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To authorize negotiation for the accession of United Kingdom to the North American Free Trade Agreement, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `United Kingdom-NAFTA Accession Act'.
SEC 2. ACCESSION OF UNITED KINGDOM TO THE NORTH AMERICAN FREE TRADE AGREEMENT.
(a) IN GENERAL- Subject to section 3, the President is authorized to enter into an agreement described in subsection (b) and the provisions of section 151(c) of the Trade Act of 1974 (19 U.S.C. 2191(c)) shall apply with respect to a bill to implement such agreement if such agreement is entered into on or before December 31, 2003.
(b) AGREEMENT DESCRIBED- An agreement described in this subsection means an agreement that--
(1) provides for the accession of United Kingdom to the North American Free Trade Agreement; or
(2) is a bilateral agreement between the United States and United Kingdom that provides for the reduction and ultimate elimination of tariffs and other nontariff barriers to trade and the eventual establishment of a free trade area between the United States and United Kingdom.