The International Trade Commission has launched a new fact-finding investigation on Pacific Island trade and investment with the U.S., including impediments to and opportunities for increased goods and services exports to the U.S. and U.S. investment in the region.
At the conclusion of this investigation the ITC will issue a public report that provides the following information.
- an overview of the Pacific Island economies, including major sectors in production, consumption, trade, and employment
- goods and services exports from the Pacific Islands during the period 2017 to 2021 and major factors that impact those exports to the U.S.
- the use of the U.S. General System of Preferences program by Pacific Island countries, goods from these islands that enter the U.S. under GSP, sectors in which GSP might be underutilized, and factors affecting utilization
- foreign investment in the Pacific Islands during the period 2017 to 2021 and major factors affecting investment from the U.S.
- major products (including goods covered by GSP) and services in the Pacific Islands with greatest potential for export sales to the U.S., sectors with U.S. investment potential, factors that impede trade and investment with the U.S. for these products and sectors, and initiatives and/or technical assistance that could address such impediments
The ITC will hold a public hearing in connection with this investigation Feb. 14, 2023. Requests to appear at the hearing are due by Jan. 31 and written submissions for the record are due by April 17. The ITC expects to submit its report to the Office of the U.S. Trade Representative by Sept. 29, 2023.
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