Publisher's Synopsis
Excerpt from Fmc and Marad Authorizations, Fy 1994: Hearing Before the Subcommittee on Merchant Marine of the Committee on Merchant Marine and Fisheries, House of Representatives, One Hundred Third Congress, First Session
The Commission has maintained its enforcement efforts. As you know from past testimony which we have given, we have had a compliance agreement in the Atlantic for the past five years. That agreement is going to expire in July, but we are very hopeful to have a renewed agreement. In the Pacific trades, we are working on a compliance agreement which we expect to have completed in the very near future.
We have been extremely active with respect to discriminatory practices in the foreign trade, taking action against Japan, the Peo ple's Republic Of China, Taiwan, Korea, and Ecuador. At the present time all Of those practices are at a point where we can say that we have satisfied the carriers who complained in the first in stance. Things are going along quite well.
Last year we also had a very extensive review of our regulations and modified and eliminated many of them so that now we are ready to start Off with a clean slate. We don't think that there is any more need, at least certainly no great need or extensive need, for any further regulatory reform.
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