February 22, 2012
News Release 12-020
Inv. No. 332-529
Contact: Peg O'Laughlin, 202-205-1819
USITC BEGINS INVESTIGATION
CONCERNING POSSIBLE MODIFICATIONS TO THE U.S. GSP,
2011 REVIEW OF ADDITIONS AND COMPETITIVE NEED LIMITATION WAIVERS
The U.S. International Trade Commission (USITC) is seeking input for a newly initiated investigation concerning possible modifications to the Generalized System of Preferences (GSP).
The investigation, Advice Concerning Possible Modifications to the U.S. Generalized System of Preferences, 2011 Review of Additions and Competitive Need Limitation Waivers (Investigation No. 332-529), was requested by the U.S. Trade Representative (USTR).
The USITC is seeking input for its new investigation from all interested parties and requests that the information focus on the articles for which the USITC is requested to provide information and advice. The USITC will hold a public hearing in connection with the investigation at 9:30 a.m. on March 30, 2012. Requests to appear at the public hearing should be filed no later than 5:15 p.m. on March 12, 2012, with the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. In the event that no requests to appear at the hearing are received by the close of business on March 12, 2012, the hearing will be canceled. For further information, please call 202-205-2595.
The USITC also welcomes written submissions for the record. Written submissions should be addressed to the Secretary to the Commission at the above address and should be submitted at the earliest practical date but no later than 5:15 p.m. on April 4, 2012.
As requested, the USITC, an independent, nonpartisan, factfinding federal agency, will provide advice on the likely impact on competing U.S. industries of the addition of the following Harmonized Tariff Schedule (HTS) subheadings:
For all GSP-eligible countries:
For least-developed beneficiary developing countries (LDBDC):
The USITC also will provide advice on the likely impact on competing U.S. industries of competitive need limitation waivers on the following 9 HTS subheadings for certain countries:
The USITC will submit its confidential report to USTR by May 14, 2012. As soon as possible thereafter, the USITC, as requested by USTR, will issue a public version of the report containing only the unclassified sections, with any business confidential information and classified information deleted.
USITC general factfinding investigations, such as this one, cover matters related to tariffs or trade and are generally conducted at the request of the U.S. Trade Representative, the House Committee on Ways and Means, or the Senate Committee on Finance. 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 USITC 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.