NOTICES

                        DEPARTMENT OF COMMERCE

                               [C-301-003]

         Roses and Other Cut Flowers From Colombia; Preliminary Results of
                  Countervailing Duty Administrative Review

                         Tuesday, December 12, 1989

 AGENCY: International Trade Administration/Import Administration, Commerce.

 ACTION: Notice of preliminary results of countervailing duty administrative review.

 SUMMARY: The Department of Commerce has conducted an administrative review of the
 agreement suspending the countervailing duty investigation on roses and other cut
 flowers from Colombia. The review covers the periods January 1, 1986 through
 December 31, 1986 and January 1, 1987 through December 31, 1987 and ten programs.
 We preliminarily determine that Colombian cut flower exporters have complied with the
 terms of the suspension agreement. We invite interested parties to comment on these
 preliminary results.

 EFFECTIVE DATE: December 12, 1989.

 FOR FURTHER INFORMATION CONTACT:Stephanie Moore or Paul McGarr, Office of
 Countervailing Compliance, International Trade Administration, U.S. Department
 of Commerce, Washington, DC 20230; telephone (202) 377-2786.

 SUPPLEMENTARY INFORMATION:

 Background

 On December 28, 1987, the Department of Commerce ("the Department") published in the
 Federal Register (52 FR 48846) the final results of its last administrative review of the
 agreement suspending the countervailing duty investigation on roses and other cut
 flowers from Colombia (48 FR 2158; January 18, 1983). On January 30, 1987 and on
 January 28, 1988, three domestic interested parties, Roses Inc., the California Floral
 Trade Council, and the Floral Trade Council, requested administrative reviews of the
 suspension agreement. We initiated the reviews on February 23, 1987 (52 FR 5479) and
 on March 2, 1988 (53 FR 6681). The Department has now conducted these reviews in
 accordance with section 751 of the Tariff Act of 1930 ("the Tariff Act").

 Scope of Review

 The United States, under the auspices of the Customs Cooperation Council, has developed
 a system of tariff classification based on the international harmonized system of Customs
 nomenclature. On January 1, 1989, the United States fully converted to the Harmonized
 Tariff Schedule (HTS), as provided for in section 1201 et seq. of the Omnibus Trade and
 Competitiveness Act of 1988. All merchandise entered, or withdrawn from warehouse, for
 consumption on or after that date is now classified solely according to the appropriate
 HTS item number(s).
 Imports covered by these reviews are shipments of roses and other cut flowers from
 Colombia. During the periods of review, such merchandise was classifiable under items
 192.1810 through 192.2192 of the Tariff Schedules of the United States Annotated. This
 merchandise is currently classifiable under HTS items 0603.10.60, 0603.10.70,
 0603.10.80 and 0603.90.00. The HTS item numbers are provided for convenience and
 Customs purposes. The written description remains dispositive.
 The review covers the periods January 1, 1986 through December 31, 1986 and January
 1, 1987 through December 31, 1987 and ten programs.
 The producers and exporters listed in Appendix I, accounting for more than eighty-five
 (85) percent of the total exports of roses and other cut flowers (excluding miniature
 carnations) from Colombia to the United States, are signatories to the suspension
 agreement.

 Analysis of Programs

 (1) Tax Rebate Certificate

 On April 1, 1984, the Colombian government pursuant to Law 48/83, established the Tax
 Rebate Certificate ("CERT"), which replaced the Tax Reimbursement Certificate Program
 ("CAT"). According to the Colombian government, the CERT rebated all or part of the
 indirect taxes paid by exporters. CERT is freely negotiable on the stock market and can be
 used for paying a variety of taxes.
 The Government of Columbia provides payment to exporters of roses and other cut
 flowers in the form of CERT. Rebates are calculated as a percentage of the value of the
 exported product attributable to the domestic value-added content.
 As a term of the suspension agreement, the Colombia government terminated CERT
 payments on exports of cut flowers to the United States. We verified that there were no
 CERT payments on shipments of cut flowers to the United States and Puerto Rico during
 the period of review.

