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U.S. INDUSTRY WELCOMES ITC VOTE ON SUBSIDIZED CANADIAN LUMBER

 U.S. INDUSTRY WELCOMES ITC VOTE ON SUBSIDIZED CANADIAN LUMBER
 WASHINGTON, June 25 /PRNewswire/ -- The Coalition for Fair Lumber Imports welcomed an International Trade Commission (ITC) vote today reiterating that subsidized Canadian lumber imports injure, or threaten to injure, the U.S. lumber industry.
 "The U.S. industry now can look forward to a measure of relief from this unfair trade practice," said C.T. (Kip) Howlett Jr., chairman of the Coalition. "We are confident that any further Canadian industry attempts to appeal or sidetrack this countervailing duty process will not succeed."
 Today's vote ended a U.S. Department of Commerce investigation resulting from Canada's unilateral termination of a Memorandum of Understanding that since 1986 has offset a portion of Canada's timber subsidies. The Commerce Department earlier had found that a 6.51 percent subsidy exists on Canada lumber production.
 "Canadian commission after commission have recognized the serious economic and environmental consequences of Canada's cheap timber policy, and now U.S. authorities again have affirmed its negative impact in the United States," said Howlett. "Any Canadian appeal would be without merit."
 Howlett said, "Offsetting measures always will be required, if Canada doesn't solve this subsidy problem internally."
 Moreover, Howlett noted, "The Coalition is confident that subsequent proceedings will find that the Canadian subsidy is much greater than 6.51 percent and a larger countervailing duty will be required."
 The Coalition for Fair Lumber Imports is composed of lumber companies across the United States and the major U.S. lumber manufacturing associations. Member companies include, among others, International Paper Co., Temple-Inland Inc., Georgia-Pacific Corp. and Potlatch Corp. The two major forest industry labor unions, the United Brotherhood of Carpenters & Joiners of America and the International Woodworkers of America -- U.S., also support Canadian subsidy offsets.
 -0- 6/25/92
 /CONTACT: Patrick Wallace of Knapp Inc., 404-688-1777, for Georgia- Pacific; Tony Bennett of Temple-Inland, 409-829-1430; James Foster of International Paper, 901-763-5985; Diane Olberg of Potlatch Corp., 415-576-8826; or Sheila Weidman of Georgia-Pacific, 404-521-4732/ CO: Coalition of Fair Lumber Imports ST: Georgia IN: PAP SU:


BR-BN -- AT022 -- 3906 06/25/92 15:35 EDT
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Publication:PR Newswire
Date:Jun 25, 1992
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