The U.S. International Trade Commission (USITC) is undertaking a new factfinding investigation on Pacific Island trade and investment with the United States, including impediments to and opportunities for increased goods and services exports to the United States and U.S. investment in the Pacific Islands.
The investigation, U.S.-Pacific Islands Trade and Investment: Impediments and Opportunities, Inv. No. 332-593, was requested by the U.S. Trade Representative (USTR) in a letter received on September 29, 2022.
As requested, the USITC, an independent, nonpartisan, factfinding federal agency, will prepare a public report for the USTR. The report will provide, to the extent practicable:
an overview of the Pacific Island economies, including major sectors in production, consumption, trade, and employment.
a description of goods and services exports from the Pacific Islands during the period 2017–21, and identification of major factors that impact those exports to the United States.
a description of the use of the U.S. General System of Preferences (GSP) program by the Pacific Island countries and identification of the goods from the Pacific Islands that enter the United States under GSP, sectors in which these programs might be underutilized, and factors affecting utilization of GSP.
a description of foreign investment in the Pacific Islands during the period 2017-21; and identification of major factors affecting investment from the United States.
identification of major products (including goods covered by the GSP program) and services in the Pacific Islands with greatest potential for export sales to the United States, sectors with U.S. investment potential, and the factors that impede trade and investment with the United States for these products and sectors using qualitative analysis and, to the extent data are available, quantitative analysis.
a description of initiatives and/or technical assistance that could address such trade and investment impediments, if found during the Commission’s research.
The USITC expects to submit its report to the USTR by September 29, 2023.
The USITC will hold a public hearing in connection with the investigation at 9:30 a.m. on February 14, 2023. A link to the hearing will be posted on the Commission’s website at https://www.usitc.gov/calendarpad/calendar.html. Read More→
https://www.usitc.gov/press_room/news_release/2022/er1028ll2006.htm
