Federal Register / Vol. 77, No. 54 / Tuesday, March 20, 2012 / Notices 16207 

1Antidumping Duty Orders: Stainless Steel Bar 

from Brazil, India and Japan, 60 FR 9661 (February 

21, 1995) and Amended Final Determination and 

Antidumping Duty Order: Stainless Steel Bar From 

Spain, 60 FR 11656 (March 2, 1995). 

[FR Doc. 2012–6668 Filed 3–19–12; 8:45 am] 

BILLING CODE 3510–33–P 

DEPARTMENT OF COMMERCE 

Bureau of Industry and Security 

[Docket No. 120309179–2147–01] 

XRIN 0694–XA41 

Reporting for Calendar Year 2011 on 

Offsets Agreements Related to Sales 

of Defense; Articles or Defense 

Services to Foreign Countries or 

Foreign Firms 

AGENCY: Bureau of Industry and 

Security, Department of Commerce. 

ACTION: Notice; annual reporting 

requirements. 

SUMMARY: This notice is to remind the 

public that U.S. firms are required to 

report annually to the Department of 

Commerce (Commerce) information on 

contracts for the sale of defense articles 

or defense services to foreign countries 

or foreign firms that are subject to 

offsets agreements exceeding $5,000,000 

in value. U.S. firms are also required to 

report annually to Commerce 

information on offsets transactions 

completed in performance of existing 

offsets commitments for which offsets 

credit of $250,000 or more has been 

claimed from the foreign representative. 

This year, such reports must include 

relevant information from calendar year 

2011 and must be submitted to 

Commerce no later than June 15, 2012. 

ADDRESSES: Reports should be 

addressed to ‘‘Offsets Program Manager, 

U.S. Department of Commerce, Office of 

Strategic Industries and Economic 

Security, Bureau of Industry and 

Security, Room 3878, Washington, DC 

20230.’’ 

FOR FURTHER INFORMATION CONTACT: 

Ronald DeMarines, Office of Strategic 

Industries and Economic Security, 

Bureau of Industry and Security, U.S. 

Department of Commerce, telephone: 

(202) 482–3755; fax: (202) 482–5650; 

email: ronald.demarines@bis.doc.gov. 

SUPPLEMENTARY INFORMATION: 

Background 

Section 723(a)(1) of the Defense 

Production Act of 1950, as amended 

(DPA) requires the President to submit 

an annual report to Congress on the 

impact of offsets on the U.S. defense 

industrial base. Section 723(a)(2) directs 

the Secretary of Commerce (Secretary) 

to prepare the President’s report and to 

develop and administer the regulations 

necessary to collect offsets data from 

U.S. defense exporters. 

The authorities of the Secretary 

regarding offsets have been delegated to 

the Under Secretary of Commerce for 

Industry and Security. The regulations 

associated with offsets reporting are set 

forth in part 701 of title 15 of the Code 

of Federal Regulations. Offsets are 

compensation practices required as a 

condition of purchase in either 

government-to-government or 

commercial sales of defense articles 

and/or defense services, as defined by 

the Arms Export Control Act and the 

International Traffic in Arms 

Regulations. For example, a company 

that is selling a fleet of military aircraft 

to a foreign government may agree to 

offset the cost of the aircraft by 

providing training assistance to plant 

managers in the purchasing country. 

Although this distorts the true price of 

the aircraft, the foreign government may 

require this sort of extra compensation 

as a condition of awarding the contract 

to purchase the aircraft. As described in 

the regulations, U.S. firms are required 

to report information on contracts for 

the sale of defense articles or defense 

services to foreign countries or foreign 

firms that are subject to offsets 

agreements exceeding $5,000,000 in 

value. U.S. firms are also required to 

report annually information on offsets 

transactions completed in performance 

of existing offsets commitments for 

which offsets credit of $250,000 or more 

has been claimed from the foreign 

representative. 

Commerce’s annual report to Congress 

includes an aggregated summary of the 

data reported by industry in accordance 

with the offsets regulation and the DPA. 

As provided by section 723(c) of the 

DPA, BIS will not publicly disclose 

individual firm information it receives 

through offsets reporting unless the firm 

furnishing the information specifically 

authorizes public disclosure. The 

information collected is sorted and 

organized into an aggregate report of 

national offsets data, and therefore does 

not identify company-specific 

information. 

In order to enable BIS to prepare the 

next annual offset report reflecting 

calendar year 2011 data, U.S. firms must 

submit required information on offsets 

agreements and offsets transactions from 

calendar year 2011 to BIS no later than 

June 15, 2012. 

Dated: March 14, 2012. 

Kevin J. Wolf, 

Assistant Secretary for Export 

Administration. 

[FR Doc. 2012–6672 Filed 3–19–12; 8:45 am] 

BILLING CODE 3510–JT–P 

DEPARTMENT OF COMMERCE 

International Trade Administration 

[A–351–825, A–533–810, A–588–833, A–469– 

805] 

Stainless Steel Bar From Brazil, India, 

Japan, and Spain: Final Results of the 

Expedited Third Sunset Reviews of the 

Antidumping Duty Orders 

AGENCY: Import Administration, 

International Trade Administration, 

Department of Commerce. 

SUMMARY: On December 1, 2011, the 

Department of Commerce (the 

Department) initiated the third sunset 

reviews of the antidumping duty orders 

on stainless steel bar from Brazil, India, 

Japan, and Spain pursuant to section 

751(c) of the Tariff Act of 1930 (the Act), 

as amended. The Department has 

conducted expedited (120-day) sunset 

reviews of these orders. As a result of 

these sunset reviews, the Department 

finds that revocation of the antidumping 

duty orders would be likely to lead to 

continuation or recurrence of dumping 

as indicated in the ‘‘Final Results of 

Reviews’’ section of this notice. 

DATES: Effective Date: March 20, 2012. 

FOR FURTHER INFORMATION CONTACT: 

Bryan Hansen or Minoo Hatten, AD/ 

CVD Operations, Office 1, Import 

Administration, International Trade 

Administration, U.S. Department of 

Commerce, 14th Street and Constitution 

Avenue NW., Washington, DC 20230; 

telephone: (202) 482–3683 or (202) 482– 

1690, respectively. 

SUPPLEMENTARY INFORMATION: 

Background 

On December 1, 2011, the Department 

published the notice of initiation of the 

sunset reviews of the antidumping duty 

orders on stainless steel bar from Brazil, 

India, Japan, and Spain1 pursuant to 

section 751(c) of the Act. See Initiation 

of Five-Year (‘‘Sunset’’) Review, 76 FR 

74775 (December 1, 2011) (Notice of 

Initiation). 

The Department received a notice of 

intent to participate in these sunset 

reviews from the domestic interested 

parties, Carpenter Technology 

Corporation, Crucible Industries LLC, 

Electralloy a G.O. Carlson Inc. Co., 

Universal Stainless & Alloy Products, 

Inc., and Valbruna Slater Stainless, Inc. 

(collectively, the domestic interested 

parties), within the 15-day period 

specified in 19 CFR 351.218(d)(1)(i). 


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