[Federal Register Volume 59, Number 62 (Thursday, March 31, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-7606]
[[Page Unknown]]
[Federal Register: March 31, 1994]
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INTERNATIONAL TRADE COMMISSION
[Investigation No. 332-353]
Potential Impact on the U.S. Economy and Industries of the GATT
Uruguay Round Agreements
AGENCY: International Trade Commission.
ACTION: Institution of investigation and call for public submissions.
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EFFECTIVE DATE: March 25, 1994.
SUMMARY: Following receipt on March 23, 1994, of a request from the
House Committee on Ways and Means and the Senate Committee on Finance,
the Commission instituted investigation No. 332-353, Potential Impact
on the U.S. Economy and Industries of the GATT Uruguay Agreements,
under section 332(g) of the Tariff Act of 1930 (19 U.S.C. 1332(g)).
FOR FURTHER INFORMATION CONTACT: Information on industry sectors may be
obtained from Karen Laney-Cummings, Office of Industries (202-205-3443)
or Mark Estes, Office of Industries (202-205-3491); economic aspects,
from Hugh Arce, Office of Economics (202-205-3234); and legal aspects,
from William Gearhart, Office of the General Counsel (202-205-3091).
The media should contact Margaret O'Laughlin, Director, Office of
Public Affairs (202-205-1819). Hearing impaired individuals are advised
that information on this matter can be obtained by contacting the TDD
terminal on 202-205-1107.
BACKGROUND: In their letter dated March 23, 1994, the Committees note
that the President notified the Congress on December 15, 1993, of his
intention to enter into trade agreements resulting from the Uruguay
Round of multilateral trade negotiations under the General Agreement on
Tariffs and Trade (GATT).
The Committees asked the Commission to conduct a study under
section 332(g) consisting of (1) a review and analysis of existing
economy-wide studies of the effects of the Uruguay Round, focusing on
the effects on overall U.S. employment, output, and trade flows; and
(2) analyses of the impact of both tariff and nontariff provisions of
the GATT Uruguay Round Agreements on important agricultural,
industrial, and service sectors of the economy. Both areas of analysis
should include consideration of the likely impact of the Agreements on
U.S. production, employment, U.S. consumers, and U.S. exports and
imports.
The Committees asked that the analyses be based on the Agreements
as concluded to date, not on hypothetical assumptions concerning
provisions that are still under negotiation. They also asked that the
study focus on those provisions having the greatest impact on
individual sectors. More specifically, the Committees asked that the
Commission's assessment identify those provisions of the Agreements
likely to significantly impact each sector.
The Committees have requested the study by June 17, 1994 and have
directed that the report should be concise and emphasize important
implications rather than quantitative detail.
WRITTEN SUBMISSIONS: Interested persons are invited to submit written
statements concerning the matters to be addressed by the Commission in
its report. The Commission is especially interested in receiving
information regarding the impact of the GATT Uruguay Round Agreements
on individual sector employment, output, and trade flows. A list of the
sectors under examination by the Commission is attached. Written
submissions should be received no later than noon on May 2, 1994. All
submissions should be addressed to the Secretary of the Commission at
the Commission's office, 500 E Street, SW., Washington, DC 20436.
Commercial or financial information that a submitter desires the
Commission to treat as confidential must be submitted on separate
sheets of paper, each clearly marked ``Confidential Business
Information'' at the top. All submissions requesting confidential
treatment must conform with the requirements of Sec. 201.6 of the
Commission's Rules of Practice and Procedure (19 CFR 201.6). All
written submissions, except for confidential business information, will
be made available for inspection by interested persons.
Persons with mobility impairments who will need special assistance
in gaining access to the Commission should contact the Office of the
Secretary at 202-205-2000.
By order of the Commission.
Issued: March 25, 1994.
Donna R. Koehnke,
Secretary.
Attachment
Industry Sectors
Agriculture, Fisheries, and Forestry Sectors
Livestock and meat
Poultry and eggs
Dairy
Fish
Sugar and other sweeteners
Fruit and vegetables
Grain, milled grain, and animal feed
Oilseed and oilseed products
Alcoholic beverages
Tobacco and tobacco products
Tropical and specialty agricultural products
Wood and lumber products
Paper, pulp, and printed matter
Cotton
Industrial Sectors
Energy and Chemicals
Energy and related products
Primary aromatic chemicals and olefins
Agricultural chemicals
Miscellaneous finished chemical products
Pharmaceuticals
Rubber, plastics, and products thereof
Miscellaneous chemicals
Textiles, Apparel, and Footwear
Textiles
Apparel
Footwear
Minerals and Metals
Non-ferrous metals and products
Flat glass, fiber glass, and miscellaneous glass products
Industrial and household ceramics
Non-metallic industrial minerals
Steelmaking raw materials
Basic iron and steel products
Fabricated metal products
Machinery and Transportation
Motor vehicles
Motor vehicle parts
Aerospace equipment and parts
Certain transportation equipment
Metal wood working equipment
Industrial machinery
Electrical equipment and components
Appliances
Miscellaneous equipment
Electronics
Computers and office equipment
Telephone and telegraph apparatus and optical cable
Consumer electronic products
Recorded media
Semiconductors, and other electronic components
Instruments
Medical equipment
Photographic and optical equipment and materials
Miscellaneous manufactures
Silverware, flatware, and jewelry
Dolls, toys, games, sporting goods, bicycles, and musical instruments
Luggage, handbags, and flatgoods
Furniture and lamps
Miscellaneous manufactured articles
Service Sectors\1\
Audio visual
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\1\The Maritime, Financial, and Basic Telecommunications sectors
are subject to further negotiations and therefore will not be
covered in detail.
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Business and professional (including advertising, accounting,
architecture and engineering, consulting, and legal services)
Construction
Tourism
Value-added telecommunications
[FR Doc. 94-7606 Filed 3-30-94; 8:45 am]
BILLING CODE 7020-02-P