International Trade Law News
October 24, 2003
WTO Reports Decline in Antidumping Investigations in First Half of 2003
The WTO Secretariat reported today that in the period January 1 to June 30 2003, 18 WTO Members initiated 79 anti-dumping investigations on exports from a total of 30 different countries. This represents a significant decline from the corresponding period of 2002, during which 17 WTO Members had initiated 149 anti-dumping investigations.
The United States initiated the most investigations during the first half of 2003 (16), a decline from the 22 investigations it had initiated during the first half of 2002. India had the second highest number of initiations (12) during the first semester of 2003, down from 25 investigations initiated during the corresponding period in 2002. China reported 11 initiations, while other Members reported 6 or fewer initiations each.
ITC Preliminary Affirmative Injury Determination on Light-Walled Rectangular Pipe from Turkey and Mexico
Today, the U.S. International Trade Commission (ITC) determined by a vote of 5-0 that there is a reasonable indication that a U.S. industry is materially injured or threatened with material injury by reason of imports of light-walled rectangular pipe and tube from Mexico and Turkey.
As a result of the Commission's affirmative determination, the Department of Commerce will continue to conduct its antidumping investigation of imports of light-walled rectangular pipe and tube from Mexico and Turkey, with its preliminary determination due on or about February 16, 2004. For more information see the ITC's press release.
October 23, 2003
USA *Engage Opposes Additional Iran-Libya Sanctions
USA*Engage announces opposition to legislation recently introduced by Rep. Ileana Ros-Lehtinen that would “enhance” U.S. unilateral sanctions on Iran and Libya.
October 22, 2003
Census Advance Notice of Proposed Rulemaking on Mandatory AES and Option 4 Filing
Today the U.S. Census Bureau issued in the Federal Register an advance notice of proposed rulemaking to announce and to solicit comments on the Census Bureau's intent to propose a rule that would make mandatory the filing of all export shipments requiring Shipper's Export Declaration (SED) information on the Automated Export System (AES)/AESDirect.
Census also requests comment on its intention, subject to agreement with the Bureau of Customs and Border Protection (CBP) and other federal agencies participating in the AES, to modify the AES Option 4 post-departure filing program. Written comments on the proposed changes must be submitted to Census by November 21, 2003.
October 20, 2003
FinCen Issues Suspicious Activity Reports (SAR) Data
The Treasury Department's Financial Crimes Enforcement Network (FinCEN) recently issued a comprehensive report containing an overview of Suspicious Activity Reports (SARs) filed by financial institutions, money services business, casinos and by the securities industry.
