INTERNATIONAL TRADE COMMISSION
AGENCY: International Trade Commission.
[Investigation No. 332-248]
52 FR 29076
August 5, 1987
Implications of Foreign-Trade Zones (FTZ's) for U.S. Industries and for
Competitive Conditions Between U.S. and Foreign Firms (Supplement and
Expansion) ACTION: Institution of investigation.
SUMMARY: Following receipt on July 6, 1987, of a request from the Committee
on Ways and Means of the U.S. House of Representative. The Commission
instituted investigation No. 332-248 under section 332(g) of the Tariff Act
of 1930 (19 U.S.C. 1332(g), for the purpose of gathering and presenting
information on the implication of foreign-trade zones (including subzones)
(FTZ's) for U.S. industries and for competitive conditions between U.S. and
foreign firms. The Commission's investigation will examine all developments
concerning issues covered in the Commission's previous investigation, No.
332-165 (The Implications of Foreign-Trade Zones for U.S. Industries and
for Competitive Conditions between U.S. and Foreign Firms, USITC Pub. 1496,
February 1984), that have occurred since it was completed and will expand
it to cover certain additional information requested by the Committee,
primarily concerning subzones.
EFFECTIVE DATE: July 28, 1987.
FOR FURTHER INFORMATION CONTACT:Mr. Carl F. Seastrum, General
Manufactures Division, U.S. International Trade Commission, Washington, DC
20436 (telephone 202-724-1733).
TEXT: SUPPLEMENTARY INFORMATION: In addition to providing a supplement to
the previous report, the Commission was specifically asked to expand the
study to place focus on subzones so that the Committee can analyze them and
assess their implications for the U.S. economy and U.S. International
trade. In this connection, the report will have an account of trends since
the previous study in the usage of subzones; an account of the Foreign-Trade
Zones Board activities, focusing on subzones; an account of safeguards in
the system, including the effectiveness of customs procedures in detecting
such abuses as evasion of quotas, an circumvention of countervailing and
antidumping orders and country of origin provisions; an analysis, to the
extent possible, of the economic effects of subzone status on employment,
tariff revenue, state economic development, U.S. investment levels, and on
international trade; and a description of U.S. industry concerns (including
both user industries and affected industries, such as suppliers) about
subzones (the previous study invited comments on FTZ's in general and thus
such comments are solicited within the scope of the request for a
supplement), and an assessemnt of these recommendations for change.
The Committee requested that the Commission forward its support no later
than January 29, 1988.
Written Submissions: To accelerate delivery of this report to the
Committee for use in its hearings, the Committee asked the Commission to rely
on written submissions from the public rather than to hold separate
hearings. Thus interested persons are invited to submit written statements
concerning the investigation. Such submissions should be received by the
close of business on November 16, 1987. Commercial or financial information
which a submitter desires the Commission to treat as confidential must be
submitted on separate sheets of paper each clearly marked "Confidential
Business Information" at the top. All submissions requesting confidential
treatment must conform with the requirements of @ 201.6 of the Commission's
Rules of Practices and Procedure (19 CFR 201.6). All written submissions,
except for confidential business information, will be made available for
inspection by interested persons. All submission should be addressed to the
Secretary, United States International Trade Commission, 701 E Street NW.,
Washington, DC 20436.
Hearing impaires individuals are advised that information on this matter
can be obtained by contacting our TDD terminal on (202) 724-0002.
By order of the Commission.
Kenneth R. Mason,
Secretary.
Issued: July 30, 1987.
[FR Doc. 87-17787 Filed 8-4-87; 8:45 am]
BILLING CODE 7020-02-M