Cargo Preference Provision of the Export Expansion and Regulation Act: Hearing, Ninety-first Congress, First Session. July 10, 1969, Svesci 22-23

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U.S. Government Printing Office, 1969 - Broj stranica: 128
Considers amendment to the Export Expansion and Regulation Act to remove certain cargo preference provisions relating to exports to Eastern Europe in American bottoms. Focuses on grain trade.
 

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Stranica 111 - Congress further declares that it is the policy of the United States to use its economic resources and advantages in trade with Communist-dominated nations to further the national security and foreign policy objectives of the United States.
Stranica 110 - The flag of the Soviet Navy now flies proudly over the oceans of the world. Sooner or later, the United States will have to understand that it no longer has mastery of the seas.
Stranica 96 - ... on ocean vessels shall be transported on privately owned US-flag commercial vessels, to the extent such vessels are available at fair and reasonable rates for US-flag commercial vessels...
Stranica 5 - No American exporter will be permitted to participate in these wheat and wheat flour export transactions to an extent greater than 25 percent of the total quantity expected to be purchased in the United States.
Stranica 96 - ... shall furnish to or for the account of any foreign nation without provision for reimbursement, any equipment, materials, or commodities...
Stranica 59 - An added feature is the provision that the wheat we sell to the Soviet Union will be carried in available American ships, supplemented by ships of other countries as required.
Stranica 27 - OF THE COMMITTEE ON FOREIGN RELATIONS US SENATE, COMMITTEE ON FOREIGN RELATIONS, October 7, 1965. The PRESIDENT, The White House, Washington, DC DEAR MR. PRESIDENT : The Committee on Foreign Relations has completed two full days of hearings on the shipping restriction affecting sales of grain to the Soviet Union and other nations of Eastern Europe. This letter is sent to advise you of the concern of the undersigned members of the committee over the problems created by that restriction. During the...
Stranica 59 - States and bring added income and employment to American shipping, longshoremen and railroad workers as well as grain traders and farmers. It should be emphasized that the sales to be approved under today's decision will be conducted through the normal competitive channels of the private American grain trade in the same manner as all other such exports are handled, with the forces of competition and supply and demand, and the government's...
Stranica 68 - Norwegian customs system provides for a refund of customs duties paid on imported commodities which are re-exported or, to a certain extent, which are embodied in goods later exported. A similar system was earlier applied also to shipyards, treating new buildings and repairs on a par with exports. A generation ago, this system was changed to allow the customs authorities to refund 6 percent of the selling price of the new building and 4 percent of the price of repairs. This refund is available for...
Stranica 68 - Depreciation Depreciation may not exceed 100 percent of the purchase price. The ordinary depreciation for (1) passenger, cargo, tankers, fruiters, ore carriers and other ships built for special trades, of 6 to 8 percent per year, and (2) dry cargo ships in ordinary trades, of 5 to 7 percent per year, calculated on the cost of the ships and commencing from acquisition or delivery, must be used each year at the same rate.

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