CBP Seeks Comments on Info Collections for Free Trade Agreements
CBP is seeking comments by June 26 on an existing information collection related to free trade agreements, it said in a notice. CBP proposes to extend the expiration date of this information collection with no changes to the information collected.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Free Trade Agreements
Free trade agreements are established to reduce and eliminate trade barriers, strengthen and develop economic relations, and to lay the foundation for further cooperation to expand and enhance benefits of the agreement. These agreements establish free trade by reduced-duty treatment on imported goods. These free trade agreements involve collection of data elements such as information about the importer and exporter of the goods, a description of the goods, tariff classification number, and the preference criterion in the Rules of Origin.
CBP Burden Estimates
CBP estimated 361,000 total annual responses, estimated to create about 722,000 total annual burden hours.
Comments Requested on Ways to Minimize Burden, Etc.
CBP is asking for comments from the general public and other federal agencies on (a) whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimates of the burden of the collection of information; (c) ways to enhance the quality, utility and clarity of the information to be collected; and (d) ways to minimize the burden, including the use of automated collection techniques or the use of other forms of information technology.
(Federal Register 04/27/18)