Federal Register / Vol. 90, No. 14 / Thursday, January 23, 2025 / Notices 8089 

1The five petitioners are the United Steel, Paper 

and Forestry, Rubber, Manufacturing, Energy, 

Allied Industrial and Service Workers International 

Union, AFL–CIO CLC (USW), the International 

Brotherhood of Electrical Workers (IBEW), the 

International Brotherhood of Boilermakers, Iron 

Ship Builders, Blacksmiths, Forgers and Helpers, 

AFL–CIO/CLC (IBB), the International Association 

of Machinists and Aerospace Workers (IAM), and 

the Maritime Trades Department of the AFL–CIO 

(MTD). 

2For additional information, the full text of the 

petition and accompanying exhibits are available at: 

https://ustr.gov/issue-areas/enforcement/section301-investigations/section-301-petition-chinamaritime-logistics-and-shipbuilding-sector. 

communications about this meeting may 

be announced through the Board’s 

website at www.stb.gov. 

Written Comments: Members of the 

public may submit written comments to 

PRAC at any time. Comments should be 

addressed to PRAC, c/o Brian O’Boyle, 

Surface Transportation Board, 395 E 

Street SW, Washington, DC 20423–0001 

or Brian.Oboyle@stb.gov. Please submit 

any comments for review at the meeting 

by February 7, 2025, if possible. 

Authority: 49 U.S.C. 1321, 11101, and 

11121. 

Decided: January 17, 2025. 

By the Board, Scott M. Zimmerman, Acting 

Director, Office of Proceedings. 

Jeffrey Herzig, 

Clearance Clerk. 

[FR Doc. 2025–01605 Filed 1–22–25; 8:45 am] 

BILLING CODE 4915–01–P 

OFFICE OF THE UNITED STATES 

TRADE REPRESENTATIVE 

Notice of Determination Pursuant to 

Section 301: China’s Targeting of the 

Maritime, Logistics, and Shipbuilding 

Sectors for Dominance 

AGENCY: Office of the United States 

Trade Representative (USTR). 

ACTION: Notice of determination. 

SUMMARY: The U.S. Trade 

Representative has determined that 

China’s targeting of the maritime, 

logistics, and shipbuilding sectors for 

dominance is actionable under section 

301. 

FOR FURTHER INFORMATION CONTACT: 

Megan Grimball and Philip Butler, 

Chairs of the Section 301 Committee, 

Associate General Counsel Thomas Au 

or Assistant General Counsel Henry 

Smith, 202.395.5725. 

SUPPLEMENTARY INFORMATION: 

I. Summary of the Petition 

On March 12, 2024, five labor 

unions 1 filed a section 301 petition 

regarding the acts, policies, and 

practices of China to dominate the 

maritime, logistics, and shipbuilding 

sector.2 The petition was filed pursuant 

to section 302(a)(1) of the Trade Act of 

1974, as amended (Trade Act) (19 U.S.C. 

2412(a)(1)), requesting action pursuant 

to section 301(b) (19 U.S.C. 2411(b)). 

Petitioners allege that China targets 

the maritime, logistics, and shipbuilding 

sector for dominance and engages in a 

wide range of unreasonable or 

discriminatory acts, policies, and 

practices that provide unfair advantages 

across maritime industries, such as 

shipbuilding, shipping, and maritime 

equipment. The petitioners also aver 

that China threatens to discriminate 

against U.S. commerce and disrupt 

supply chains. Petitioners allege that 

China’s acts, policies, and practices 

burden or restrict U.S. commerce in 

various manners. See 89 FR 29424 

(April 22, 2024). 

II. Proceedings in the Investigation 

On April 17, 2024, after consultation 

with the appropriate advisory 

committees and the Section 301 

Committee, USTR initiated an 

investigation regarding the issues raised 

in the petition pursuant to section 

302(a)(2) of the Trade Act (19 U.S.C. 

2412(a)(2)). The notice of initiation 

solicited written comments on, inter 

alia: China’s acts, policies, and practices 

targeting the maritime, logistics, and 

shipbuilding sectors for dominance; 

whether China’s acts, policies, and 

practices targeting the maritime, 

logistics, and shipbuilding sectors for 

dominance are unreasonable or 

discriminatory; China’s efforts to 

dominate the global maritime, logistics, 

and shipbuilding sectors, including the 

upstream and downstream supply 

chain, as well as shipping services; 

information on other acts, policies, and 

practices of China relating to the 

maritime, logistics and shipbuilding 

sectors; whether China’s acts, policies, 

and practices burden or restrict U.S. 

commerce, and if so, the nature and 

level of the burden or restriction. 

