The Federal Maritime Commission (FMC) has issued its 2003 Management Discussion and Analysis report covering fiscal year (FY) 2003 audited financial statements. The FMC states that this is the first-ever FMC report of this nature.

The State Department has issued a notice announcing that on February 4, 2003, the Federal Republic of Yugoslavia changed its name to "Serbia and Montenegro."

The Bureau of Industry and Security (BIS) has issued a notice stating that the President's Export Council Subcommittee on Export Administration (PECSEA) will hold a partially open meeting on February 25, 2004 in Washington, DC. According to BIS, PECSEA provides advice on matters regarding portions of the Export Administration Act, as amended, that deal with U.S. policies of encouraging and controlling certain trade. (FR Pub 02/03/04, available at http://a257.g.akamaitech.net/7/257/2422/14mar20010800/edocket.access.gpo.gov/2004/pdf/04-2112.pdf)

(a) The ITA states that La Pointe & Roy, as both producer and exporter, has a de minimis CV rate of 0.08%. As a result, suspension of liquidation continues, but at a CV cash deposit rate of zero.

The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period.

On October 27, 2003, the State Department published a final rule that amended the International Traffic in Arms Regulations (ITAR) to indicate that exporters that are required to report shippers export information for U.S. Munitions List (USML) hardware must use the Automated Export System (AES).

The Federal Maritime Commission (FMC) has issued two notices announcing that it has received two new, similar petitions as described below. According the FMC, interested persons are requested to submit comments on these petitions on or before February 13, 2004.

The Office of the U.S. Trade Representative (USTR) has posted to its Web site the draft text of the U.S.-Central America Free Trade Agreement (CAFTA), which is dated January 28, 2004.

The International Trade Administration (ITA) has issued a notice announcing the opportunity to request administrative reviews of the following antidumping (AD) and countervailing (CV) duty orders or suspended investigations:

The Wall Street Journal (WSJ) reports that the European Union (EU) is poised to impose trade sanctions on billions of dollars of U.S. goods starting in March 2004, as congressional leaders signaled their inability to reach agreement on repeal of the U.S. Foreign Sales Corp./Extraterritorial Income Exclusion Act (FSC/ETI) tax regime. The World Trade Organization (WTO) has ruled this tax deduction illegal and given the EU permission to impose as much as $4 billion in sanctions a year. According to an EU official, if the law isn't repealed, the EU is certain to retaliate starting March 1, 2004. (WSJ Pub, 01/26/04, www.wallstreetjournal.com)