ITC Sets Schedule for 4th Report on DR Apparel Earned Import Program
The International Trade Commission is seeking comments by April 12 for its fourth annual report on the effectiveness of the "Two for One" Earned Import Allowance Program (EIAP) for certain apparel from the Dominican Republic. The ITC is required to conduct this annual review of the EIAP to evaluate the effectiveness of the program and make recommendations for improvements.The EIAP provides an uncapped benefit for duty-free imports of bottoms (woven cotton pants and trousers, bib and brace overalls, breeches and shorts, and skirts and divided skirts) assembled in the Dominican Republic from foreign fabric, provided such imports are accompanied by a certificate documenting the purchase of certain U.S.-produced woven cotton fabric at a ratio of two for one.
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The 2011 EIAP annual report, issued July 2012, said the program is not providing enough incentives to help boost the competitiveness of Dominican apparel exports in the U.S. market, Recommendations in that third report were the same as in the first two -- lowering the two-for-one ratio of U.S. to foreign fabric to a one-for-one ratio; including other types of fabrics and apparel items in the EIAP; and changing the requirement that dyeing, finishing, and printing of eligible fabrics take place in the U.S.
The ITC will transmit its report to the House Ways & Means Committee and the Senate Finance Committee by July 26.
(See 12072703 for summary of last year's report.)
(Federal Register 03/14/13)