                        TITLE 19--CUSTOMS DUTIES
 
                      CHAPTER 12--TRADE ACT OF 1974
 
              SUBCHAPTER I--NEGOTIATING AND OTHER AUTHORITY
 
             Part 1--Rates of Duty and Other Trade Barriers
 
Sec. 2117. International safeguard procedures


(a) Harmonization, reduction, or elimination of barriers and distortions 
        affecting international trade; use of temporary measures

    A principal United States negotiating objective under section 2112 
of this title shall be to obtain internationally agreed upon rules and 
procedures, in the context of the harmonization, reduction, or 
elimination of barriers to, and other distortions of, international 
trade, which permit the use of temporary measures to ease adjustment to 
changes occurring in competitive conditions in the domestic markets of 
the parties to an agreement resulting from such negotiations due to the 
expansion of international trade.

(b) Permissible provisions

    Any agreement entered into under section 2112 of this title may 
include provisions establishing procedures for--
        (1) notification of affected exporting countries,
        (2) international consultations,
        (3) international review of changes in trade flows,
        (4) making adjustments in trade flows as the result of such 
    changes, and
        (5) international mediation.

Such agreements may also include provisions which--
        (A) exclude, under specified conditions, the parties thereto 
    from compensation obligations and retaliation, and
        (B) permit domestic public procedures through which interested 
    parties have the right to participate.

(Pub. L. 93-618, title I, Sec. 107, Jan. 3, 1975, 88 Stat. 1985.)
