WASHINGTON, July 18: A legislation has been moved in the United States Congress to give President Bill Clinton the authority to waive tra...
Written by Press Trust Of India
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WASHINGTON, July 18: A legislation has been moved in the United States Congress to give President Bill Clinton the authority to waive trade sanctions against India and Pakistan, imposed after their nuclear tests, and pave the way for financial institutions to resume loans to the two countries.
Introduced yesterday by Democratic Congressman Frank Pallone, it is similar to the amendment passed in the Senate on July 15 as Congressional rules state that for any legislation to be sent to the President, the provisions adopted in the two houses must be identical.
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