The omnibustrade 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.
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 omnibustrade bill.
In Presidential Proclamation 8771 of December 29, 2011, pursuant to the authority provided in section 1206(a) of the OmnibusTrade 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").