Reporting for Calendar Year 2015 on Offsets Agreements Related to Sales of Defense Articles or Defense Services to Foreign Countries or Foreign Firms, 20618 [2016-08078]
Download as PDF
<![CDATA[
20618
Federal Register / Vol. 81, No. 68 / Friday, April 8, 2016 / Notices
For further information, contact Pierre
Duy at Pierre.Duy@trade.gov or (202)
482–1378.
Dated: March 31, 2016.
Andrew McGilvray,
Executive Secretary.
[FR Doc. 2016–08144 Filed 4–7–16; 8:45 am]
BILLING CODE 3510–DS–P
DEPARTMENT OF COMMERCE
Bureau of Industry and Security
[Docket No. 160329302–6302–01]
Reporting for Calendar Year 2015 on
Offsets Agreements Related to Sales
of Defense Articles or Defense
Services to Foreign Countries or
Foreign Firms
Bureau of Industry and
Security, Department of Commerce.
ACTION: Notice; annual reporting
requirements.
AGENCY:
This notice is to remind the
public that U.S. firms are required to
report annually to the Department of
Commerce (Commerce) information on
contracts for the sale of defense articles
or defense services to foreign countries
or foreign firms that are subject to
offsets agreements exceeding $5,000,000
in value. U.S. firms are also required to
report annually to Commerce
information on offsets transactions
completed in performance of existing
offsets commitments for which offsets
credit of $250,000 or more has been
claimed from the foreign representative.
This year, such reports must include
relevant information from calendar year
2015 and must be submitted to
Commerce no later than June 15, 2016.
ADDRESSES: Submit reports in both hard
copy and electronically. Address the
hard copy to ‘‘Offsets Program Manager,
U.S. Department of Commerce, Office of
Strategic Industries and Economic
Security, Bureau of Industry and
Security (BIS), Room 3878, Washington,
DC 20230’’. Submit electronic copies toy
to OffsetReport@bis.doc.gov.
FOR FURTHER INFORMATION CONTACT:
Ronald DeMarines, Office of Strategic
Industries and Economic Security,
Bureau of Industry and Security, U.S.
Department of Commerce, telephone:
202–482–3755; fax: 202–482–5650;
email: ronald.demarines@bis.doc.gov.
SUPPLEMENTARY INFORMATION:
mstockstill on DSK4VPTVN1PROD with NOTICES
SUMMARY:
Background
Section 723(a)(1) of the Defense
Production Act of 1950, as amended
(DPA) (50 U.S.C. 4568 (2015)) requires
the President to submit an annual report
VerDate Sep<11>2014
17:48 Apr 07, 2016
Jkt 238001
to Congress on the impact of offsets on
the U.S. defense industrial base. Section
723(a)(2) directs the Secretary of
Commerce (Secretary) to prepare the
President’s report and to develop and
administer the regulations necessary to
collect offsets data from U.S. defense
exporters.
The authorities of the Secretary
regarding offsets have been delegated to
the Under Secretary of Commerce for
Industry and Security. The regulations
associated with offsets reporting are set
forth in part 701 of title 15 of the Code
of Federal Regulations. Offsets are
compensation practices required as a
condition of purchase in either
government-to-government or
commercial sales of defense articles
and/or defense services, as defined by
the Arms Export Control Act (22 U.S.C.
2778) and the International Traffic in
Arms Regulations (22 CFR 120–130).
Offsets are also applicable to certain
items controlled on the Commerce
Control list (CCL) and with an Export
Control Classification Number (ECCN)
including the numeral ‘‘6’’ as its third
character. The CCL is found in
Supplement No. 1 to part 774 of the
Export Administration Regulations.
