Proposed Limit on Duty-Free Insular Watches in Calendar Year 1998

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This action invites public comment on a proposal to amend the ITA regulations, which govern duty-exemption allocations and duty- refund entitlements for watch producers in the United States' insular possessions (the Virgin Islands, Guam and American Samoa) and the Northern Mariana Islands. The proposed amendments would establish the total quantity and respective territorial shares of insular watches and watch movements which would be allowed to enter the United States free of duty during calendar year 1998 and make a minor adjustment to the verification of shipments.