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NEWS RELEASE 03-038; April 8, 2003 April 8, 2003
News Release 03-038
Inv. No. 332-444


Ongoing negotiations under the General Agreement on Trade in Services (GATS) offer a means of addressing many of the trade impediments encountered by oil and gas field service providers, reports the U.S. International Trade Commission (ITC) in its study Oil and Gas Field Services: Impediments to Trade and Prospects for Liberalization.

The ITC, an independent, nonpartisan, factfinding federal agency, conducted the investigation at the request of the U.S. Trade Representative. The report describes the various activities involved in oil and gas field services, discusses the nature and extent of trade, and examines the extent of impediments to trade and the potential benefits of trade liberalization. Highlights of the report follow.

Oil and Gas Field Services: Impediments to Trade and Prospects for Liberalization (Investigation 332-444, USITC publication 3582, March 2003) will be posted in the Publications area of the ITC Internet site at A printed or CD-ROM copy may be requested by calling 202-205-1809 or by writing the office of the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, DC, 20436. Requests may also be made by fax to 202-205-2104.

ITC general factfinding investigations, such as this one, cover matters related to tariffs or trade. The investigations are generally conducted at the request of USTR, the Senate Committee on Finance, or the House Committee on Ways and Means; the ITC may also self-initiate investigations. The resulting reports convey the Commission's objective findings and independent analyses on the subjects investigated. The Commission makes no recommendations on policy or other matters in its general factfinding reports. Upon completion of each investigation, the ITC submits its findings and analyses to the requester. General factfinding investigation reports are subsequently released to the public, unless they are classified by the requester for national security reasons.

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