do import restraints harm the US economy?

["Ian Murray" <seamus2001@xxxxxxxx>]

[Federal Register: October 31, 2001 (Volume 66, Number 211)]
[Notices]
[Page 55003-55004]
>From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr31oc01-74]

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INTERNATIONAL TRADE COMMISSION

[Investigation 332-325]


The Economic Effects of Significant U.S. Import Restraints: Third
Update

AGENCY: International Trade Commission

ACTION: Notice of third update report and scheduling of public
hearing,
corrected.

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EFFECTIVE DATE: October 19, 2001.

[[Page 55004]]

SUMMARY: The Commission has announced the schedule for its third
update
report in investigation No. 332-325, The Economic Effects of
Significant U.S. Import Restraints, and has established deadlines for
the submission of requests to appear at the hearing and for the filing
of written submissions as set forth below. The investigation was
requested by the Office of the U.S. Trade Representative (USTR) in May
1992. That request called for an initial investigation and subsequent
updates, under section 332(g) of the Tariff Act of 1930 (19 U.S.C.
1332(g)).

FOR FURTHER INFORMATION CONTACT: Sandra Rivera, Project Leader (202-
205-3007) or Kyle Johnson, Deputy Project Leader (202-205-3229),
Office
of Economics, U.S. International Trade Commission, Washington, DC,
20436. For information on the legal aspects of this investigation,
contact William Gearhart of the Office of the General Counsel
(202-205-
3091). Hearing impaired individuals are advised that information on
this matter can be obtained by contacting the TDD terminal on (202)
205-1810. Persons with mobility impairments who will need special
assistance in gaining access to the Commission should contact the
Office of the Secretary at 202-205-2000. General information
concerning
the Commission may also be obtained by accessing its internet server
(http://www.usitc.gov). The public record for these investigations may
be viewed on the Commission's electronic docket (EDIS-ON-LINE) at
http://dockets.usitc.gov/eol/public.

Background

    The Commission instituted this investigation following receipt on
May 15, 1992 of a request from the USTR. The request asked that the
Commission conduct an investigation assessing the quantitative
economic
effects of significant U.S. import restraints on the U.S. economy, and
prepare periodic update reports following the submission of the first
report. The first report was delivered to the USTR in November 1993,
the first update in December 1995, and the second update in May 1999.
In this third update report, the Commission will assess the economic
effects of significant tariff and non-tariff U.S. import restraints on
U.S. consumers, on the activities of U.S. firms, on the income and
employment of U.S. workers, and on the net economic welfare of the
United States. The assessment will not include import restraints
resulting from final antidumping or countervailing duty
investigations,
section 337, and 406 investigations, or section 301 actions.
    The initial notice of institution of this investigation was
published in the Federal Register of June 17, 1992 (57 F.R. 27063).

Public Hearing

    A public hearing in connection with the investigation will be held
at the U.S. International Trade Commission Building, 500 E Street SW.,
Washington, DC, beginning at 9:30 a.m. on December 4, 2001. All
persons
shall have the right to appear, by counsel or in person, to present
information and to be heard. Requests to appear at the public hearing
should be filed with the Secretary, United States International Trade
Commission, 500 E Street SW., Washington, DC 20436, no later than 5:15
p.m., November 9, 2001. Any prehearing briefs (original and 14 copies)
should be filed not later than close of business, November 14, 2001;
the deadline for filing post-hearing briefs or statements is close of
business, January 10, 2002. In the event that, as of the close of
business on November 9, 2001, no witnesses are scheduled to appear at
the hearing, the hearing will be canceled. Any person interested in
attending the hearing as an observer or non-participant may call the
Secretary to the Commission (202-205-2000) after November 9, 2001, to
determine whether the hearing will be held.

Written Submissions

    In lieu of or in addition to participating in the hearing,
interested parties are invited to submit written statements (original
and 14 copies) concerning the matters to be addressed by the
Commission
in its report on this investigation. Commercial or financial
information that 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 section 201.6 of the Commission's Rules of Practice
and
Procedure (19 CFR 201.6). All written submissions, except for
confidential business information, will be made available in the
Office
of the Secretary for inspection by interested parties. To be assured
of
consideration by the Commission, written statements relating to the
Commission's report should be submitted to the Commission at the
earliest practical date and should be received no later than the close
of business on January 10, 2002. All submissions should be addressed
to
the Secretary, United States International Trade Commission, 500 E
Street SW., Washington, DC 20436. The Commission's rules do not
authorize filing submissions with the Secretary by facsimile or
electronic means.

List of Subjects

    U.S. Import Restraints, Nontariff measures (NTM), Tariffs,
Imports.

    By order of the Commission.
    Issued: October 26, 2001.
Donna R. Koehnke,
Secretary.
[FR Doc. 01-27391 Filed 10-30-01; 8:45 am]
BILLING CODE 7020-02-P