An example of an offset is as follows:
a company that is selling a fleet of
military aircraft to a foreign government
may agree to offset the cost of the
aircraft by providing training assistance
to plant managers in the purchasing
country. Although this distorts the true
price of the aircraft, the foreign
government may require this sort of
extra compensation as a condition of
awarding the contract to purchase the
aircraft. As described in the regulations,
U.S. firms are required to report
information on contracts for the sale of
defense articles or defense services to
foreign countries or foreign firms that
are subject to offsets agreements
exceeding $5,000,000 in value. U.S.
firms are also required to report
annually information on offsets
transactions completed in performance
of existing offsets commitments for
which offsets credit of $250,000 or more
has been claimed from the foreign
representative.
Commerce’s annual report to Congress
includes an aggregated summary of the
data reported by industry in accordance
with the offsets regulation and the DPA
(50 U.S.C. 4568 (2015)). As provided by
section 723(c) of the DPA, BIS will not
publicly disclose individual firm
information it receives through offsets
reporting unless the firm furnishing the
information specifically authorizes
public disclosure. The information
collected is sorted and organized into an
aggregate report of national offsets data,
PO 00000
Frm 00013
Fmt 4703
Sfmt 4703
and therefore does not identify
company-specific information.
In order to enable BIS to prepare the
next annual offset report reflecting
calendar year 2015 data, affected U.S.
firms must submit required information
on offsets agreements and offsets
transactions from calendar year 2015 to
BIS no later than June 15, 2016.
Dated: April 4, 2016.
Kevin J. Wolf,
Assistant Secretary for Export
Administration.
[FR Doc. 2016–08078 Filed 4–7–16; 8:45 am]
BILLING CODE 3510–JT–P
DEPARTMENT OF COMMERCE
International Trade Administration
[A–570–900]
Diamond Sawblades and Parts Thereof
From the People’s Republic of China:
Final Results of Antidumping Duty
Changed Circumstances Review
Enforcement and Compliance,
International Trade Administration,
Department of Commerce.
SUMMARY: On March 3, 2016, the
Department of Commerce (the
Department) published a notice of
initiation and preliminary results of a
changed circumstances review of the
antidumping duty order on diamond
sawblades and parts thereof (diamond
sawblades) from the People’s Republic
of China (the PRC).1 In that notice, we
preliminarily determined that Wuhan
Wanbang Laser Diamond Tools Co., Ltd.
(Wuhan Wanbang Co., Ltd.) is the
successor-in-interest to Wuhan
Wanbang Laser Diamond Tools Co.
(Wuhan Wanbang Co.) for purposes of
determining antidumping duty cash
deposits and liabilities.2 No interested
party submitted comments on or
requested a public hearing to discuss
the Initiation and Preliminary Results.
For these final results, the Department
continues to find that Wuhan Wanbang
Co., Ltd. is the successor-in-interest to
Wuhan Wanbang Co.
DATES: Effective Date: April 8, 2016.
FOR FURTHER INFORMATION CONTACT:
Yang Jin Chun AD/CVD Operations,
Office I, Enforcement and Compliance,
International Trade Administration,
U.S. Department of Commerce, 1401
Constitution Avenue NW., Washington,
DC 20230; telephone: (202) 482–5760.
AGENCY:
1 See Diamond Sawblades and Parts Thereof
From the People’s Republic of China: Initiation and
Preliminary Results of Changed Circumstances
Review, 81 FR 11177 (March 3, 2016) (Initiation and
Preliminary Results).
2 Id.
E:\FR\FM\08APN1.SGM
08APN1
]]>Agencies
[Federal Register Volume 81, Number 68 (Friday, April 8, 2016)]
[Notices]
[Page 20618]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-08078]
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
Bureau of Industry and Security
[Docket No. 160329302-6302-01]
Reporting for Calendar Year 2015 on Offsets Agreements Related to
Sales of Defense Articles or Defense Services to Foreign Countries or
Foreign Firms
AGENCY: Bureau of Industry and Security, Department of Commerce.
ACTION: Notice; annual reporting requirements.
