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The omnibus trade act also extended duty-free access for farm (and now textile) exports from the Andean countries (except Venezuela), seen as alternatives to illegal drug production.
ECONOMIST: Trade in the Americas
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U.S. technology transfer policies vis-a-vis the PRC have been substantially liberalized in recent years both through executive action and in accordance with the requirements of the omnibus trade bill.
CENTERFORSECURITYPOLICY: Building Democracy In China: The US Role
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In Presidential Proclamation 8771 of December 29, 2011, pursuant to the authority provided in section 1206(a) of the Omnibus Trade and Competitiveness Act of 1988 (the "1988 Act") (19 U.S.C. 3006(a)), I modified the HTS to reflect amendments to the International Convention on the Harmonized Commodity Description and Coding System (the "Convention").
WHITEHOUSE: The White House