Limitation of Duty-free Imports of Apparel Articles Assembled in Haiti under the Haitian Hemispheric Opportunity Through Partnership for Encouragement Act (HOPE), 77015 [E8-30115]
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Federal Register / Vol. 73, No. 244 / Thursday, December 18, 2008 / Notices
COMMITTEE FOR THE
IMPLEMENTATION OF TEXTILE
AGREEMENTS
Limitation of Duty-free Imports of
Apparel Articles Assembled in Haiti
under the Haitian Hemispheric
Opportunity Through Partnership for
Encouragement Act (HOPE)
December 12, 2008.
AGENCY: Committee for the
Implementation of Textile Agreements
(CITA).
ACTION: Notification of Annual
Quantitative Limit on Certain Apparel
under HOPE
EFFECTIVE DATE:
December 18, 2008.
FOR FURTHER INFORMATION CONTACT:
Maria Dybczak, International Trade
Specialist, Office of Textiles and
Apparel, U.S. Department of Commerce,
(202) 482-3651.
SUPPLEMENTARY INFORMATION:
mstockstill on PROD1PC66 with NOTICES
Authority: The Caribbean Basin Recovery
Act (‘‘CBERA’’), as amended by the Haitian
Hemispheric Opportunity Through
Partnership for Encouragement Act of 2006
(collectively, ‘‘HOPE’’), Title V of the Tax
Relief and Health Care Act of 2006 and the
Food, Conservation, and Energy Act of 2008
(‘‘HOPE II’’); and Presidential Proclamation
No. 8114, 72 Fed. Reg. 13655, 13659 (March
22, 2007) (‘‘Proclamation’’).
HOPE provides for duty-free
treatment for certain apparel articles
imported directly from Haiti. Section
213A (b)(1)(B) of HOPE outlines the
requirements for certain apparel articles
to qualify for duty-free treatment under
a ‘‘value-added’’ program. In order to
qualify for duty-free treatment, apparel
articles must be wholly assembled, or
knit-to-shape, in Haiti from any
combination of fabrics, fabric
components, components knit-to-shape,
and yarns, as long as the sum of the cost
or value of materials produced in Haiti
or one or more countries, as described
in HOPE, or any combination thereof,
plus the direct costs of processing
operations performed in Haiti or one or
more countries, as described in HOPE,
or any combination thereof, is not less
than an applicable percentage of the
declared customs value of such apparel
articles. For the period December 20,
2008 through December 19, 2009, the
applicable percentage is 50 percent.
For every twelve month period
following the effective date of HOPE,
duty-free treatment under the valueadded program is subject to a
quantitative limitation, HOPE provides
that the quantitative limitation will be
recalculated for each subsequent 12month period. Section 213A (b)(1)(C) of
HOPE, as amended by HOPE II, requires
VerDate Aug<31>2005
19:13 Dec 17, 2008
Jkt 217001
that, for the twelve-month period
beginning on December 20, 2008, the
quantitative limitation for qualifying
apparel imported from Haiti under the
value-added program will be an amount
equivalent to 1.25 percent of the
aggregate square meter equivalent of all
apparel articles imported into the
United States in the most recent 12month period for which data are
available.
For purposes of this notice, the most
recent 12-month period for which data
are available as of December 20, 2008 is
the 12-month period ending on October
31, 2008. Therefore, for the one-year
period beginning on December 20, 2008
and extending through December 19,
2009, the quantity of imports eligible for
preferential treatment under the valueadded program is 305,093,845 square
meters equivalent. Apparel articles
entered in excess of these quantities will
be subject to otherwise applicable
tariffs.
These quantities are calculated using
the aggregate square meters equivalent
of all apparel articles imported into the
United States, derived from the set of
Harmonized System lines listed in the
Annex to the World Trade Organization
Agreement on Textiles and Clothing
(‘‘ATC’’), and the conversion factors for
units of measure into square meter
equivalents used by the United States in
implementing the ATC.
Janet E. Heinzen,
Acting Chairman, Committee for the
Implementation of Textile Agreements.
[FR Doc. E8–30115 Filed 12–17–08; 8:45 am]
BILLING CODE 3510–DS
COMMODITY FUTURES TRADING
COMMISSION
Order: (1) Pursuant to Section 4(c) of
the Commodity Exchange Act (a)
Permitting Eligible Swap Participants
To Submit for Clearing and ICE Clear
U.S., Inc. and Futures Commission
Merchants To Clear Certain Over-TheCounter Agricultural Swaps and (b)
Determining Certain Floor Brokers and
Traders To Be Eligible Swap
Participants; and (2) Pursuant to
Section 4d of the Commodity
Exchange Act, Permitting Certain
Customer Positions in the Foregoing
Swaps and Associated Property To Be
Commingled With Other Property Held
in Segregated Accounts
AGENCY: Commodity Futures Trading
Commission.
ACTION: Order.
On December 7, 2007, the
Commodity Futures Trading
SUMMARY:
PO 00000
Frm 00016
Fmt 4703
Sfmt 4703
77015
Commission (‘‘CFTC’’ or
‘‘Commission’’) published for public
comment requests (a) to permit ICE
Clear U.S., Inc. (‘‘ICE Clear’’) to clear
certain over-the-counter (‘‘OTC’’) swap
contracts and (b) to determine that
certain ICE Futures U.S., Inc. (‘‘ICE
Futures’’) floor brokers and traders are
Eligible Swap Participants (‘‘ESPs’’) for
the purpose of trading those OTC swaps
(‘‘Notice.’’).1 On January 7, 2008, the
comment period was extended to
February 6, 2008.2 ICE Clear also filed
a request for an order pursuant to
Section 4d of the Commodity Exchange
Act (‘‘CEA’’ or ‘‘Act’’) to allow ICE Clear
and Futures Commission Merchants
(‘‘FCMs’’) clearing through ICE Clear to
commingle positions in those cleared
OTC swap contracts and property
supporting those positions with
property and positions otherwise
required to be held in customer
segregated accounts. That request was
published on the CFTC’s Web site for
public comment during the same
timeframe with the same comment
deadline. The Commission has reviewed
the comments made in response to the
requests for comment and the entire
record in this matter and has
determined to issue an order granting
the requests.