Interested persons filed over 40 

written comments. USTR and the 

Section 301 Committee convened a 

public hearing on May 29, 2024, during 

which witnesses provided testimony 

and responded to questions. The public 

submissions are available at https://

comments.ustr.gov/s/ in docket number 

USTR–2024–0005, and a transcript of 

the hearing is available on the USTR 

website. 

On April 17, 2024, the U.S. Trade 

Representative requested consultations 

with the government of China pursuant 

to section 303 of the Trade Act (19 

U.S.C. 2413). The government of China 

has declined to hold consultations 

under the statutory framework regarding 

the investigation. 

Based on information obtained during 

the investigation, including the public 

submissions and the public hearing, 

USTR and the Section 301 Committee 

have prepared a report on the acts, 

policies, and practices under 

investigation. The report supports a 

determination that China’s targeting of 

the maritime, logistics, and shipbuilding 

sectors for dominance is unreasonable 

and burdens or restricts U.S. commerce 

and thus is actionable. The report is 

available to the public on the USTR’ 

website. 

III. China’s Targeting of the Maritime, 

Logistics, and Shipbuilding Sectors for 

Dominance 

For nearly three decades, China has 

targeted the maritime, logistics, and 

shipbuilding sectors for dominance and 

has employed increasingly aggressive 

and specific targets in pursuing 

dominance. China has largely achieved 

its dominance goals, severely 

disadvantaging U.S. companies, 

workers, and the U.S. economy 

generally through lessened competition 

and commercial opportunities and 

through the creation of economic 

security risks from dependencies and 

vulnerabilities. 

Top-down industrial planning and 

targeting is a critical feature of China’s 

state-led, non-market economic system. 

China organizes the development of its 

economy at a high level through broad 

national-level five-year economic and 

social development plans. It then 

employs industry-specific plans that 

typically align chronologically with the 

national five-year plans. These plans 

often contain detailed quantitative and 

qualitative targets, including for 

production, domestic content, and 

domestic and international market 

shares, and outline the non-market 

policies and practices China should use 

to achieve these targets. China’s plans 

reveal its targeting of the maritime, 

logistics, and shipbuilding sectors for 

dominance. 

Market share targets necessitate 

substitution by Chinese companies at 

the expense of foreign competitors—for 

Chinese companies to gain market 

share, they must displace foreign 

companies in existing markets and take 

new markets as they develop in the 

future. China’s industrial targets have 

become more aggressive and 

sophisticated over the years. 

China’s targeting of these sectors for 

dominance has undercut competition 

and taken market share with dramatic 


ddrumheller on DSK120RN23PROD with NOTICES1
8090 Federal Register / Vol. 90, No. 14 / Thursday, January 23, 2025 / Notices 

effect: raising China’s shipbuilding 

market share from less than 5 percent of 

global tonnage in 1999, to over 50 

percent in 2023; increasing China’s 

ownership of the commercial world 

fleet to over 19 percent as of January 

2024; and controlling production of 95 

percent of shipping containers and 86 

percent of the world’s supply of 

intermodal chassis, among other 

components and products. 

IV. Determination on the Acts, Policies, 

or Practices Under Investigation 

Based on the information obtained 

during the investigation, as reflected in 

the public report on the investigation, 

and taking account of public comments, 

as well as the advice of the Section 301 

Committee and advisory committees, 

the U.S. Trade Representative has made 

the following determination under 

sections 301(b) and 304(a) of the Trade 

Act (19 U.S.C. 2411(b) and 2414(a)): 

China’s targeting of the maritime, 

logistics, and shipbuilding sectors for 

dominance is unreasonable and burdens 

or restricts U.S. commerce, and thus is 

actionable under section 301(b) of the 

Trade Act. 

In particular, China’s targeting of the 

maritime, logistics, and shipbuilding 

sectors for dominance is unreasonable 

because: it displaces foreign firms, 

deprives market-oriented businesses 

and their workers of commercial 

opportunities, and lessens competition; 

and it creates dependencies on China, 

increasing risk and reducing supply 

chain resilience. China’s targeting for 

dominance also is unreasonable because 

of China’s extraordinary control over its 

economic actors and these sectors. 

Furthermore, China’s targeting of the 

maritime, logistics, and shipbuilding 

sectors for dominance burdens or 

restricts U.S. commerce by: 

undercutting business opportunities for 

and investments in the U.S. maritime, 

logistics, and shipbuilding sectors; 

restricting competition and choice; 

creating economic security risks from 

dependence and vulnerabilities in 

sectors critical to the functioning of the 

U.S. economy; and undermining supply 

chain resilience. 

