Notice2023-27478

Recent Trends in U.S. Services Trade, 2024 Annual Report

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
December 15, 2023

Issuing agencies

International Trade Commission

Abstract

The Commission has prepared and published annual reports in this series since 1996 under the investigation title Recent Trends in U.S. Services Trade. The 2024 report, which the Commission plans to publish in May 2024, will provide aggregate data on cross-border trade in services for the period ending in 2022, and transactions by affiliates based outside the country of their parent firm for the period ending in 2021. The 2024 report's analysis will focus on financial services (including banking services, insurance services, and securities services). The Commission is inviting interested members of the public to furnish information and views in connection with the 2024 report.

Full Text

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<title>Federal Register, Volume 88 Issue 240 (Friday, December 15, 2023)</title>
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[Federal Register Volume 88, Number 240 (Friday, December 15, 2023)]
[Notices]
[Pages 86928-86929]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-27478]


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INTERNATIONAL TRADE COMMISSION

[Investigation No. 332-601]


Recent Trends in U.S. Services Trade, 2024 Annual Report

AGENCY: United States International Trade Commission.

ACTION: Schedule for 2024 report and opportunity to submit information.

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SUMMARY: The Commission has prepared and published annual reports in 
this series since 1996 under the investigation title Recent Trends in 
U.S. Services Trade. The 2024 report, which the Commission plans to 
publish in May 2024, will provide aggregate data on cross-border trade 
in services for the period ending in 2022, and transactions by 
affiliates based outside the country of their parent firm for the 
period ending in 2021. The 2024 report's analysis will focus on 
financial services (including banking services, insurance services, and 
securities services). The Commission is inviting interested members of 
the public to furnish information and views in connection with the 2024 
report.

DATES: 
    January 29, 2024: Deadline for filing written submissions.
    May 24, 2024: Anticipated date for online publication of the 
report.

ADDRESSES: All Commission offices, including the Commission's hearing 
rooms, are located in the U.S. International Trade Commission Building, 
500 E Street SW, Washington, DC. All written submissions should be 
addressed to the Secretary, U.S. International Trade Commission, 500 E 
Street SW, Washington, DC 20436. The public record for this 
investigation may be viewed on the Commission's electronic docket 
information system (EDIS) at <a href="https://edis.usitc.gov/">https://edis.usitc.gov/</a>.

FOR FURTHER INFORMATION CONTACT: Information specific to this 
investigation may be obtained from George Serletis, Project Leader, 
Office of Industry and Competitiveness Analysis, Services Division 
(202-205-3315; <a href="/cdn-cgi/l/email-protection#0f686a607d686a217c6a7d636a7b667c4f7a7c667b6c21686079"><span class="__cf_email__" data-cfemail="abcccec4d9ccce85d8ced9c7cedfc2d8ebded8c2dfc885ccc4dd">[email&#160;protected]</span></a>), Rudy Telles Jr., Project 
Leader, Office of Industry and Competitiveness Analysis, Services 
Division (202-205-3164; <a href="/cdn-cgi/l/email-protection#01736e656e6d676e2f75646d6d64724174726875622f666e77"><span class="__cf_email__" data-cfemail="d0a2bfb4bfbcb6bffea4b5bcbcb5a390a5a3b9a4b3feb7bfa6">[email&#160;protected]</span></a>), Theron Gray, Deputy 
Project Leader, Office of Industry and Competitiveness Analysis, 
Services Division (202-205-3132; <a href="/cdn-cgi/l/email-protection#a6d2cec3d4c9c888c1d4c7dfe6d3d5cfd2c588c1c9d0"><span class="__cf_email__" data-cfemail="691d010c1b0607470e1b0810291c1a001d0a470e061f">[email&#160;protected]</span></a>), or Services 
Division Chief Martha Lawless (202-205-3497; <a href="/cdn-cgi/l/email-protection#d2bfb3a0a6bab3fcbeb3a5beb7a1a192a7a1bba6b1fcb5bda4"><span class="__cf_email__" data-cfemail="5e333f2c2a363f70323f29323b2d2d1e2b2d372a3d70393128">[email&#160;protected]</span></a>). 
For information on the legal aspects of this investigation, contact 
Brian Allen (202-205-3034; <a href="/cdn-cgi/l/email-protection#ee8c9c878f80c08f82828b80ae9b9d879a8dc0898198"><span class="__cf_email__" data-cfemail="d2b0a0bbb3bcfcb3bebeb7bc92a7a1bba6b1fcb5bda4">[email&#160;protected]</span></a>) or William Gearhart 
(202-205-3091; <a href="/cdn-cgi/l/email-protection#f3849a9f9f9a929edd949692819b928187b386809a8790dd949c85"><span class="__cf_email__" data-cfemail="6c1b050000050d01420b090d1e040d1e182c191f05180f420b031a">[email&#160;protected]</span></a>) of the Commission's Office 
of the General Counsel. The media should contact Jennifer Andberg, 
Office of External Relations (202-205-3404; 
<a href="/cdn-cgi/l/email-protection#82e8e7ececebe4e7f0ace3ece6e0e7f0e5c2f7f1ebf6e1ace5edf4"><span class="__cf_email__" data-cfemail="bad0dfd4d4d3dcdfc894dbd4ded8dfc8ddfacfc9d3ced994ddd5cc">[email&#160;protected]</span></a>). Hearing-impaired individuals may obtain 
information on this matter by contacting the Commission's TDD terminal 
at 202-205-1810. General information concerning the Commission may also 
be obtained by accessing its website (<a href="https://www.usitc.gov">https://www.usitc.gov</a>). Persons 
with mobility impairments who will need special assistance in gaining 
access to the Commission should contact the Office of the Secretary at 
202-205-2000.