-----------------------------------------------------------------------
SUMMARY: This notice is to remind the public that U.S. firms are
required to report annually to the Department of Commerce (Commerce)
information on contracts for the sale of defense articles or defense
services to foreign countries or foreign firms that are subject to
offsets agreements exceeding $5,000,000 in value. U.S. firms are also
required to report annually to Commerce information on offsets
transactions completed in performance of existing offsets commitments
for which offsets credit of $250,000 or more has been claimed from the
foreign representative. This year, such reports must include relevant
information from calendar year 2015 and must be submitted to Commerce
no later than June 15, 2016.
ADDRESSES: Submit reports in both hard copy and electronically. Address
the hard copy to ``Offsets Program Manager, U.S. Department of
Commerce, Office of Strategic Industries and Economic Security, Bureau
of Industry and Security (BIS), Room 3878, Washington, DC 20230''.
Submit electronic copies toy to OffsetReport@bis.doc.gov.
FOR FURTHER INFORMATION CONTACT: Ronald DeMarines, Office of Strategic
Industries and Economic Security, Bureau of Industry and Security, U.S.
Department of Commerce, telephone: 202-482-3755; fax: 202-482-5650;
email: ronald.demarines@bis.doc.gov.
SUPPLEMENTARY INFORMATION:
Background
Section 723(a)(1) of the Defense Production Act of 1950, as amended
(DPA) (50 U.S.C. 4568 (2015)) requires the President to submit an
annual report to Congress on the impact of offsets on the U.S. defense
industrial base. Section 723(a)(2) directs the Secretary of Commerce
(Secretary) to prepare the President's report and to develop and
administer the regulations necessary to collect offsets data from U.S.
defense exporters.
The authorities of the Secretary regarding offsets have been
delegated to the Under Secretary of Commerce for Industry and Security.
The regulations associated with offsets reporting are set forth in part
701 of title 15 of the Code of Federal Regulations. Offsets are
compensation practices required as a condition of purchase in either
government-to-government or commercial sales of defense articles and/or
defense services, as defined by the Arms Export Control Act (22 U.S.C.
2778) and the International Traffic in Arms Regulations (22 CFR 120-
130). Offsets are also applicable to certain items controlled on the
Commerce Control list (CCL) and with an Export Control Classification
Number (ECCN) including the numeral ``6'' as its third character. The
CCL is found in Supplement No. 1 to part 774 of the Export
Administration Regulations.
An example of an offset is as follows: a company that is selling a
fleet of military aircraft to a foreign government may agree to offset
the cost of the aircraft by providing training assistance to plant
managers in the purchasing country. Although this distorts the true
price of the aircraft, the foreign government may require this sort of
extra compensation as a condition of awarding the contract to purchase
the aircraft. As described in the regulations, U.S. firms are required
to report information on contracts for the sale of defense articles or
defense services to foreign countries or foreign firms that are subject
to offsets agreements exceeding $5,000,000 in value. U.S. firms are
also required to report annually information on offsets transactions
completed in performance of existing offsets commitments for which
offsets credit of $250,000 or more has been claimed from the foreign
representative.
Commerce's annual report to Congress includes an aggregated summary
of the data reported by industry in accordance with the offsets
regulation and the DPA (50 U.S.C. 4568 (2015)). As provided by section
723(c) of the DPA, BIS will not publicly disclose individual firm
information it receives through offsets reporting unless the firm
furnishing the information specifically authorizes public disclosure.
The information collected is sorted and organized into an aggregate
report of national offsets data, and therefore does not identify
company-specific information.
In order to enable BIS to prepare the next annual offset report
reflecting calendar year 2015 data, affected U.S. firms must submit
required information on offsets agreements and offsets transactions
from calendar year 2015 to BIS no later than June 15, 2016.
Dated: April 4, 2016.
Kevin J. Wolf,
Assistant Secretary for Export Administration.
[FR Doc. 2016-08078 Filed 4-7-16; 8:45 am]
BILLING CODE 3510-JT-P
