NOTICES

                   DEPARTMENT OF COMMERCE

                           [C-559-001]

  Certain Refrigeration Compressors From the Republic of Singapore,
                           Preliminary
       Results of Countervailing Duty; Administrative Review

                     Tuesday, May 22, 1990

  *21069

  AGENCY: International Trade Administration/Import
  Administration, Commerce.

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

  SUMMARY: The Department of Commerce has conducted two
  administrative reviews of the agreement suspending the
  countervailing duty investigation on certain refrigeration
  compressors from the Republic of Singapore. We preliminarily
  determine that the signatories have complied with the terms of the
  suspension agreement during the periods January 1, 1986 through
  December 31, 1986, and January 1, 1987 through March 31, 1988. We
  invite interested parties to comment on these preliminary results.

  EFFECTIVE DATE: May 22, 1990.

  FOR FURTHER INFORMATION CONTACT: Megan Pilaroscia or
  Barbara Williams, Office of Agreements Compliance, International
  Trade Administration, U.S. Department of Commerce,
  Washington, DC 20230; telephone: (202) 377-3793.

  SUPPLEMENTARY INFORMATION:

  Background

  On November 7, 1983, the Department of Commerce ("the
  Department") published in the Federal Register (48 FR 51167) a
  notice of suspension of countervailing duty investigation
  regarding certain refrigeration compressors from the Republic of
  Singapore. On November 9, 1987, and as amended on November 17,
  1987, the Department published a notice of "Opportunity to Request
  Administrative Review" (52 FR 43095; 52 FR 43929) of this case. On
  November 30, 1987, the petitioner, Tecumseh Products Company,
  and the respondents, Matsushita Refrigeration Industries (Singapore)
  Pte. Ltd. (MARIS) and Matsushita Electric Trading (Singapore) Pte.
  Ltd. (METOS), currently known as Asia Matsushita Electric
  (Singapore) Pte. Ltd., requested an administrative review of the
  suspension agreement (52 FR 47617). We initiated the fourth review,
  covering the period January 1, 1986 through December 31, 1986, on
  December 15, 1987. On October 31, 1988, the Department published a
  notice of "Opportunity to Request Administrative Review" (53 FR
  43913) for the following period, and on November 15, 1988, the
  petitioner requested an administrative review (54 FR 4871) of that
  period. We initiated the fifth review, covering the period January 1,
  1987 through March 31, 1988, on January 31, 1989. The Department
  has now conducted these administrative 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 Singaporean
  hermetic refrigeration compressors rated not over one-quarter
  horsepower. During the review periods, such merchandise was
  classifiable under item number 661.0900 of the Tariff Schedules of
  the United States Annotated. This merchandise is currently
  classifiable under HTS item number 8414.30.40.
  The reviews cover one producer and one exporter of the subject
  merchandise. These two companies, along with the Government of
  Singapore, are the signatories to the suspension agreement. The
  reviews cover the periods January 1, 1986 through December 31,
  1986, and January 1, 1987 through March 31, 1988, and five
  programs.

  *21070

  Analysis of Programs

  (1) The Economic Expansion Incentives Act--Part IV

  Part IV of the Economic Expansion Incentives Act allows a 90
  percent tax exemption on a company's profits if the company is
  designated as an export enterprise. MARIS is so designated and used
  this tax exemption during the periods of review.
  MARIS exports only refrigeration compressors, all of them through
  METOS. To calculate the benefit, for each review period we divided
  MARIS' tax savings from the program by the f.o.b. value of METOS'
  total exports of MARIS' refrigeration compressors. On this basis, we
  preliminarily determine the benefit from this program, during the
  first period reviewed, to be 4.23 percent of the f.o.b. value of the
  merchandise, and 2.06 percent in the following period of review.

  (2) Financing Through the Monetary Authority of Singapore

  The suspension agreement prohibits MARIS and METOS from
  applying for or receiving any financing provided by the rediscount
  facility of the Monetary Authority of Singapore for shipments of the
  subject refrigeration compressors to the United States. We
  determined that neither the signatory producer nor exporter
  received any financing through the Monetary Authority on the
  subject compressors exported to the United States during the
  review periods. Therefore, we preliminarily determine that both
  companies have complied with this clause of the agreement.

  (3) Other Programs

  Petitioner requests that the Department review possible benefits
  conferred by the Government of Singapore to MARIS under the
  following programs: the Skills Development Fund, the Public Utilities
  Board Surcharge Exemption, and the technical assistance fee
  withholding tax exemptions. The Department has examined these
  programs in prior reviews and determined that they were not
  countervailable (50 FR 30493, July 26, 1985; 53 FR 25647, July 8,
  1988). We have received no new information to indicate that these
  programs confer countervailable benefits on MARIS.

  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, including the payment of the provisional export charge
  for both periods. From January 1, 1986 through January 9, 1987, a
  provisional export charge rate of 4.92 percent was in effect, and from
  January 9, 1987 through March 1988, a rate of 8.35 percent was in
  effect. We also preliminarily determine the net bounty or grant to be
  4.23 percent of the f.o.b. value of the merchandise for the January 1,
  1986 through December 31, 1986 review period and 2.06 percent of
  the f.o.b. value of the merchandise for the January 1, 1987 through
  March 31, 1988 review period. The suspension agreement states that
  the Government of Singapore will offset completely with an export
  charge the net bounty or grant calculated by the Department.
  Following the methodology outlined in section B.4 of the agreement,
  the Department preliminarily determines that, for the period January
  1, 1986 through December 31, 1986, and the period January 1, 1987
  through March 31, 1988, a negative adjustment may be made to the
  provisional export charges in effect. These rates, established in the
  notices of the final results of the first and second administrative
  reviews of the suspension agreement (50 FR 30493, July 26, 1985; 52
  FR 848, January 9, 1987), are 4.92 percent and 8.35 percent,
  respectively. For both periods, the Government of Singapore may
  refund the difference to the companies.
  The Department intends to notify the Government of Singapore that
  the provisional export charge on all exports to the United States with
  Outward Declarations filed on or after the date of publication of the
  final results of this administrative review shall be 2.06 percent of the
  f.o.b. value of the merchandise.
  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
  Singaporean refrigeration compressors into the United States. Our
  information indicates that the two signatory companies accounted for
  100 percent of imports into the United States of this merchandise
  during the review periods.
  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
  after the date of publication. Any hearing, if requested, will be held 35
  days after the date of publication or the first workday following. Any
  request for an administrative protective order must be made no later
  than 5 days after the date of publication. The Department will publish
  the final results of this administrative review including the 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 19 CFR 355.22.
  Dated: May 15, 1990.

  Eric I. Garfinkel,

  Assistant Secretary for Import Administration.

  [FR Doc. 90-11873 Filed 5-21-90; 8:45 am]

  BILLING CODE 3510-DS-M