ITC STUDY FINDS THAT DEVELOPED COUNTRIES
DOMINATE THE GLOBAL MARKET FOR SOLID AND HAZARDOUS WASTE SERVICES
There seems to be a significant relationship between economic welfare and the character of national solid and hazardous waste services markets, reports the U.S. International Trade Commission (ITC) in its study Solid and Hazardous Waste Services: An Examination of U.S. and Foreign Markets.
In most developed countries, the environmental services sector as a whole, and the solid and hazardous waste services segments in particular, are considered mature industries characterized by reduced profitability and excess capacity. By contrast, solid and hazardous waste services markets in many developing countries are small, but are experiencing rapid growth, according to the report.
The ITC, an independent, nonpartisan, factfinding federal agency, conducted the investigation at the request of the U.S. Trade Representative (USTR). The report provides an overview of foreign and domestic markets for solid and hazardous waste services; examines trade and investment in solid and hazardous waste services markets, including barriers affecting such trade and investment; and discusses existing regulatory practices.
As requested by the USTR, the investigation focused principally on the collection of solid and hazardous waste from households and industry; the treatment and disposal of solid and hazardous waste by various means; the collection, separation, and sorting of recyclable materials; waste compacting; waste reduction services; and incidental services. Highlights of the report follow.
Solid and Hazardous Waste Services: An Examination of U.S. and Foreign Markets (Investigation No. 332-455, USITC publication 3679, April 2004) will be posted in the Publications area of the ITC Internet site at www.usitc.gov. A printed or CD-ROM 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 finding and analyses to the requestor. General factfinding investigation reports are subsequently released to the public, unless they are classified by the requestor for national security reasons.