[C-580-802] Industrial Belts and Components and Parts Thereof, Whether Cured or Uncured, From the Republic of Korea; Final Negative Countervailing Duty Determination

AGENCY: Import Administration, International Trade Administration, Commerce.

ACTION: Notice.

SUMMARY: We determine that de minimis benefits which constitute subsidies within the meaning of the U.S. countervailing duty law are being provided to manufacturers, producers, or exporters in Korea of industrial belts and components and parts thereof, whether cured or uncured (industrial belts), as described in the "Scope of Investigation" section of this notice. The estimated net subsidy is 0.41 percent ad valorem. Since this rate is de minimis, our final countervailing duty determination is negative.

We have notified the United States International Trade Commission (ITC) of our determination.

EFFECTIVE DATE: April 18, 1989.

FOR FURTHER INFORMATION CONTACT:Roy A. Malmrose, Office of Countervailing Investigations, Import Administration, International Trade Administration, U.S. Department of Commerce, 14th Street and Constitution Avenue, NW., Washington, DC 20230; telephone: (202) 377-5414.

SUPPLEMENTARY INFORMATION:

Final Determination

Based on our investigation, we determine that de minimis benefits which constitute subsidies within the meaning of section 701 of the Tariff Act of 1930, as amended (the Act), are being provided to manufacturers, producers or exporters in Korea of industrial belts. For purposes of this investigation, the following programs are found to confer subsidies: