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NEWS RELEASE 01136; November 9, 2001 November 9, 2001
News Release 01-136
Inv. No. 332-426

REFORM OF NATURAL GAS MARKETS PROMOTES GROWTH OF INTERNATIONAL TRADE IN SERVICES

Market reforms that permit private sector participation and competition in the natural gas industry directly promote growth in international trade in services, reports the U.S. International Trade Commission (ITC) in its publication Natural Gas Services: Recent Reforms in Selected Markets.

The ITC, an independent, nonpartisan, factfinding federal agency, completed the investigation at the request of the United States Trade Representative (USTR). The ITC report examines the nature and extent of natural gas industry reforms in Argentina, Australia, Brazil, Canada, Korea, Japan, Mexico, Spain, and the United Kingdom. Following are highlights of the report.

Natural Gas Services: Recent Reforms in Selected Markets (Investigation No. 332-426, USITC publication 3458, October 2001) will be posted in the Publications area of the ITC Internet site at www.usitc.gov. A printed copy may be requested by calling 202-205-1809 or by writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, DC, 20436. Requests may also be made by fax to 202-205-2104.

ITC general factfinding investigations, such as this one, cover matters related to tariffs or trade. The investigations are generally conducted at the request of USTR, the Senate Committee on Finance, or the House Committee on Ways and Means; the ITC may also self-initiate investigations. The resulting reports convey the Commission's objective findings and independent analyses on the subjects investigated. The Commission makes no recommendations on policy or other matters in its general factfinding reports. Upon completion of each investigation, the ITC submits its findings and analyses to the requester. General factfinding investigation reports are subsequently released to the public, unless they are classified by the requester for national security reasons.

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