U.S. CUSTOMS DISBURSES $329 MILLION IN 2002 UNDER BYRD AMENDMENT

U.S. CUSTOMS DISBURSES $329 MILLION IN 2002 UNDER BYRD AMENDMENT

   U.S. Customs disbursed $329 million dollars in antidumping and countervailing duties in fiscal year 2002 to domestic producers injured by foreign dumping and subsidies.

   The agency is authorized to make these disbursements under the 2000 Continued Dumping and Subsidy Offset Act, or the so-called Byrd Amendment because it was introduced by Sen. Robert Byrd, D-W.Va.

   Customs is making public the name of each claimant, the amount of the claim, and the amount disbursed in relation to the claim.

   “All estimated AD/CV duties and bonds are deposited into the clearing accounts pending final liquidation instructions from the U.S. Department of Commerce,” Customs said. The agency will make this information public in response to comments during the public comment period of the proposed rulemaking process on implementing the Byrd Amendment.

   Both sets of information are available on Customs web site at http://www.customs.gov/xp/cgov/import/add_cvd/.