WTO News states that the World Trade Organization's (WTO) General Council has given Cambodia another six months (to March 31, 2004) to ratify its membership agreement and join the WTO. (WTO News, dated 02/11/04, available at http://www.wto.org/english/news_e/news04_e/gc_cambodia/11Feb04_.e.htm
The Office of the U.S. Trade Representative (USTR) has issued a press release announcing that USTR Robert Zoellick formally notified Congress, on behalf of the President, of the Administration's intent to initiate negotiations for a free trade agreement (FTA) with Thailand.
Reuters has reported that U.S. lawmakers are unlikely to repeal export tax subsidies that violate global trade rules in time to avoid punitive European Union (EU) trade sanctions on billions of dollars of U.S. goods. According to Reuters, the EU plans to impose a 5% duty on more than $4 billion worth of U.S. exports beginning March 1, 2004 if President Bush has not signed legislation repealing the Foreign Sales Corporation-Extraterritorial Income (FSC-ETI) tax regime. (Reuters Pub 02/13/04, available at http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=4355783)
The State Department's Washington File has reported that trade officials from the 34 democratic nations of the Western Hemisphere were unable to craft a common and balanced set of rights and obligations for the Free Trade Area of the Americas (FTAA) and agreed to recess on February 6, 2004. According to the Washington File, a U.S. trade official has stated that FTAA negotiations are set to resume in March. (Washington File Pub, dated 02/09/04, available at http://usinfo.state.gov/xarchives/display.html?p=washfile-english&y=2004&m=February&x=20040209170029ASrelliM0.971554&t=livefeeds/wf-latest.html)
According to the Washington File, the State Department has stated that few of the 27 nations participating in the U.S. Visa Waiver Program (VWP) have indicated that they would be able to meet an October 26, 2004 deadline requiring that they issue machine readable passports that incorporate biometric identifiers. Under the VWP, citizens of the 27 countries are able to enter the U.S. for tourism or business for 90 days or less without obtaining a visa. (Washington File Pub 02/03/04, available at http://usinfo.state.gov/topical/pol/terror/texts/04020305.htm)
U.S. Customs and Border Protection (CBP) has issued to the ports and posted to its Web site separate instructions regarding (1) the use of visas to make claims for duty-free treatment under the African Growth and Opportunity Act (AGOA) for qualifying textile and/or apparel articles (textile articles) from Benin that are entered, or withdrawn from warehouse, for consumption on or after January 28, 2004, and (2) quota reporting for certain apparel articles from Benin that are subject to the AGOA aggregate tariff preference level (TPL) and its sublimit.
U.S. Customs and Border Protection (CBP) has issued a 15-page memorandum containing its instructions on the filing and substantiation of claims for preferential tariff treatment made under the U.S.-Singapore Free Trade Agreement (SFTA).
The Office of the U.S. Trade Representative (USTR) has issued a press release announcing that on February 8, 2004, the U.S. and Australia concluded a free trade agreement (FTA) which is designed to, among other things, eliminate and reduce tariffs and other trade barriers. The USTR states that the text of this FTA will be made public in the near future.
The International Trade Commission (ITC) has initiated a review to provide advice to the U.S. Trade Representative (USTR) concerning a petition filed under the "commercial availability" provisions of the African Growth and Opportunity Act (AGOA), U.S.-Caribbean Basin Trade Partnership Act (CBTPA), and Andean Trade Promotion and Drug Eradication Act (ATPDEA) on apparel of certain combed compact yarns. Written comments are due by February 13, 2004. (See ITT's Online Archives or 01/27/04 news, 04012725, for BP summary of the Committee for the Implementation of Textile Agreement's (CITA's) related notice.) (ITC notice, dated 02/02/04, available at http://www.usitc.gov/332s/shortsup/332_458_001nl.pdf)
On January 23, 2004, President Bush signed into law (Public Law (P.L.) 108-199) the conference version of the fiscal year (FY) 2004 omnibus appropriations bill (H.R. 2673), entitled the "Consolidated Appropriations Act, 2004." P.L. 108-199 includes eight separate appropriations measures that provide FY 2004 appropriations for the Departments of Agriculture, Commerce, Education, Health and Human Services, Housing and Urban Development, Justice, Labor, State, Transportation, Treasury, Veterans Affairs, etc.