(WASHINGTON) - The National Defense Stockpile Market Impact Committee (the Committee), co-chaired by the Departments of Commerce and State, announced that it has published a Federal Register Notice (64 FR 54863, October 8, 1999) requesting public comment on the potential market impact of the proposed sale by the Department of Defense (DOD) of certain excess materials from the National Defense Stockpile.
The Committee provides advice to DOD on the projected domestic and foreign economic effects of all acquisitions and disposals of materials from the Stockpile that are to be included in an Annual Materials Plan (AMP). The AMP must be approved by Congress.
DOD has requested that the Committee consider proposed Fiscal Year (FY) 2001 Annual Materials Plan (AMP) sales quantities and revisions to the FY 2000 AMP. The Committee is now considering DOD's AMP proposals. Public comment on these proposals, reprinted in Attachment 1, must be received by November 5, 1999, for the Committee to fully consider them as it reviews the proposed AMP.
The AMP listing includes the proposed maximum disposal quantities for each material. The actual quantity of each material offered for sale will depend on the market for the material at the time of the offering as well as on prior Congressional approval.
Under the authority of the Strategic and Critical Materials Stock Piling Act, as amended, DOD maintains a stockpile of strategic and critical materials to supply the military, industrial, and essential civilian needs of the United States for national defense. In selling and acquiring Stockpile materials, DOD has a statutory obligation to refrain from causing undue market disruption, while at the same time protecting the U.S. Government against avoidable loss.
To obtain a copy of, or more information about, the Federal Register Notice, please contact either Richard V. Meyers, Office of Strategic Industries and Economic Security, U.S. Department of Commerce, Tel.: (202) 482-3634, FAX: (202) 482-5650, ore-Mail; or Stephen H. Muller, Office of International Energy and Commodity Policy, U.S. Department of State, Tel.: (202) 647-3423 or FAX: (202) 647-8758; (co-chairs of the National Defense Stockpile Market Impact Committee).
In April of 2002 the Bureau of Export Administration (BXA) changed its name to the Bureau of Industry and Security(BIS). For historical purposes we have not changed the references to BXA in the legacy documents found in the Archived Press and Public Information.