These findings provide a basis for 

finding that responsive action is 

appropriate to obtain the elimination of 

the acts, policies, or practices covered in 

the investigation. 

V. Further Proceedings 

Sections 301(b) and 304(a)(1)(B) of the 

Trade Act provide that if the U.S. Trade 

Representative determines that an act, 

policy, or practice of a foreign country 

is unreasonable or discriminatory and 

burdens or restricts United States 

commerce, the U.S. Trade 

Representative shall determine what 

action, if any, to take under section 

301(b). These matters will be addressed 

in subsequent proceedings. 

Juan Millan, 

Acting General Counsel, Office of the United 

States Trade Representative. 

[FR Doc. 2025–01540 Filed 1–22–25; 8:45 am] 

BILLING CODE 3290–F4–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Action 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the names 

of one or more persons that have been 

placed on OFAC’s Specially Designated 

Nationals and Blocked Persons List 

(SDN List) based on OFAC’s 

determination that one or more 

applicable legal criteria were satisfied. 

All property and interests in property 

subject to U.S. jurisdiction of this 

person is blocked, and U.S. persons are 

generally prohibited from engaging in 

transactions with them. 

DATES: This action was issued on 

January 15, 2025. See SUPPLEMENTARY

INFORMATION section for relevant dates. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Associate Director for Global 

Targeting, 202–622–2420; Assistant 

Director for Sanctions Compliance, 202– 

622–2490 or https://ofac.treasury.gov/ 

contact-ofac. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

The SDN List and additional 

information concerning OFAC sanctions 

programs are available on OFAC’s 

website: https://ofac.treasury.gov. 

Notice of OFAC Actions 

On January 15, 2025, OFAC 

determined that the person identified 

below meets one or more of the criteria 

for the imposition of sanctions set forth 

in section 11(a) of Executive Order 

14024 of April 15, 2021, ‘‘Blocking 

Property With Respect To Specified 

Harmful Foreign Activities of the 

Government of the Russian Federation,’’ 

(E.O. 14024), as amended by Executive 

Order 14114 of December 22, 2023, 

‘‘Taking Additional Steps With Respect 

to the Russian Federation’s Harmful 

Activities’’ (E.O. 14114). OFAC has 

determined to impose blocking 

sanctions pursuant to section 11(b)(ii) of 

E.O. 14024, as amended by E.O. 14114 

on the person identified below, and 

therefore all of the person’s property 

and interests in property that are in the 

United States, that hereafter come 

within the United States, or that are or 

hereafter come within the possession or 

control of any United States person, are 

blocked, and such property and 

interests in property may not be 

transferred, paid, exported, withdrawn, 

or otherwise dealt in. 

Entity 

1. OJSC KEREMET BANK, 40/4 Togolok 

Moldo str, Bishkek 720001, Kyrgyzstan; 

SWIFT/BIC RINBKG22; website https://

keremetbank.kg; Secondary sanctions risk: 

See Section 11 of Executive Order 14024.; 

BIK (RU) 136001; Target Type Financial 

Institution; Tax ID No. 02012201010017 

(Kyrgyzstan); Global Intermediary 

Identification Number 

NNNQ6K.99999.SL417 [RUSSIA–EO14024]. 

Designated pursuant to section 11(a)(ii) of 

Executive Order 14024 of April 15, 2021, 

‘‘Blocking Property With Respect To 

Specified Harmful Foreign Activities of the 

Government of the Russian Federation,’’ 86 

FR 20249, 3 CFR, 2021 Comp., p. 542 (Apr. 

15, 2021) (E.O. 14024) as amended by 

Executive Order 14114 of December 22, 2023, 

‘‘Taking Additional Steps With Respect to 

the Russian Federation’s Harmful Activities,’’ 

88 FR 89271, 3 CFR, 2023 Comp., p. 721 

(Dec. 22, 2023) (E.O. 14114) for having 

conducted or facilitated any significant 

transaction or transactions, or provided any 

service, involving Russia’s military-industrial 

base, including the sale, supply, or transfer, 

directly or indirectly, to the Russian 

Federation of any item or class of items as 

may be determined by the Secretary of the 

Treasury, in consultation with the Secretary 

of State and the Secretary of Commerce. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2025–01578 Filed 1–22–25; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Action 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The U.S. Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the names 

of one or more persons that have been 

placed on OFAC’s Specially Designated 

Nationals and Blocked Persons List 

(SDN List) based on OFAC’s 

determination that one or more 


ddrumheller on DSK120RN23PROD with NOTICES1