ITC launches new investigation on possible modification to the US-Chile FTA rules of origin

ITC launches new investigation on possible modification to the U.S.- Chile free trade agreement rules of origin

The United States International Trade Commission (ITC) is seeking input on a newly initiated investigation concerning proposed modifications of the U.S.-Chile Free Trade Agreement (UCFTA) rules of origin. The investigation, Probable Economic Effect of Certain Modifications to the U.S.-Chile Free Trade Agreement Rules of Origin, was requested by the U.S. Trade Representative (USTR) in a letter received on February 11, 2008. As requested by the USTR, the ITC, an independent, nonpartisan, factfinding federal agency, will provide advice on the probable economic effect of the proposed UCFTA rules of origin modifications on U.S. trade and on domestic producers of the affected articles.

The investigation covers a wide variety of articles, including certain herbs and spices; coffee; cocoa and cocoa preparations; miscellaneous edible preparations; products of the chemical or allied industries; rubber and related articles; natural or cultured pearls; nuclear reactors, boilers, machinery, mechanical appliances, and related parts; electrical equipment (sound and television recorders) and related parts; and optical, medical, measuring, or checking instruments and apparatus. Details can be obtained from the attachment to the request letter, which can be found on the ITC Internet site at http://www.usitc.gov/ind_econ_ana/research_ana/chilefta.htm.

The ITC expects to submit its advice to the USTR by October 31, 2008.

The ITC is seeking input for its new investigation from all interested parties and requests that the information focus on the articles for which the ITC is requested to provide information and advice. The ITC will not hold a public hearing in connection with the investigation; however, the ITC welcomes written submissions for the record. Written submissions should be addressed to the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436 and should be submitted at the earliest practical date but no later than 5:15 p.m. on May 1, 2008.

Source: usitc.gov

Publication date: 3/13/2008

source: Fresh Plaza