text: Cuba subject to the suspension of UFN status and preferential treatnent asstipulated in secEion 5 of the l95L Trade Agreenents Extension Act (65 Stat, 73),which l,,as subseouentry replaced by section 23r (a) of the l9G2 Trade Expansion Act(19 U.s.C. 186l (a)) {76 stat. 875). Both AcLs provide for the suspension of anyconcessional tariff treaCment to countries controlled by international comnunism. 42. Although MFN status and preferential treatment nere suspended by tbelegilsation referred to aboee, the prohibition bas since been reinforced byadditional statutes, including general heading 3 (b) and (f) - together withfootnotes to tbe same - of the Unlted states Cuatons Tariff (U.S.C., title 19.sect. I20l), ehich resuires the suspension of MFN status and preferential treatmentfor Cuba, and section 4Ol of the 1974 Trade Act (U.S.C., title 19, sect. 243t),nhich continues to refuse non-d iscr iminatory treatnent to countries that did notenjoy it at lhe tine of pronulsation. 43. The proeisions of the 1974 Trade Act (p.L. 93 518) rrhich affect therestoration of MFN stacus to cuba and its inclusion in che generalized systen ofpreferences (GSP), are contained in Titles Iv and V and under sections 4OL, 402,403' 4O4, 405, 407,409 and 502, ehich establish political conditions in the caseof tbe socialj.st countries, such as! (a) If the Presiden! determines that the country in ouestion ls restrictingor irnposing excessive financial charges on free emlgration or on nationals nho r.rishto emigrate in order to be reunited ,"ith close familv nemb€rs residinq in theUnited SCates t (b) The country nust be a Contracting parEy of GATT and a namber of thefnternational l,tonetary fund (IMF), (c) The counery must not be controlled by international comrnunlsm, (d) If the country bas expropriatedof companies owned in which United Slates lnte rest,che property of United States citizens citizens have at least a 50 Der centor 44- Arthough united states subsidiaries locaced in thirat countries have Deenpermitted !o trade eith Cuba since August 1975, such trade has been subject toprocurement of an export licence from the Departnent of Connerce. According to amendment, lhe Department of Commerce, after considering eacb individual case,tte cbewillA/40/596 English Paqe 3l
analysis: The text appears to be discussing the trade relations between the United States and Cuba, specifically the suspension of Most-Favored-Nation (MFN) status and preferential treatment due to Cuba's communist government. The text mentions various laws and regulations related to trade, including the 1951 Trade Agreements Extension Act and the 1974 Trade Act. The focus is on the political and economic conditions that must be met for Cuba to regain its MFN status and be included in the Generalized System of Preferences (GSP).