 (2) Air Freight Rates 

 The Civil Aeronautics Board (DAAC), an agency of the Colombia government,
 established in Resolution 5833 air freight rates for a variety of products, including cut
 flowers. Resolution 6333 of September 25, 1981, which updates Resolution 5833, set a
 minimum air freight rate of U.S.$0.45 per kilo and a maximum rate of U.S.$0.62 per kilo
 for flowers exported to the United States. The rates established under Resolution 6333
 were in effect during the periods of review.
 Section D(3) of the suspension agreement states that the Department may consider
 rescinding the agreement if the air freight rates paid by cut flower exporters approach
 government mandated maximum rates set by the DAAC. If we found such rates, we might
 consider them indicative of government control rather than the result of competitive
 forces. We found that rates ranged from U.S.$0.53 per kilo to U.S.$0.65 kilo, including a
 U.S. $0.05 charge for handling and cooling services. Handling and cooling charges are
 not regulated by DAAC. The rates negotiated between cut flower exporters and air freight
 companies were competitively priced. Therefore, we preliminarily determine that this
 program does not provide any benefits to the cut flower exporters.

 (3) Resolutions 59 and 22

 Resolution 59/72, provided working capital financing at preferential rates to firms that
 manufacture, store or sell products destined for export. This program was updated by
 Resolution 22/84. All industries were eligible, except producers of coffee, petroleum, and
 petroleum by-products. Resolution 22/84 loans are administered by the Export
 Promotion Fund ("PROEXPO"), an agency of the Colombian government. The loans are for
 180 days and the interest is paid quarterly, in advance. In December 1986, the maximum
 interest rate was 22.0 percent. Colombian cut flower exporters received working capital
 loans under Resolution 22/84 during 1986.
 Since we found this program to be countervailable in the agreement suspending the
 countervailing duty investigation on certain textile mill products and apparel from
 Colombia (50 FR 9863, March 12, 1985), we included it in the December 15, 1986
 revised suspension agreement. At that time, we established a short-term benchmark
 interest rate of 22.5 percent, which was the average rate of the Fondo Financiero
 Agropecuario (FFA) and the Agrarian Fund as of March 31, 1986. The revised suspension
 agreement required that the cut flower exporters not apply for, or receive, any
 short-term export financing provided by PROEXPO other than that offered at or above the
 short-term 

*51053

 benchmark interest rate of 22.5 percent. All loans with outstanding
 balances were to be repaid or refinanced by March 15, 1987, ninety days after notice of
 the revised suspension agreement was published in the Federal Register.
 Resolution 3/87, which is an update to Resolution 22/84, was passed by PROEXPO on
 February 26, 1987. Resolution 3/87 changed the short-term interest rate to 22.5 percent
 and required the interest rate on all outstanding loans that were taken out under
 Resolution 22/84 be refinanced at the interest rate benchmark. At the nine companies we
 verified, all PROEXPO short-term loans outstanding were refinanced in March 1987 at the
 interest rate benchmark, and the adjusted interest differential was paid.
 On December 21, 1987, PROEXPO passed Resolution 11/87, which covers pre- shipment
 working capital loans, and 14/87, which provides working capital financing to export
 companies for various products, including cut flowers. Resolution 11/87 established
 financing to flower exporters at the highest interest rate between 22.5 percent per year
 prepaid quarterly and the interest rate paid on certificates of deposit (DTF), payable at
 the end of each quarter. The certificates of deposit rate is a market-determined rate.
 Resolution 14/87 established financing to flower exporters by setting as the base rate the
 highest rate between 25 percent per year prepaid quarterly and the DTF rate. The actual
 rate charged varies depeding on the size of the company. The Colombian government has
 moved away from the fixed-rate PROEXPO financing to the DTF rate, which more
 accurately reflects interest rate fluctuations in the market. No loans were taken out under
 Resolution 11/87 or 14/87 during the review period. We preliminarily determine that the
 DTF interest rate is an appropriate market rate indicator for pre-shipment and
 post-shipment financing, and that cut flower exporters have complied with the terms of
 the suspension agreement.