SUPPLEMENTARY INFORMATION: 
    Background: The 2024 annual U.S. services trade report will provide 
aggregate data on cross-border trade in services for 2018-2022 and 
affiliate transactions in services for 2017-2021, and more specific 
data and information on trade in financial services (including banking 
services, insurance services, and securities services). The Commission 
publishes two self-initiated annual reports: a report on trends in 
services trade (Recent Trends in U.S. Services Trade),\1\ and a report 
on trends in merchandise trade, presented as a data compilation (Shifts 
in U.S. Merchandise Trade). The Commission's 2023 Recent Trends in U.S. 
Services Trade report is available online at <a href="https://www.usitc.gov/publications/industry_econ_analysis_332/2023/recent_trends_us_services_trade_2023_annual_report">https://www.usitc.gov/publications/industry_econ_analysis_332/2023/recent_trends_us_services_trade_2023_annual_report</a>.
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    \1\ While previous reports in the Recent Trends series used 
investigation number 332-345, each report will now be issued with a 
separate investigation number.

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[[Page 86929]]

    The initial notice of institution of this series of investigations 
was published in the Federal Register on September 8, 1993 (58 FR 
47287) and provided for a report on merchandise trade. The Commission 
expanded the scope of the investigation to cover services trade in a 
separate report, which it announced in a notice published in the 
Federal Register on December 28, 1994 (59 FR 66974). The separate 
report on services trade has been published annually since 1996, except 
in 2005. As in past years, the 2024 report will summarize U.S. trade in 
services in the aggregate and provide analyses of trends and 
developments in selected services industries during the latest 5-year 
period for which data are published by the U.S. Department of Commerce, 
Bureau of Economic Analysis.
    Written submissions: Interested persons are invited to file written 
submissions and other information concerning the matters to be 
addressed by the Commission in its 2024 report. For the 2024 report, 
the Commission is particularly interested in receiving information 
relating to trade in financial services (including banking services, 
insurance services, and securities services). Submissions should be 
addressed to the Secretary. To be assured of consideration by the 
Commission, written submissions related to the Commission's report 
should be submitted at the earliest practical date and should be 
received not later than 5:15 p.m., January 29, 2024. All written 
submissions must conform to the provisions of section 201.8 of the 
Commission's Rules of Practice and Procedure (19 CFR 201.8), as 
temporarily amended by 85 FR 15798 (March 19, 2020). Under that rule 
waiver, the Office of the Secretary will accept only electronic filings 
at this time. Filings must be made through the Commission's Electronic 
Document Information System (EDIS, <a href="https://edis.usitc.gov">https://edis.usitc.gov</a>). No in-
person paper-based filings or paper copies of any electronic filings 
will be accepted until further notice. Persons with questions regarding 
electronic filing should contact the Office of the Secretary, Docket 
Services Division (202-205-1802), or consult the Commission's Handbook 
on Filing Procedures.
    Confidential business information: Any submissions that contain CBI 
must also conform with the requirements in section 201.6 of the 
Commission's Rules of Practice and Procedure (19 CFR 201.6). Section 
201.6 of the rules requires that the cover of the document and the 
individual pages be clearly marked as to whether they are the 
``confidential'' or ``nonconfidential'' version, and that the CBI is 
clearly identified by means of brackets. All written submissions, 
except for CBI, will be made available for inspection by interested 
persons.
    The Commission intends to prepare only a public report in this 
investigation. The report that the Commission makes available to the 
public will not contain CBI. However, all information, including CBI, 
submitted in this investigation may be disclosed to and used: (i) by 
the Commission, its employees and Offices, and contract personnel (a) 
for developing or maintaining the records of this or a related 
proceeding, or (b) in internal investigations, audits, reviews, and 
evaluations relating to the programs, personnel, and operations of the 
Commission including under 5 U.S.C. appendix 3; or (ii) by U.S. 
Government employees and contract personnel for cybersecurity or other 
security purposes. The Commission will not otherwise disclose any CBI 
in a manner that would reveal the operations of the firm supplying the 
information.
    Summaries of written submissions: Persons wishing to have a summary 
of their position included in the report should include a summary with 
their written submission on or before January 29, 2024, and should mark 
the summary as having been provided for that purpose. The summary 
should be clearly marked as ``summary for inclusion in the report'' at 
the top of the page. The summary may not exceed 500 words and should 
not include any CBI. The summary will be published as provided if it 
meets these requirements and is germane to the subject matter of the 
investigation. The Commission will list the name of the organization 
furnishing the summary and will include a link where the written 
submission can be found.

    By order of the Commission.

    Issued: December 11, 2023.
Lisa Barton,
Secretary to the Commission.
[FR Doc. 2023-27478 Filed 12-14-23; 8:45 am]
BILLING CODE 7020-02-P


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Indexed from Federal Register on December 15, 2023.

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