In accordance with 5 CFR 1320, OMB approves this information collection until July 1, 1988. At that time, the International Trade Administration (ITA) must explore and report on two possible modifications to the Statement. First, ITA should examine raising the floor on exports needing a Statement from $5000 to $10,000 or $15,000. Second, ITA should look at extending the validity of the Statement from the current two years to three or four years. Finally, OMB suggests that ITA clarify its regulations at 15 CFR 375.2 (a) to indicate that the Statement is not just used for licenses where the ultimate destination is Country Group Q, S, V, W, Y, or Z.
Inventory as of this Action
Requested
Previously Approved
07/31/1988
07/31/1988
11/30/1987
38,000
0
40,000
19,000
0
20,000
0
0
0
THE INFORMATION REQUESTED BY THIS REPORT MUST BE SUBMITTED TO OEL WHENEVER APPLICANTS WISH TO EXPORT OR REEXPORT COMMODITIES THAT NORMALLY REQUIRE A VALIDATED LICENSE FOR EXPORTS. THE PURPOSE OF THIS FORM IS TO PREVENT SHIPMENTS OF COMMODITIES IN VIOLATION OF THE EXPORT ADMINISTRATION ACT.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.