 (4) Resolution 40

 Resolution 40/78 was approved under Decree 2366 of 1974. Decree 2366/74 provides
 exporters with fixed assets financing. During 1986, flower exporters received financing at
 preferential interest rates of 14 and 18 percent. The revised suspension agreement set a
 21 percent benchmark interest rate. On February 26, 1987, PROEXPO passed Resolution
 4/87, which changed the interest rate to 21 percent and required the flower exporters to
 refinance all outstanding loan balance at the new higher interest rate. We verified that all
 outstanding long-term loan balances were refinanced in March 1987 at the interest rate
 benchmark.
 Resolution 13/87, passed by PROEXPO on December 21, 1987, sets the base rate at the
 highest rate between 25 percent per year prepaid quarterly and the DTF rate. The actual
 rate changed varies depending on the size of the company. There were no loans approved
 for cut flower exporters under Resolution 13/87 during the periods of review.
 We preliminarily determine that the DTF is an appropriate market rate indicator for
 long-term loans and that cut flower exporters have complied with the term of the
 suspension agreement.

 (5) Duty and Tax Exemptions Under Plan Vallejo

 Plan Vallejo exempts exports from import duties on imported raw materials,
 intermediate products, and capital goods used to produce exported products. The
 exemption of customs duties and indirect taxes on imported imputs physically
 incorporated into exports is not countervailable. Exemptions on non-physically
 incorporated inputs, such as imported capital goods, are countervailable when the
 exemption is conditional upon exportation.
 On December 15, 1986, we revised the suspension agreement to include renunciation of
 duty and tax exemptions for imported capital equipment under Plan Vallejo. Because of
 an administrative oversight and lack of communication between two Colombian
 government agencies, ten contracts were approved during the first quarter of 1987. Six
 signatories to the suspension agreement imported capital goods under Plan Vallejo in
 1987.
 We verified that the firms that utilized the Plan Vallejo contracts subsequently paid the
 applicable duties and taxes on the capital goods imported. Therefore, we preliminarily
 determine that the signatories did not benefit from this program in 1987.

 (6) Resolution 10

 The flower exporters, on a voluntary basis, allowed the Banco de la Republica to withhold
 a certain percentage of their CAT/CERT rebates earned on non-U.S. exports. The Banco de
 la Republica also held all CAT/CERT rebates that would have been paid in exports of roses
 and other cut flowers to the United States from January 1983, the effective date of the
 suspension agreement, until November 1985, when the established rebate rate for flowers
 subject to suspension agreement was reduced to zero. PROEXPO issued Resolution 10,
 effective July 23, 1986, to use these funds for the diversification and development of
 flowers and vegetables for external markets; transport and control procedures to prevent
 drug and narcotic traffic in exports of flowers and vegetables; development of new
 markets; and payment of logal and technical services required in Colombia and abroad.
 The resolution requires that any funds expended under this program be disbursed in a
 manner consistent with the suspension agreement.
 During the periods of review, expenditures from this fund were used for legal fees,
 narcotics control and security, generic promotion and development of new non-U.S.
 markets. We found no evidence to indicate that these funds were provided to exporters of
 flowers to the United States, therefore, we preliminarily determine that exports of flowers
 to the United States did not receive a countervailable benefit from this program.

