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The Export Trade Certificate of Review Program - The Competitive Edge for U.S. Exporters

[Federal Register: April 25, 2006 (Volume 71, Number 79)]

[Notices]

[Page 23899]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr25ap06-40]

DEPARTMENT OF COMMERCE

International Trade Administration

Export Trade Certificate of Review

ACTION: Notice of revocation of Export Trade Certificate of Review,

Application No. 90-00014.

SUMMARY: The Secretary of Commerce issued an Export Trade Certificate

of Review to American Textile Export Company, Inc. on December 4, 1990.

Because this Certificate Holder has failed to file an annual report as

required by law, the Secretary is revoking the certificate. This notice

summarizes the notification letter sent to American Textile Export

Company, Inc.

FOR FURTHER INFORMATION CONTACT: Jeffrey Anspacher, Director, Export

Trading Company Affairs, International Trade Administration, (202) 482-

5131. This is not a Toll-free number.

SUPPLEMENTARY INFORMATION: Title III of the Export Trading Company Act

of 1982 (``The Act'') (Pub. L. 97-290, 15 U.S.C. 4011-21) Authorizes

the Secretary of Commerce to Issue Export Trade Certificates of Review.

The Regulations Implementing Title III (``the Regulations'') are found

at 15 CFR Part 325 (1999). Pursuant to this Authority, a Certificate of

Review was issued on December 4, 1990 to American Textile Export

Company, Inc.

A Certificate Holder is required by law to submit to the Secretary

of Commerce Annual Reports that update financial and other information

relating to business activities covered by its Certificate (Section 308

of the Act, 15 U.S.C. 4018, Sec. 325.14(a) of the Regulations, 15 CFR

325.14(a)).

The Annual Report is due within 45 days after the Anniversary Date

of the Issuance of the Certificate of Review (Sec. 325.14(b) of the

Regulations, 15 CFR 325.14(b)). Failure to submit a complete Annual

Report may be the Basis for Revocation (Sec. 325.10(a) and 325.14(c)

of the Regulations, 15 CFR 325.10(a)(3) and 325.14(c)). The Secretary

has received no written responses from American Textile Export Company,

Inc. to any of the letters requesting the annual reports for 2003, 2004

and 2005. On March 9, 2006, and in accordance with Sec. 325.10(c)(1)

of the Regulations, (15 CFR 325.10(c)(1)), the Secretary of Commerce

sent a letter by Certified Mail to notify American Textile Export

Company, Inc., that the Secretary was formally initiating the process

to revoke its Certificate for failure to file an annual report. The

Secretary received notification that the letter was received on March

15, 2006. Pursuant to Sec. 325.10(c)(2) of the Regulations (15 CFR

325.10(c)(2)), the Secretary considers the failure of American Textile

Export Company, Inc. to respond to be an admission of the statements

contained in the notification letter. The Secretary has determined to

revoke the Certificate issued to American Textile Export Company, Inc.

for its failure to file an annual report. The Secretary has sent a

letter, dated April 17, 2006 to notify the American Textile Export

Company, Inc. of its final determination. The Revocation is effective

thirty (30) days from the date of publication of this notice (Sec.

325.10(c)(4) of the Regulations, 15 CFR 325.10(c)). Any person

aggrieved by this decision may appeal to an appropriate U.S. District

Court within 30 days from the date of publication of this notice in the

Federal Register (Sec. 325.11 of the Regulations, 15 CFR 325.11).

Dated: April 19, 2006.

Jeffrey Anspacher,

Director, Export Trading Company Affairs.

[FR Doc. E6-6195 Filed 4-24-06; 8:45 am]

BILLING CODE 3510-DR-P

Last Updated: 8/25/15 5:46 PM