[Federal Register: June 27, 2008 (Volume 73, Number 125)]
[Notices]
[Page 36494]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27jn08-36]
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COMMITTEE FOR THE IMPLEMENTATION OF TEXTILE AGREEMENTS
Amendment to the 2008 Tariff Preference Level (TPL) for Nicaragua
under the Central America-Dominican Republic-United States Free Trade
Agreement (CAFTA-DR)
June 23, 2008.
AGENCY: Committee for the Implementation of Textile Agreements (CITA).
ACTION: Amending the 2008 TPL for Nicaragua.
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EFFECTIVE DATE: June 27, 2008.
SUMMARY: This notice reduces the 2008 TPL for Nicaragua to 87,897,046
square meters equivalent to account for the shortfall in meeting the
one-to-one commitment for cotton and man-made fiber woven trousers
exported from Nicaragua to the United States.
FOR FURTHER INFORMATION CONTACT: Richard Stetson, International Trade
Specialist, Office of Textiles and Apparel, U.S. Department of
Commerce, (202) 482-3400.
SUPPLEMENTARY INFORMATION:
Authority: Annex 3.28 of the CAFTA-DR; Section 1634(a)(2) and
(c)(2) of the Pension Protection Act of 2006 (P.L. 109-280);
Presidential Proclamation 8111 of February 28, 2007.
BACKGROUND:
Annex 3.28 of the CAFTA-DR establishes a TPL for non-originating
apparel goods of Nicaragua. Section 1634(a)(2) of the Pension
Protection Act references the exchange of letters between the United
States and Nicaragua, which establishes the one-to-one commitment for
cotton and man-made fiber trousers. Section 1634(c)(2) of the Pension
Protection Act authorizes the President to proclaim a reduction in the
overall limit in the TPL if the President determines that Nicaragua has
failed to comply with the one-to-one commitment. In Presidential
Proclamation 8111, the President delegated to CITA the authority to
determine whether Nicaragua had failed to comply with the one-to-one
commitment and to reduce the overall limit in the TPL.
In an exchange of letters dated March 24 and 27, 2006, Nicaragua
agreed that for each square meter equivalent of exports of cotton and
man-made fiber woven trousers entered under the TPL, Nicaragua would
export to the United States an equal amount of cotton and man-made
fiber woven trousers made of U.S. formed fabric of U.S. formed yarn.
This commitment for cotton woven trousers applies to the first 30
million square meters equivalent in 2007, the second year after the
date of entry into force of the CAFTA-DR. Further, any shortfall in
meeting this commitment that was not rectified by April 1 of the
succeeding year would be applied against the TPL for the succeeding
year. For 2007, the shortfall in meeting the one-to-one commitment is
12,102,954 square meters equivalent. This amount is being deducted from
the 2008 TPL, resulting in a new TPL level for 2008 of 87,897,046
square meters equivalent.
R. Matthew Priest,
Chairman, Committee for the Implementation of Textile Agreements.
[FR Doc. E8-14638 Filed 6-26-08; 8:45 am]
BILLING CODE 3510-DS-S