 (7) Other Programs

 We examined the following program and preliminarily determine that flower exporters
 did not use them during the periods of review:
 (A) Fund for Agricultural Financing ("FFA");
 (B) Fund for Industrial Financing ("FFI");
 (C) Capital Formation Fund ("FCE"); and
 (D) Fund for National Economic Development ("FONADE")

 Preliminary Results of Review

 As a result of our review, we preliminarily determine that the signatories have complied
 with the terms of the suspension agreement during the period January 1, 1986 through
 December 31, 1987.
 The agreement can remain in force only as long as shipments from the signatories account
 for at least 85 percent of imports of the subject merchandise into the United States. Our
 information indicates that the signatories accounted for over 90 percent of imports of
 this merchandise into the United Stated during the period of review.
 Interested parties may submit written comments on these preliminary results within 30
 days of the date of publication of this notice and may request disclosure and/or a hearing
 within 10 days of the date of publication. Any hearing, if requested, will be held 44 days
 from the date of publication or the first workday thereafter. Rebuttal briefs and rebuttals
 to written comments, 

*51054

 limited to issues in those comments, must be filed not later
 than 37 days after the date of publication. Any request for an administrative protective
 order must be made no later than five days after the date of publication. The Department
 will publish the final results of its analysis of issues raised in any such written comments
 or at a hearing.
 This administrative review and notice are in accordance with section 751(a)(1) of the
 Tariff Act (19 U.S.C. 1675(a)(1) and § 355.22 of the Commerce Regulations published in
 the Federal Register on December 27, 1988 (53 FR 53254) (to be codified at 19 CFR
 355.22).
 Dated: December 5, 1989.

 Eric I. Garfinkel,

 Assistant Secretary for Import Administration.

