relations treatment since 1992 and signed a bilateral investment treaty agreement with the United States that entered into force in 1994.
(4) On November 30, 2015, Kazakhstan officially acceded to the World Trade Organization.
(a) Presidential Determinations and Extension of Nondiscriminatory Treatment
Notwithstanding any provision of title IV of the Trade Act of 1974 (19 U.S.C. 2431 et seq.), the President may—
(1) determine that such title should no longer apply to Kazakhstan; and
(2) after making a determination under paragraph (1) with respect to Kazakhstan, proclaim the extension of nondiscriminatory treatment (normal trade relations treatment) to the products of Kazakhstan.
(b) Termination of Applicability of Title IV
On and after the date on which the President extends nondiscriminatory treatment to the products of Kazakhstan pursuant to subsection (a), title IV of the Trade Act of 1974 (19 U.S.C. 2431 et seq.) shall cease to apply to Kazakhstan.