Agreement Suspending the Antidumping Investigation on Honey From the People's Republic of China

DEPARTMENT OF COMMERCE

International Trade Administration

[A-570-838]

Agreement Suspending the Antidumping Investigation on Honey From

the People's Republic of China

AGENCY: Import Administration, International Trade Administration,

Department of Commerce.

ACTION: Notice of amendment to the agreement between the United States

Department of Commerce and the Government of the People's Republic of

China Suspending the Antidumping Investigation on Honey from the

People's Republic of China.

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SUMMARY: The Department of Commerce and the Government of the People's

Republic of China have signed an Amendment to the Agreement Suspending

the Antidumping Investigation on Honey from China.

EFFECTIVE DATE: July 1, 1998.

FOR FURTHER INFORMATION CONTACT: Abdelali Elouaradia at 202/482-2243,

or

[[Page 20579]]

James C. Doyle at 202/482-0159, Import Administration, International

Trade Administration, U.S. Department of Commerce, 14th Street and

Constitution Avenue, N.W., Washington, D.C. 20230.

SUPPLEMENTARY INFORMATION:

Background

On March 4, 1998, the Department and the Government of the People's

Republic of China initialed an Amendment to change the base period for

calculating reference prices from the most recent six months of data to

the most recent three months of data. The purpose of this amendment is

to allow the reference prices to conform more closely to market

conditions. The Department subsequently released the Amendment to

interested parties for comment. After careful consideration by the

Department of the comments submitted on March 24, 1998, and further

consultations between the parties, the Department and the Government of

the People's Republic of China signed a final Amendment on April 13,

1998. The text of the final Amendment follows this notice.

Dated: April 16, 1998.

Joseph A. Spetrini,

Acting Assistant Secretary for Import Administration.

The United States Department of Commerce and the Government of the

People's Republic of China (PRC) hereby amend Section IV. REFERENCE

PRICE of the Agreement Suspending the Antidumping Investigation on

Honey from the PRC, signed August 2, 1995 to read as follows:

Section IV. REFERENCE PRICE

The reference prices are equal to the product of 92 percent and the

weighted-average of the honey unit import values from all other

countries based on the most recent three months of data at the time the

reference price is calculated. The source of the unit import values is

publicly available United States trade statistics from the United

States Bureau of the Census.

This amendment shall apply to all reference prices effective on and

after July 1, 1998.

Dated: April 10, 1998.

Robert S. LaRussa,

For the United States Department of Commerce.

Dated: April 13, 1998.

Qian Changyong,

For the Ministry of Foreign Trade and Economic Cooperation, PRC.

[FR Doc. 98-10998 Filed 4-24-98; 8:45 am]

BILLING CODE 3510-DS-P