                        TITLE 19--CUSTOMS DUTIES
 
                  CHAPTER 21--NORTH AMERICAN FREE TRADE
 
                 SUBCHAPTER V--MISCELLANEOUS PROVISIONS
 
       Part A--Provisions Relating to Performance Under Agreement
 
Sec. 3463. Report on impact of NAFTA on motor vehicle exports to 
        Mexico
        

(a) Findings

    The Congress makes the following findings:
        (1) Trade in motor vehicles and motor vehicle parts is one of 
    the most restricted areas of trade between the United States and 
    Mexico.
        (2) The elimination of Mexico's restrictive barriers to trade in 
    motor vehicles and motor vehicle parts over a 10-year period under 
    the Agreement should increase substantially United States exports of 
    such products to Mexico.
        (3) The Department of Commerce estimates that the Agreement 
    provides the opportunity to increase United States exports of motor 
    vehicles and motor vehicle parts by $1,000,000,000 during the first 
    year of the Agreement's implementation with the potential for 
    additional increases over the 10-year transition period.
        (4) The United States automotive industry has estimated that 
    United States exports of motor vehicles to Mexico should increase to 
    more than 60,000 units during the first year of the Agreement's 
    implementation, which is substantially above the current level of 
    4,000 units.

(b) Trade Representative report

    No later than July 1, 1995, and annually thereafter through 1999, 
the Trade Representative shall submit a report to the Committee on 
Finance of the Senate and the Committee on Ways and Means of the House 
of Representatives on how effective the provisions of the Agreement are 
with respect to increasing United States exports of motor vehicles and 
motor vehicle parts to Mexico. Each report shall identify and determine 
the following:
        (1) The patterns of trade in motor vehicles and motor vehicle 
    parts between the United States and Mexico during the preceding 12-
    month period.
        (2) The level of tariff and nontariff barriers that were in 
    force during the preceding 12-month period.
        (3) The amount by which United States exports of motor vehicles 
    and motor vehicle parts to Mexico have increased from the preceding 
    12-month period as a result of the elimination of Mexican tariff and 
    nontariff barriers under the Agreement.
        (4) Whether any such increase in United States exports meets the 
    levels of new export opportunities anticipated under the Agreement.
        (5) If the anticipated levels of new United States export 
    opportunities are not reached, what actions the Trade Representative 
    is prepared to take to realize the benefits anticipated under the 
    Agreement, including possible initiation of additional negotiations 
    with Mexico for the purpose of seeking modifications of the 
    Agreement.

(Pub. L. 103-182, title V, Sec. 514, Dec. 8, 1993, 107 Stat. 2157.)
