Commodity Credit Corporation, USDA.
A special import quota for upland cotton is established in accordance with section 136(b) of the Federal Agriculture Improvement and Reform Act of 1996, as amended, (the 1996 Act) under Presidential Proclamation 6301 of June 7, 1991, and Presidential Proclamation 6948 of October 29, 1996. The quota is referenced as the Commodity Credit Corporation Special Cotton Import Quota Announcement Number 3 and is set forth in subheading 9903.52.03, subchapter III, chapter 99 of the Harmonized Tariff Schedule of the United States (HTS).
The special quota is subject to an established date and applies to upland cotton purchased not later than 90 days from the established date and entered into the United States not later than 180 days from the established date. Dates applicable to the special import quota are contained in a table following this notice.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Scott O. Sanford, Farm Service Agency, United States Department of Agriculture, STOP 0515, 1400 Independence Avenue, SW., Washington, DC 20013-0515 or call (202) 720-3392.End Further Info End Preamble Start Supplemental Information
The 1996 Act requires that a special global import quota for upland cotton be determined and announced immediately if, for any consecutive 4-week period, the Friday through Thursday average price quotation for the lowest-priced U.S. growth, as quoted for Middling 13/32 inch cotton, C.I.F. northern Europe (U.S. Northern Europe price), adjusted for the value of any cotton user marketing certificates issued, exceeds the Northern Europe price by more than 1.25 cents per pound. This condition was met for the consecutive 4-week period ending March 28, 2002. Therefore, the quota referenced as Special Cotton Import Quota Announcement Number 3 is established subject to the following dates and quantities.
The special import quota identifies a quantity of imports that is not subject to the over-quota tariff rate of a tariff-rate quota. The quota is not divided by staple length or by country of origin. The quota does not affect existing tariff rates or phytosanitary regulations. The quota does not apply to extra long staple cotton.Start Signature
Signed at Washington, DC, on May 23, 2002.
James R. Little,
Executive Vice President, Commodity Credit Corporation.
|Secretary of Agriculture's cotton import quota announcement||HTS subheading||News release date||Quota start date||90-Day purchase date||180-Day import date||Quota amount (kilograms)||3-Month consumption base period|
|Number 3||9903.52.03||3/28/02||4/04/02||7/02/02||9/30/02||30,861,402||December 2001- February 2002.|
[FR Doc. 02-14006 Filed 6-4-02; 8:45 am]
BILLING CODE 3410-05-P