 Appendix I

 Company

 Abaco Tulipanes De Colombia S.A.
 Achalay Ltda.
 Agricola Ltda.
 Agricola Benilda Ltda.
 Agricola Bojaca Ltda.
 Agricola Bonanza Ltda.
 Agricola De La Fontanta y Cia Ltda.
 Agricola de los Alisos Ltda.
 Agricola de Occidente.
 Agricola del Monte Ltda.
 Agricola el Cactus S.A.
 Agricola el Jardin
 Agricola el Mortino Ltda.
 Agricola el Redil
 Agricola Floral Ltda.
 Agricola Guali Ltda.
 Agricola la Corsaria Ltda.
 Agricola la Floresta Ltda.
 Agricola la Maria Ltda.
 Agricola los Arboles
 Agricola los Gaques Ltda.
 Agricola Malqui Ltda.
 Agricola Papagayo Ltda.
 Agro Koralia Ltda.
 Agrodex Ltda.
 Agroindustrias De Narino Ltda.
 Agromec Ltda.
 Agromonte Ltda.
 Agroindustria Del Rio Frio Ltda.
 Agropecuaria Cuernavaca
 Agrorosas S.A.
 Agrosuba
 Ancas Ltda.
 Arboles Azules Ltda.
 Astro Ltda.
 Astroflores Ltda.
 Becerra Castellanos y Cia
 Bogota Flowers Ltda.
 Cienfuegos Ltda.
 Claveles Colombianos Ltda.
 Claveles de los Alpes Ltda.
 Colinga Ltda.
 Conbiflor
 Confloresa Ltda.
 Crop S.A.
 Cult. del Caribe Ltda. "Florcaribe"
 Cultivos Buenavista Ltda.
 Cultivos el Lago
 Cultivos Medellin Ltda.
 Daflor Ltda.
 De la Pava Guevara e Hijos Ltda.
 Del Tropico Ltda.
 Dianticola Colombiana Ltda.
 Edir Ltda.
 El Antelio S.A.
 El Rancho Ltda.
 El Timbul Ltda.
 Exportaciones Bochica S.A.
 Flomingo Flowers Ltda.
 Flora Bellisma Ltda.
 Flora Intercontinental Ltda.
 Floral Ltda.
 Floralex Ltda.
 Floramerica
 Florandia Herrera Camacho y Cia
 Floreales Ltda.
 Florenal Ltda.
 Flores Acuarela S.A.
 Flores Aguaclara Ltda.
 Flores Aguila Ltda.
 Flores Alborada S.A.
 Flores Alcala Ltda.
 Flores Alfaya Ltda.
 Flores Andinas Ltda.
 Flores Aurora Ltda.
 Flores Bachue Ltda.
 Flores Catalina Ltda.
 Flores Cigarral Ltda.
 Flores Colombianas Ltda.
 Flores Colon Ltda.
 Flores Condor de Colombia Ltda.
 Flores Corinto
 Flores de Cota Ltda.
 Flores de Funza S.A.
 Flores de Hunza Ltda.
 Flores de la Pradera Ltda.
 Flores de la Sabana
 Flores Cajibio
 Flores Catalina Ltda.
 Flores de Hacaritama
 Flores de la Vega Ltda. "Vegaflor"
 Flores de las Mercedes Ltda.
 Flores de los Amigos Ltda.
 Flores de los Andes
 Flores de los Arrayanes Ltda.
 Flores de Nemocon Ltda.
 Flores de Oriente Ltda.
 Flores de Serrezuela S.A.
 Flores de Suba Ltda.
 Flores de Suesca
 Flores de Tenjo
 Flores De Ubate Ltda.
 Flores del Bosque
 Flores del Campo Ltda.
 Flores del Cauca
 Flores del Cielo Ltda.
 Flores del Cortijo
 Flores del Gallinero Ltda.
 Flores del Lago Ltda.
 Flores del Monte Ltda.
 Flores del Pinar Ltda.
 Flores del Prado Ltda.
 Flores del Pretrero Ltda.
 Flores del Rio
 Flores del Tambo Leda.
 Flores del Vino Ltda.
 Flores Depina Ltda.
 Flores Dos Hectareas Ltda.
 Flores el Chircal Ltda.
 Flores el Danubio Ltda.
 Flores el Lobo Ltda.
 Flores el Puente Ltda.
 Flores el Rosal Ltda.
 Flores el Trentino Ltda.
 Flores Esmeralda S.A.
 Flores Estrella Ltda.
 Flores Galia Ltda.
 Flores Generales Ltda.
 Flores Guaicata Ltda.
 Flores Hana Ichi de Col.
 Flores Horizonte (Flores Monte Verde)
 Flores Internacionales Ltda.
 Flores Juananbu Ltda.
 Flores Juncalito Ltda.
 Flores la Conchita.
 Flores la Conejera Ltda.
 Flores la Estancia Ltda.
 Flores la Fragancia S.A.
 Flores la Macarena
 Flores la Maria Ltda.
 Flores la Pampa Ltda.
 Flores la Union S.A.
 Flores la Valvanera Ltda.
 Flores Lano Grande Ltda.
 Flores las Plamas Ltda.
 Flores las Caicas-Davila Arbelaez Cia S.S.
 Flores los Rosales Ltda.
 Flores Marandua Ltda.
 Flores Maria Elisa Ltda.
 Flores Monserrate Ltda.
 Flores Moungar Ltda.
 Flores Palimana
 Flores Petaluma Ltda.
 Flores Ramo Ltda.
 Flores Ruizort
 Flores San Carlos
 Flores Santa Fe Ltda.
 Flores Santa Rosa Ltda.
 Flores Sausalito
 Flores Sindamonoi Vod Ltda.
 Flores Tairona Ltda.
 Flores Tecnicas
 Flores Tejas Verdes Ltda.
 Flores Tenerife Ltda.
 Flores Tiba Ltda.
 Flores Tibati Ltda.
 Flores Timana Ltda.
 Flores Tocarinda Ltda.
 Flores Tokay H.I.S.A.
 Flores Tomine Ltda.
 Flores Tropicales Ltda.
 Floresa
 Florex S.A.
 Florexpo Ltda.
 Floricola la Gaitana
 Floricultores Asociados Lorena "Lorena Ltda."
 Florinda Ltda.
 Hacienda Curubital
 Hacienda la Embarrada Ltda.
 Happy Candy Ltda.

