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U.S. Code as of:
01/19/04
Section 3204. International Trade Commission reports on impact of this chapter
(a) Reporting requirements
(1) In general
The United States International Trade Commission (in this
section referred to as the "Commission") shall submit to Congress
and the President biennial reports regarding the economic impact
of this chapter on United States industries and consumers, and,
in conjunction with other agencies, the effectiveness of this
chapter in promoting drug-related crop eradication and crop
substitution efforts of the beneficiary countries.
(2) Submission
During the period that this chapter is in effect, the report
required by paragraph (1) shall be submitted on December 31 of
each year that the report required by section 2704 of this title
is not submitted.
(3) Treatment of Puerto Rico, etc.
For purposes of this section, industries in the Commonwealth of
Puerto Rico and the insular possessions of the United States are
considered to be United States industries.
(b) Report requirements
(1) Each report required under subsection (a) of this section
shall include, but not be limited to, an assessment by the
Commission regarding -
(A) the actual effect, during the period covered by the report,
of this chapter on the United States economy generally as well as
on those specific domestic industries which produce articles that
are like, or directly competitive with, articles being imported
into the United States from beneficiary countries;
(B) the probable future effect that this chapter will have on
the United States economy generally, as well as on such domestic
industries, before the provisions of this chapter terminate; and
(C) the estimated effect that this chapter has had on the
drug-related crop eradication and crop substitution efforts of
the beneficiary countries.
(2) In preparing the assessments required under paragraph (1),
the Commission shall, to the extent practicable -
(A) analyze the production, trade and consumption of United
States products affected by this chapter, taking into
consideration employment, profit levels, and use of productive
facilities with respect to the domestic industries concerned, and
such other economic factors in such industries as it considers
relevant, including prices, wages, sales, inventories, patterns
of demand, capital investment, obsolescence of equipment, and
diversification of production; and
(B) describe the nature and extent of any significant change in
employment, profit levels, and use of productive facilities, and
such other conditions as it deems relevant in the domestic
industries concerned, which it believes are attributable to this
chapter.
(c) Submission dates; public comment
(1) Each report required under subsection (a) of this section
shall be submitted to the Congress before the close of the 9-month
period beginning on the day after the last day of the period
covered by the report.
(2) The Commission shall provide an opportunity for the
submission by the public, either orally or in writing, or both, of
information relating to matters that will be addressed in the
reports.
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