98-29639. Special Provision for Frozen Concentrated Orange Juice Under the North American Free Trade Agreement Implementation Act  

  • [Federal Register Volume 63, Number 214 (Thursday, November 5, 1998)]
    [Notices]
    [Page 59761]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-29639]
    
    
    
    [[Page 59761]]
    
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    DEPARTMENT OF AGRICULTURE
    
    
    Special Provision for Frozen Concentrated Orange Juice Under the 
    North American Free Trade Agreement Implementation Act
    
    AGENCY: Foreign Agricultural Service, USDA.
    
    ACTION: Notice of Determination of Termination of Existence of Price 
    Conditions Necessary for Imposition of Temporary Duty on Frozen 
    Concentrated Orange Juice from Mexico.
    
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    SUMMARY: Pursuant to Section 309(a) of the North American Free Trade 
    Agreement Implementation Act of 1993 (``NAFTA Implementation Act''), 
    this is a notification that for 5 consecutive business days the daily 
    price for frozen concentrated orange juice has exceeded the trigger 
    price.
    
    FOR FURTHER INFORMATION CONTACT:
    Mark Petry, Horticultural and Tropical Products Division, Foreign 
    Agricultural Service, U.S. Department of Agriculture, Washington, DC 
    20250-1000 or telephone at (202) 720-6877.
    
    SUPPLEMENTARY INFORMATION: The NAFTA Implementation Act authorizes the 
    imposition of a temporary duty (snapback) for Mexican frozen 
    concentrated orange juice when certain conditions exist. Mexican 
    articles falling under subheading 2009.11.00 of the Harmonized Tariff 
    Schedule of the United States (HTS) are subject to the snapback duty 
    provision.
    
        Under Section 309(a) of the NAFTA Implementation Act, certain price 
    conditions must exist before the United States can apply a snapback 
    duty on imports of Mexican frozen concentrated orange juice. In 
    addition, such imports must exceed specified amounts before the 
    snapback duty can be applied. The price conditions exist when for each 
    period of 5 consecutive business days the daily price for frozen 
    concentrated orange juice is less than the trigger price.
        For the purpose of this provision, the term ``daily price'' means 
    the daily closing price of the New York Cotton Exchange, or any 
    successor as determined by the Secretary of Agriculture (the 
    ``Exchange''), for the closest month in which contracts for frozen 
    concentrated orange juice are being traded on the Exchange. The term 
    ``business day'' means a day in which contracts for frozen concentrated 
    orange juice are being traded on the Exchange.
        The term ``trigger price'' means the average daily closing price of 
    the Exchange for the corresponding month during the previous 5-year 
    period, excluding the year with the highest average price for the 
    corresponding month and the year with the lowest average price for the 
    corresponding month.
        Price conditions no longer exist when the Secretary determines that 
    for a period of 5 consecutive business days the daily price for frozen 
    concentrated orange juice has exceeded the trigger price. Whenever the 
    price conditions are determined to exist or to cease to exist the 
    Secretary is required to immediately notify the Commissioner of Customs 
    of such determination. Whenever the determination is that the price 
    conditions exist and the quantity of Mexican articles of frozen 
    concentrated orange juice entered exceeds (1) 264,978,000 liters 
    (single strength equivalent) in any of calendar years 1994 through 
    2002, or (2) 340,560,000 liters (single strength equivalent) in any 
    calendar years 2003 through 2007, the rate of duty on Mexican articles 
    of frozen concentrated orange juice that are entered after the date on 
    which the applicable quantity limitation is reached and before the date 
    of publication in the Federal Register of the determination that the 
    price conditions have ceased to exist shall be the lower of--(1) the 
    column 1--General rate of duty in effect for such articles on July 1, 
    1991; or (2) the column 1--General rate of duty in effect on that day. 
    For the purpose of this provision, the term ``entered'' means entered 
    or withdrawn from warehouse for consumption in the customs territory of 
    the United States.
        In accordance with Section 309(a) of the NAFTA Implementation Act, 
    it has been determined that for the period October 12-16, 1998, the 
    daily price for frozen concentrated orange juice has exceeded the 
    trigger price.
    
        Issued at Washington, DC the 30th day of October, 1998.
    Lon Hatamiya,
    Adminstrator, Foreign Agricultural Service.
    [FR Doc. 98-29639 Filed 11-4-98; 8:45 am]
    BILLING CODE 3410-10-M
    
    
    

Document Information

Published:
11/05/1998
Department:
Agriculture Department
Entry Type:
Notice
Action:
Notice of Determination of Termination of Existence of Price Conditions Necessary for Imposition of Temporary Duty on Frozen Concentrated Orange Juice from Mexico.
Document Number:
98-29639
Pages:
59761-59761 (1 pages)
PDF File:
98-29639.pdf