International Services Surveys and Direct Investment Surveys Reporting
other · US Department of Commerce · Published 2012-04-24 · Effective 2012-05-24 · 77 FR 24373
Document
Document number
2012-9849
Federal Register citation
77 FR 24373
CFR reference
15 CFR 801
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Commerce
Publication date
2012-04-24
Effective date
2012-05-24
Commerce docket
Docket No. 111012619-2230-03
Abstract
The Bureau of Economic Analysis (BEA) revises its rules to establish general guidelines for how BEA will collect data on international trade in services and direct investment surveys, which are provided for by the International Investment and Trade in Services Survey Act (the Act). In addition to the Act, the Omnibus Trade and Competitiveness Act of 1988 authorizes BEA to conduct international trade in services surveys. Currently, international trade in services and direct investment surveys are promulgated through separate rulemaking actions. This final rule modifies BEA's regulations to allow BEA to issue surveys through notices rather than through notice and comment rulemaking. It also provides a more general framework for how BEA collects data on these surveys that are required, or provided for, by the statutes. This rule will simplify and generalize existing regulations governing the procurement of information on international trade in services and direct investment.