[Code of Federal Regulations]
[Title 15, Volume 3]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR2007.3]

[Page 453]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
      CHAPTER XX--OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE
 
PART 2007_REGULATIONS OF THE U.S. TRADE REPRESENTATIVE PERTAINING TO ELIGIBILITY 
OF ARTICLES AND COUNTRIES FOR THE GENERALIZED SYSTEM OF PREFERENCE PROGRAM (GSP 
(15 CFR PART 2007))--Table of Contents
 
Sec. 2007.3  Timetable for reviews.

    (a) Annual review. Beginning in calendar year 1986, reviews of 
pending requests shall be conducted at least once each year, according 
to the following schedule, unless otherwise specified by Federal 
Register notice:
    (1) June 1, deadline for acceptance of petitions for review;
    (2) July 15, Federal Register announcement of petitions accepted for 
review;
    (3) September/October--public hearings and submission of written 
briefs and rebuttal materials;
    (4) December/January--opportunity for public comment on USITC public 
reports;
    (5) Results announced on April 1 will be implemented on July 1, the 
statutory effective date of modifications to the program. If the date 
specified is on or immediately follows a weekend or holiday, the 
effective date will be on the second working day following such weekend 
or holiday.
    (b) Requests filed pursuant to paragraph (a) or (b) of Sec. 2007.0 
which indicate the existence of unusual circumstances warranting an 
immediate review may be considered separately. Requests for such urgent 
consideration should contain a statement of reasons indicating why an 
expedited review is warranted.
    (c) General Review. Section 504(c)(2) of Title V of the Trade Act of 
1974 (19 U.S.C. 2464(c)(2)) requires that, not later than January 4, 
1987 and periodically thereafter, the President conduct a general review 
of eligible articles based on the considerations in sections 501 and 
502(c) of Title V. The initiation and scheduling of such reviews as well 
as the timetable for submission of comments and statements will be 
announced in the Federal Register. The first general review was 
initiated on February 14, 1985 and will be completed by January 3, 1987.
    The initiation of the review and deadlines for submission of 
comments and statements were announced in the Federal Register on 
February 14, 1985 (50 FR 6294).