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ผู้เขียน หัวข้อ: United States; Washington, DC—USA Customs to Dump Bonding Requirement  (อ่าน 2213 ครั้ง)
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« เมื่อ: มกราคม 25, 2009, 01:24:10 PM »

United States; Washington, DC—USA Customs to Dump Bonding Requirement

 
Five years after the shrimp dumping case was initiated, USA Customs is now dismantling one of its most odious requirements: the need for 100% continuous bonds in an amount sufficient to cover duties for an entire year.  All other commodities imported into the USA have bonds applicable to that shipment’s value, which are then rolled over and applied to a subsequent shipment.
 
The net effect of the 100% continuous bond requirement was a significant import barrier that effectively blocked exports from India and Brazil, and greatly increased the expense of imports from China, Vietnam, Thailand and Ecuador.
 
Thailand and India took the USA to the World Trade Organization (WTO) over this requirement, and won their case.  When the USA appealed, the dispute settlement body again ruled against the continuous bonds, partly on the grounds that they were being applied in a discriminatory way because only a single commodity was impacted and only importers from certain countries were affected.
 
Now Customs is ready to comply with the WTO ruling.  It has published a notice of its proposed rule in the federal register and will accept comments until February 11, 2009.  After that, it will issue the final rule.
 
Shrimp importers can request termination of existing continuous bonds pursuant to 19 CFR 113.27(a) and submit a new continuous bond application pursuant to 19 CFR 113.12(b).
 
What this means is that once Customs publishes the notice, no further continuous bonds will be required for new shrimp imports.  Importers will have to ask Customs to terminate the existing bond and replace it.  So it will be up to each importer to terminate its current bond.  The notice of this action was published in the federal register on January 9, 2009.
 
Source: Seafood.com (an online, subscription-based, fisheries news service).  Customs ready to end continuous bond requirements for shrimp importers.  Editor and Publisher, John Sackton (phone 781-861-1441, email jsackton@seafood.com).  January 13, 2009.
 
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