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CAFTA-DR, Pima Cotton Trust Fund Information Collections Under Review

Wednesday, August 13, 2014
Sandler, Travis & Rosenberg Trade Report

CAFTA-DR. U.S. Customs and Border Protection is extending through Sept. 12 the period for public comment on the proposed extension of an information collection associated with the Dominican Republic-Central America-United States Free Trade Agreement. To ascertain if imported goods are eligible for preferential tariff treatment under CAFTA-DR, CBP collects a certification that contains information such as the name and contact information for the importer and exporter, information about the producer of the good, a description of the good, the HTSUS tariff classification and the applicable rule of origin.

Pima Cotton. The Department of Agriculture’s Foreign Agricultural Service is accepting comments through Sept. 12 on affidavits used in association with the Pima Agriculture Cotton Trust Fund.

The purpose of this trust fund is to reduce the injury to domestic manufacturers from tariffs on cotton fabric that are higher than tariffs on certain apparel articles made of cotton fabric. The trust fund is composed of funds transferred from the Commodity Credit Corporation in annual amounts of $16 million for each of calendar years 2014 through 2018. Distributions out of the trust fund are payable to (1) one or more nationally recognized associations established for the promotion of pima cotton for use in textile and apparel goods, (2) yarn spinners of pima cotton that produce ring spun cotton yarns in the United States, and (3) manufacturers who cut and sew cotton shirts in the United States who certify that they used imported cotton fabric during calendar year 2013. Eligible claimants must submit a notarized affidavit, and FAS uses the information on these affidavits to certify claimants’ eligibility and authorize payment from the trust fund.

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