S.652 - Federal Government - A bill to extend certain trade preferences to certain least-developed countries, and for other purposes.

A bill to extend certain trade preferences to certain least-developed countries, and for other purposes. 2/15/2007--Introduced. Tariff Relief Assistance for Developing Economies Act of 2007 or TRADE Act of 2007 - Authorizes the President to designate Afghanistan, Bangladesh, Bhutan, Cambodia, Kiribati, Lao People's Democratic Republic, Maldives, Nepal, Samoa, Solomon Islands, Timor-Leste (East Timor), Tuvalu, Vanuatu, Yemen, and Sri Lanka or their successor political entities (TRADE Act of 2007 countries) as beneficiary TRADE Act of 2007 countries eligible to receive duty-free treatment for certain articles that are the growth, product, or manufacture of such countries, if after receiving the advice of the International Trade Commission (ITC) the President determines that such articles are not import-sensitive in the context of imports from such countries. Conditions such designation upon eligibility requirements of the African Growth and Opportunity Act (AGOA) and the Trade [...]

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