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Voluntary Self-Disclosure, Commodity Export Sale Info Collections Under Review

Wednesday, January 29, 2014
Sandler, Travis & Rosenberg Trade Report

The Bureau of Industry and Security is requesting comments no later than Feb. 28 on the proposed extension of an information collection that provides a method for industry members to voluntarily self-disclose antiboycott violations.

The Department of Agriculture’s Foreign Agricultural Service is accepting comments through Feb. 28 on an information collection entitled “Export Sales (Reporting Program) of U.S. Agricultural Commodities.” U.S. exporters are required to report to the FAS information on the quantity of a reportable commodity to be sold to a foreign buyer, the country of destination and the marketing year of shipment. The collected information provides up-to-date market data for making rational export policy decisions to prevent market disruptions. FAS reports the information to the public so that all market participants can be aware of such sales and can evaluate the effects of exports on supply and demand estimates of production, prices and sales.

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