 *51055

 Happy Flowers
 Horticuldura de La Sabana
 Industrial Agricola Ltda.
 Internacional de Flores Ltda. "Interflores"
 Inverpalmas Ltda.
 Inversiones Calipso S.A.
 Ingro Ltda.
 Inv. Cubivan Ltda.
 Inv. Mejia Landucci y Cia S.C.
 Inv. Rodaz Ltda.
 Inverflores Ltda.
 Inversiones Agricolas M.T. Ltda.
 Inversiones Almer Ltda.
 Inversiones Cota Ltda.
 Inversiones el Bambu Ltda.
 Inversiones Istra
 Inversiones Kluar Ltda.
 Inversiones Marcote Ltda.
 Inversiones Maria Alejandra
 Inversiones Miraflores Ltda
 Inversiones Nativa Ltda.
 Inversiones Patxi Ltda.
 Inversiones Penas Blancas Ltda.
 Inversiones Santa Rosa S.R.W. Ltda.
 Inversiones Targa S.A.
 Inversiones la Serena
 Inversiones Santa Rita Ltda.
 Iturrama S.A.
 Jaramillo and Daza Ltda.
 Jardines Bacata
 Jardines Chuntame
 Jardines de Chia Ltda.
 Jardines de Colombia Ltda.
 Jardines de los Andes
 Jardines del Muna.
 Jardines Fredonia Ltda.
 Jardines la Aurora S.S.
 Jardines la Florida Ltda.
 Jardines Natalia Ltda.
 Kingdom S.A.
 La Fleurette de Colombia S.A.
 La Nueva Rosa Ltda.
 La Plazoleta Ltda.
 Las Amalias S.A.
 Las Flores Ltda.
 Linda Colombia Ltda.
 Los Geranios Ltda.
 Mac Flowers Ltda.
 Nahecha Bustos Humberto
 Manrique Fajardo Luciano
 Marketing and Trade Company Ltda.
 Martinez Zurbachen & Cia
 Medellin Ltda.
 Mejia Sendoya y Cia Sen C.
 M.G. Consultores Ltda.
 Microplantas Ltda.
 Monserrate Ltda.--Represent. E. Invers.
 Monteverde Ltda.
 Multiflores Ltda.
 Orquideas Acatayma Ltda.
 Petalos de Colombia Ltda.
 Pineros Putman Enrique
 Pisochago Ltda.
 Plantaciones Delta Ltda.
 Plantas Ornamentales del Col.
 Plantas S.A.
 Pompones Ltda.
 Productos el Rosal Ltda.
 Rincon Diaz Olga Paulina
 Rocicler Ltda.
 Roselandia Ltda.
 Rosaflor Ltda.
 Rosales de Colombia "Rosalco"
 Rosas Colombianas Ltda.
 Rosas de Colombia Ltda.
 Rosas de Exportacion "Rosex"
 Rosas el Juncal Ltda.
 Rosas Sabanilla
 Rosas Sausalito Ltda.
 Rosas y Flores Ltda.
 Rosas y Jardines del Tropico Ltda.
 Roses Tesalia
 Royal Carnation
 Sandra Patricia Rey
 Sansa Flowers Ltda.
 Santa Helena S.A.
 Santana Flowers Ltda.
 Sociedad Arawac S.A.
 Sun Flowers Ltda.
 Sunset Farms Ltda.
 Super Rosas Ltda.
 Taganga Ltda.
 Tec. Agricola Ganadera Tag Ltda.
 Tecniflores Ltda.
 Tegeiro Repres. Internales. "Terinter"
 The Beall Company
 Tropiflora Ltda.
 Tuchany S.A.
 Universal de Flores Ltda.
 Universal Flowers
 Velez de Monchaux e Hijos y Cia S. en C.
 Villa Diana Ltda.

 [FR Doc. 89-28953 Filed 12-11-89; 8:45 am]

 BILLING CODE 3510-DS-M