DATES: Effective Date: December 12,
2008.
FOR FURTHER INFORMATION CONTACT: Lois
J. Gregory, Special Counsel, 816–960–
7719, lgregory@cftc.gov, or Robert B.
Wasserman, Associate Director, 202–
418–5092, rwasserman@cftc.gov,
Division of Clearing and Intermediary
Oversight; or Duane C. Andresen, Senior
Special Counsel, 202–418–5492,
dandresen@cftc.gov, Division of Market
Oversight, Commodity Futures Trading
Commission, Three Lafayette Centre,
1151 21st Street, NW., Washington, DC
20581.
SUPPLEMENTARY INFORMATION:
I. The ICE Clear 4(c) Petition
ICE Clear, the clearing organization
for ICE Futures, sought to offer ESPs
who enter into certain bilateral swap
transactions involving coffee, sugar, or
cocoa the opportunity to submit them to
ICE Clear for clearing. ICE Clear
represented that swap transactions in
various agricultural products, including
coffee, sugar, and cocoa, currently trade
in OTC markets exempt from provisions
of the CEA pursuant to Part 35 of the
Commission’s regulations,3 that these
swap agreements are commonly entered
1 72
FR 68862 (December 7, 2007).
FR 1205 (January 7, 2008).
3 17 CFR Part 35.
2 73
E:\FR\FM\18DEN1.SGM
18DEN1
Agencies
[Federal Register Volume 73, Number 244 (Thursday, December 18, 2008)]
[Notices]
[Page 77015]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-30115]
[[Page 77015]]
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COMMITTEE FOR THE IMPLEMENTATION OF TEXTILE AGREEMENTS
Limitation of Duty-free Imports of Apparel Articles Assembled in
Haiti under the Haitian Hemispheric Opportunity Through Partnership for
Encouragement Act (HOPE)
December 12, 2008.
AGENCY: Committee for the Implementation of Textile Agreements (CITA).
ACTION: Notification of Annual Quantitative Limit on Certain Apparel
under HOPE
-----------------------------------------------------------------------
EFFECTIVE DATE: December 18, 2008.
FOR FURTHER INFORMATION CONTACT: Maria Dybczak, International Trade
Specialist, Office of Textiles and Apparel, U.S. Department of
Commerce, (202) 482-3651.
SUPPLEMENTARY INFORMATION:
Authority: The Caribbean Basin Recovery Act (``CBERA''), as
amended by the Haitian Hemispheric Opportunity Through Partnership
for Encouragement Act of 2006 (collectively, ``HOPE''), Title V of
the Tax Relief and Health Care Act of 2006 and the Food,
Conservation, and Energy Act of 2008 (``HOPE II''); and Presidential
Proclamation No. 8114, 72 Fed. Reg. 13655, 13659 (March 22, 2007)
(``Proclamation'').
HOPE provides for duty-free treatment for certain apparel articles
imported directly from Haiti. Section 213A (b)(1)(B) of HOPE outlines
the requirements for certain apparel articles to qualify for duty-free
treatment under a ``value-added'' program. In order to qualify for
duty-free treatment, apparel articles must be wholly assembled, or
knit-to-shape, in Haiti from any combination of fabrics, fabric
components, components knit-to-shape, and yarns, as long as the sum of
the cost or value of materials produced in Haiti or one or more
countries, as described in HOPE, or any combination thereof, plus the
direct costs of processing operations performed in Haiti or one or more
countries, as described in HOPE, or any combination thereof, is not
less than an applicable percentage of the declared customs value of
such apparel articles. For the period December 20, 2008 through
December 19, 2009, the applicable percentage is 50 percent.
For every twelve month period following the effective date of HOPE,
duty-free treatment under the value-added program is subject to a
quantitative limitation, HOPE provides that the quantitative limitation
will be recalculated for each subsequent 12-month period. Section 213A
(b)(1)(C) of HOPE, as amended by HOPE II, requires that, for the
twelve-month period beginning on December 20, 2008, the quantitative
limitation for qualifying apparel imported from Haiti under the value-
added program will be an amount equivalent to 1.25 percent of the
aggregate square meter equivalent of all apparel articles imported into
the United States in the most recent 12-month period for which data are
available.
For purposes of this notice, the most recent 12-month period for
which data are available as of December 20, 2008 is the 12-month period
ending on October 31, 2008. Therefore, for the one-year period
beginning on December 20, 2008 and extending through December 19, 2009,
the quantity of imports eligible for preferential treatment under the
value-added program is 305,093,845 square meters equivalent. Apparel
articles entered in excess of these quantities will be subject to
otherwise applicable tariffs.
These quantities are calculated using the aggregate square meters
equivalent of all apparel articles imported into the United States,
derived from the set of Harmonized System lines listed in the Annex to
the World Trade Organization Agreement on Textiles and Clothing
(``ATC''), and the conversion factors for units of measure into square
meter equivalents used by the United States in implementing the ATC.
Janet E. Heinzen,
Acting Chairman, Committee for the Implementation of Textile
Agreements.
[FR Doc. E8-30115 Filed 12-17-08; 8:45 am]
BILLING CODE 3510-DS