Telecommunications Trade Act of 1986
Telecommunications Trade Act of 1985 - Directs the Secretary of Commerce to initiate an investigation to identify those countries denying the United States equivalent access to a potentially substantial telecommunications market. Provides for public notice of, and participation in, the decision to initiate an investigation, including a petition process whereby persons may request the Secretary to make a finding regarding certain countries. Requires the Secretary to decide, within 45 days of receiving a petition, whether to initiate an investigation on the basis of the petition.
Directs the Secretary, within 60 days of the initiation of an investigation, to: (1) make and explain the preliminary finding; (2) if affirmative, preliminarily recommend enforcement actions; and (3) invite interested parties to comment. Directs the Secretary, within 120 days of the decision to initiate an investigation, to give the President and the public notice of the final finding and, if the final finding is affirmative, the final recommendations.
Specifies the factors the Secretary must assess in deciding whether a country is denying equivalent telecommunications market access.
Requires the President, within 60 days of a final affirmative finding, to determine appropriate enforcement actions and direct the Federal Communications Commission (FCC) to implement them, unless the President takes one or more specified actions under the Trade Act of 1974. Directs the President to inform the Congress and give public notice of the enforcement actions he or she deems appropriate, including the reasons for any actions differing from those recommended by the Secretary.
Directs the Secretary to determine annually whether the action taken effectuates the purposes of this Act and report to the President and the Congress. Authorizes the President to modify, suspend, or augment the enforcement actions. Directs the President to notify the Congress and the public of the results of the Secretary's review and explain steps taken regarding enforcement actions.
Directs the Secretary to review annually the potential market for U.S. telecommunications in countries formerly excluded from investigation by their lack of a potentially substantial market.
Amends the Communications Act of 1934 to authorize and direct the FCC to implement any enforcement actions which the President determines to be appropriate under this Act.
See H.R.4800.