Laurel–Langley Agreement

The Laurel–Langley Agreement was a trade agreement signed in December 15, 1954: 43  between the United States and its former colony the Philippines. It was signed by Senator Jose P. Laurel and James Langley.: 43  The agreement took effect in 1955 after approval from both Philippine Congress and U.S. Congress.

Following approval in 1955 by the Philippine Congress, President [Dwight] Eisenhower submitted the Agreement to the U.S. Congress, which, on Aug. 1, 1955, enacted the Philippine Trade Agreement Revision Act of 1955, authorizing the President to enter into an executive agreement with the President of the Philippines to revise the Agreement of 1946 in accordance with the Agreement signed on Dec. 15, 1954, as corrected. (69 Stat. 413)

The new revised agreement was signed by Carlos P. Romulo and James Langley in September 6, 1955 at Washington.

It expired in 1974. It was an amendment to the Bell Trade Act, which had given full parity rights to American citizens and businesses.

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