[Federal Register Volume 68, Number 53 (Wednesday, March 19, 2003)]
[Notices]
[Page 13324]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-6485]


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INTERNATIONAL TRADE COMMISSION

[Investigation. No. TA-2104-5]


U.S.-Chile Free Trade Agreement: Potential Economywide and 
Selected Sectoral Effects

AGENCY: United States International Trade Commission.

ACTION: Institution of investigation.

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SUMMARY: Following receipt of a request on January 21, 2003, from the 
United States Trade Representative (USTR), the Commission instituted 
investigation No. TA-2104-5, U.S.-Chile Free Trade Agreement: Potential 
Economywide and Selected Sectoral Effects, under section 2104(f) of the 
Trade Act of 2002 (19 U.S.C. 3804(f)).

Background

    As requested by the USTR, the Commission will prepare a report as 
specified in section 2104(f)(2)-(3) of the Trade Act of 2002 assessing 
the likely impact of the U.S.-Chile FTA on the United States economy as 
a whole and on specific industry sectors and the interests of U.S. 
consumers. The report will assess the likely impact of the agreement on 
the United States economy as a whole and on specific industry sectors, 
including the impact the agreement will have on the gross domestic 
product, exports and imports, aggregate employment and employment 
opportunities, the production, employment, and competitive position of 
industries likely to be significantly affected by the agreement and the 
interests of United States consumers.
    In preparing its assessment, the Commission will review available 
economic assessments regarding the agreement, including literature 
regarding any substantially equivalent proposed agreement, and will 
provide in its assessment a description of the analyses used and 
conclusions drawn in such literature, and a discussion of areas of 
consensus and divergence between the various analyses and conclusions, 
including those of the Commission regarding the agreement.
    Section 2104(f)(2) requires that the Commission submit its report 
to the President and the Congress not later than 90 days after the 
President enters into the agreement, which he can do 90 days after he 
notifies the Congress of his intent to do so. The President notified 
the Congress on January 30, 2003, of his intent to enter into an FTA 
with Chile.
    The ITC has begun its assessment, and it will seek public input for 
the investigation when a public version of the agreement is made 
available by the U.S. Trade Representative. The ITC will issue a 
follow-up Federal Register notice and media advisory when it schedules 
this portion of its investigation.

FOR FURTHER INFORMATION CONTACT: Information may be obtained from James 
Stamps, Project Leader, Office of Economics (202-205-3227). For 
information on the legal aspects of this investigation, contact William 
Gearhart of the Office of the General Counsel (202-205-3091). For media 
information, contact Peg O'Laughlin (202-205-1819). Hearing impaired 
individuals are advised that information on this matter can be obtained 
by contacting the TDD terminal on (202-205-1810).
    List of Subjects: Chile, tariffs, trade, imports and exports.

    By order of the Commission.

    Issued: March 13, 2003.
Marilyn R. Abbott,
Secretary.
[FR Doc. 03-6485 Filed 3-18-03; 8:45 am]
BILLING CODE 7020-02-P