| Title: | SLA BONUS LUMBER SHIPMENTS |
|---|---|
| Date: | 2000-07-17 |
| To: | abi |
| Links: | previous, next |
TO: DIRECTORS, FIELD OPERATIONS
PORT DIRECTORS
ASSISTANT PORT DIRECTORS, TRADE
FROM: DIRECTOR, TRADE PROGRAMS
SUBJECT: BONUS ALLOCATION FOR SOFTWOOD LUMBER FROM CANADA
PASS TO: IMPORT SPECIALISTS, ENTRY SPECIALISTS AND OTHER INTERESTED
PARTIES SUCH AS BROKERS AND IMPORTERS
BACKGROUND: ARTICLE III OF THE SOFTWOOD LUMBER AGREEMENT (SLA) PROVIDES
FOR "BONUS" ALLOCATIONS OF FEE-FREE SOFTWOOD LUMBER EXPORTS FROM CANADA
FOR EACH CALENDAR QUARTER THAT THE AVERAGE PRICE PER THOUSAND BOARD FEET
EXCEEDS A TRIGGER PRICE. WHEN THE EXPORTED PRODUCT IS IN EXCESS OF 14.7
BILLION BOARD FEET, AND THE AVERAGE PRICE EXCEEDS THE PRESCRIBED TRIGGER
PRICE, PERMIT TYPE CODE "D" IS USED FOR "BONUS" ALLOCATIONS. UNDER THIS
PROVISION, CANADA CAN SHIP AN ADDITIONAL 92 MILLION BOARD FEET FEE-FREE
OF SOFTWOOD LUMBER FOR THE FOUR QUARTERS FOLLOWING THE QUARTER IN WHICH
THE TRIGGER PRICE WAS REACHED.
THE OFFICE OF THE U.S. TRADE REPRESENTATIVE HAS INFORMED CUSTOMS THAT
THE PRESCRIBED TRIGGER PRICING UNDER THE SLA WAS REACHED DURING THE
OCTOBER THROUGH DECEMBER 1999 QUARTER AND THE JANUARY THROUGH MARCH 2000
QUARTER. THUS, THE "BONUS" ALLOCATIONS OF AN ADDITIONAL 92 MILLION
BOARD FEET FEE-FREE MAY BE EXPORTED DURING THE FOUR QUARTERS FOLLOWING
JANUARY 1, 2000 AND AN ADDITIONAL 92 MILLION BOARD FEET FEE-FREE DURING
THE FOUR QUARTERS FOLLOWING APRIL 1, 2000.
ACTION: EFFECTIVE JANUARY 1, 2000, WITH JANUARY-MARCH COUNTING AS THE
FIRST QUARTER OF THE YEAR, AND FOR THE NEXT THREE QUARTERS, AN
ADDITIONAL 92 MILLION BOARD FEET, WITH CATEGORY D PERMITS, MAY BE
ACCEPTED FOR SHIPMENTS OF SOFTWOOD LUMBER SUBJECT TO THE U.S./CANADA
SOFTWOOD LUMBER AGREEMENT. EFFECTIVE APRIL 1, 2000, WITH APRIL-JUNE
COUNTING AS THE FIRST QUARTER OF THE YEAR, AND FOR THE NEXT THREE
QUARTERS, AN ADDITIONAL 92 MILLION BOARD FEET WITH CATEGORY D PERMITS,
MAY ALSO BE ACCEPTED SUBJECT TO THE SAME CONDITIONS AS ABOVE.
SHOULD YOU HAVE ANY QUESTIONS ON THIS MATTER, PLEASE CONTACT DIXIE
STAPLE, OFFICE OF FIELD OPERATIONS, (202) 927-1131.
/S/
ELIZABETH G. DURANT