[Federal Register Volume 62, Number 196 (Thursday, October 9, 1997)]
[Notices]
[Pages 52805-52806]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-26783]
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OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE
Request of the Government of Suriname to be Designated a
Beneficiary of the Caribbean Basin Economic Recovery Act; Request for
Public Comment
AGENCY: Office of the United States Trade Representative.
ACTION: Notice; request for public comment.
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SUMMARY: Suriname has requested designation as a beneficiary country
under the Caribbean Basin Economic Recovery Act. Interested parties are
invited to submit comments relevant to the criteria to be examined in
determining Suriname's eligibility for such designation.
DATES: Comments are due at USTR by October 30, 1997.
ADDRESSES: Comments should be addressed to: Susan Cronin, Director for
Caribbean and Central American Affairs, Office of U.S. Trade
Representative, 600 17th Street, N.W., Room 523, Washington, D.C.
20506.
FOR FURTHER INFORMATION CONTACT: Susan Cronin, Director for Caribbean
and Central American Affairs, Office of United States Trade
Representative, 600 17th Street, N.W., Room 523, Washington, D.C.
20506; (202) 395-5190.
SUPPLEMENTARY INFORMATION: The Caribbean Basin Economic Recovery Act
(the ``CBERA'') (Title II, Pub. L. 98-67, as amended (19 U.S.C. 2701 et
seq.)) authorizes the President to proclaim duty-free treatment for
eligible articles from designated beneficiary countries in the
Caribbean Basin. Suriname has requested designation as a beneficiary
country under the CBERA.
Section 212(b) of the CBERA provides that the President shall not
designate any country a CBERA beneficiary country--
(1) If such country is a Communist country;
(2) If such country
(A) Has nationalized, expropriated or otherwise seized ownership or
control of property owned by a United States citizen or by a
corporation, partnership, or association which is 50 per centum or more
beneficially owned by United States citizens,
(B) Has taken steps to repudiate or nullify--
(i) Any existing contract or agreement with, or
(ii) Any patent, trademark, or other intellectual property of, a
United States citizen or a corporation, partnership, or association
which is 50 per centum or more beneficially owned by United States
citizens, the effect of which is to nationalize, expropriate, or
otherwise seize ownership or control of propriety so owned, or
(C) Has imposed or enforced taxes or other exactions, restrictive
maintenance or operational conditions, or other measures with respect
to property so owned, the effect of which is to nationalize,
expropriate, or otherwise seize ownership or control of such property,
unless the President determines that--
(i) Prompt, adequate, and effective compensation has been or is
being made to such citizen, corporation, partnership, or association.
(ii) Good-faith negotiations to provide prompt, adequate, and
effective compensation under the applicable provisions of international
law are in progress, or such country is otherwise taking steps to
discharge its obligations under international law with respect to such
citizen, corporation, partnership, or association, or
(iii) A dispute involving such citizen, corporation, partnership,
or association, over compensation for such a seizure has been submitted
to arbitration under the provisions of the Convention for the
Settlement of Investment Disputes, or in another mutually agreed upon
forum, and promptly furnishes a copy of such determination to the
Senate and House of Representatives;
(3) If such country fails to act in good faith in recognizing as
binding or in enforcing arbitral awards in favor of United States
citizens or a corporation, partnership or association which is 50 per
centum or more beneficially owned by United States citizens, which have
been made by arbitrators appointed for each case or by permanent
arbitral bodies to which the parties involved have submitted their
dispute;
(4) If such country affords preferential treatment to the products
of a developed country, other than the United States, which has, or is
likely to have, a significant adverse effect on United States commerce,
unless the President has received assurances satisfactory to him that
such preferential treatment will be eliminated or that action will be
taken to assure that there will be no such significant adverse effect,
and he reports those assurances to the Congress;
(5) If a government-owned entity in such country engages in the
broadcast of copyrighted material, including films or television
material, belonging to United States copyright owners without their
express consent;
(6) Unless such country is a signatory to a treaty, convention,
protocol, or other agreement regarding the extradition of United States
citizens; and
(7) If such country has not or is not taking steps to afford
internationally recognized worker rights (as defined in section
502(a)(4) of the Trade Act of 1974) to workers in the country
(including any designated zone in that country).
Paragraphs (1), (2), (3), (5), and (7) shall not prevent the
designation of any
[[Page 52806]]
country as a beneficiary country under this Act if the President
determines that such designation will be in the national economic or
security interest of the United States and reports such determination
to the Congress with his reasons therefor.
Section 212(c) of the CBERA provides that the President, in
determining whether to designate any country a CBERA beneficiary
country, shall take into account--
(1) An expression by such country of its desire to be so
designated;
(2) The economic conditions in such country, the living standards
of its inhabitants, and any other economic factors which he deems
appropriate;
(3) The extent to which such country has assured the United States
it will provide equitable and reasonable access to the markets and
basic commodity resources of such country;
(4) The degree to which such country follows the accepted rules of
international trade provided for under the General Agreement on Tariffs
and Trade, as well as applicable trade agreements approved under
section 2(a) of the Trade Agreements Act of 1979;
(5) The degree to which such country uses export subsidies or
imposes export performance requirements or local content requirements
which distort international trade;
(6) The degree to which the trade policies of such country as they
relate to other beneficiary countries are contributing to the
revitalization of the region;
(7) The degree to which such country is undertaking self-help
measures to promote its own economic development;
(8) Whether or not such country has taken or is taking steps to
afford to workers in that country (including any designated zone in
that country) internationally recognized worker rights.
(9) The extent to which such country provides under its law
adequate and effective means for foreign nationals to secure, exercise,
and enforce exclusive rights in intellectual property, including
patent, trademark, and copyright rights;
(10) The extent to which such country prohibits its nationals from
engaging in the broadcast of copyrighted material, including films or
television material, belonging to United States copyright owners
without their express consent; and
(11) The extent to which such country is prepared to cooperate with
the United States in the administration of the provisions of this
title.
Interested parties are invited to submit comments on the
application to Suriname of some or all of these criteria for
designation.
Public Comments
Interested parties must provide twelve copies of any comments,
which must be in English and which must be received at USTR no later
than 5 p.m., Thursday, October 30, 1997. If the comments contain
business confidential information, ten copies of a non-confidential
version must also be submitted. A justification as to why the
information contained in the comments should be treated confidentially
must be included in the comments. In addition, comments containing
confidential information should be clearly marked ``confidential'' at
the top of each page. The version that does not contain confidential
information should be clearly marked ``public version'' or ``non-
confidential'' at the top of each page.
Comments submitted in response to this notice, except for
information granted ``business confidential'' status pursuant to 15 CFR
2007.7, will be available for public inspection shortly after the
filing deadline, by appointment with the staff of the USTR Public
Reading Room (202 395-6186).
Frederick L. Montgomery,
Chairman, Trade Policy Staff Committee.
[FR Doc. 97-26783 Filed 10-8-97; 8:45 am]
BILLING CODE 3190-01-M
