Error processing SSI file
NEWS RELEASE 99-054; APRIL 19, 1999 April 19, 1999
News Release 99-054 -- CORRECTED VERSION (note corrected hearing date)
Inv. No. 332-406

ITC LAUNCHES FACTFINDING INVESTIGATION
TO EXPLORE THE ECONOMIC IMPACT
OF U.S. ECONOMIC SANCTIONS ON INDIA AND PAKISTAN

The U.S. International Trade Commission (ITC) has launched a factfinding investigation concerning U.S. economic sanctions that were automatically imposed on India and Pakistan last year when the two countries detonated nuclear explosive devices.

The investigation, Overview and Analysis of the Economic Impact of U.S. Sanctions With Respect to India and Pakistan, was requested by the U.S. House of Representatives' Committee on Ways and Means.

In its request letter, the Committee noted that last year, the President imposed economic sanctions on India and Pakistan under section 102 of the Arms Export Control Act ("Glenn Amendment"). Because the Glenn Amendment does not provide Presidential waiver authority, U.S. economic sanctions were imposed automatically once the President determined that the two countries had detonated nuclear explosive devices.

The letter further noted that in July, Congress passed section 902 of the India-Pakistan Relief Act of 1998, which authorized the President to waive the application of U.S. sanctions to India and Pakistan, and that on December 1, 1998, the President waived the sanctions after determining that the waiver would increase the likelihood of progress toward U.S. nuclear non-proliferation objectives. The President's waiver authority ends on October 21, 1999. The Committee requested the ITC investigation in anticipation of congressional action during 1999 on sanctions reform legislation and consideration of possible renewal of section 902 of the India-Pakistan Relief Act.

As requested, the ITC, an independent, nonpartisan, factfinding federal agency, will provide the following information in its report:

The ITC will submit its report to the Committee by September 17, 1999.

The ITC will hold a public hearing in connection with this investigation. The hearing will be held on [NOTE CORRECTED DATE] June 22 (and 23 if necessary), 1999, at 9:30 a.m. at the ITC Building, 500 E Street, SW, Washington, DC. Requests to appear at the public hearing should be filed no later than 5:15 p.m. on June 8, 1999, with the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, DC 20436. For hearing-related information, contact the Office of the Secretary at 202-205-1806.

The ITC also welcomes written submissions for the record in this investigation. Written statements (one original and 14 copies) should be submitted at the earliest practical date but no later than 5:15 p.m. on July 6, 1999. All written submissions, except for confidential business information, will be available for public inspection. Written submissions should be addressed to the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, D.C. 20436.

Further information on the scope of the investigation and appropriate submissions is available in the ITC's notice of investigation, dated April 19, 1999, which may be obtained from the ITC Internet server (www.usitc.gov) or by contacting the Office of the Secretary at the above address or at 202-205-1806.

-- 30 --