Presidential Determination No. 91 - 8 -- Memorandum on the Liberalization of Trade and Investment With Nicaragua

Memorandum for the Secretary of State

Subject: Presidential Determination Waiving Worker Rights Criteria with Respect to Nicaragua Pursuant to Section 212(b) of the Caribbean Basin Economic Recovery Act

By virtue of the authority vested in me by the Caribbean Basin Economic Recovery Act, as amended (19 U.S.C. 2701 et seq.) (hereinafter "the Act"), I hereby determine, pursuant to section 212(b) of the Act (19 U.S.C. 2702(b)), that the designation of Nicaragua as a beneficiary country under the Act will be in the national security interest of the United States. Accordingly, I waive the application of paragraph (7) of section 212(b) of the Act.

You are authorized and directed to publish this determination in the Federal Register.

George Bush

[Filed with the Office of the Federal Register, 2:54 p.m., November 27, 1990]