ABSTRACT

Serial No. 106-198: Y2K, Customs Flows and Global Trade: Are We Prepared to Meet the Challenges of the New Millennium?: Hearing before the Subcommittee on International Economic Policy and Trade of the Committee on International Relations, House of Representatives One Hundred Sixth Congress, First Session, June 29, 1999   [open pdf - 91KB]

On June 29, 1999, the House of Representatives Subcommittee on International Economic Policy and Trade of the Committee on International Relations convenes to discuss and hear testimony on "Y2K, Customs Flows and Global Trade". Testifying are John McPhee of the Commerce Department, SW Hall, Jr., of the US Customs Service, Jack Brock of the GAO, and Harold Bauner of Bauner International Corporation. Chairwoman Ileana Ros-Lehtinen explains that "the Y2K bug, as it has been referred to, has been more difficult to exterminate than many had once thought. Today's international business and trade transactions are increasingly conducted via computerized and automated systems. That is surely true for the operations of our U.S. Customs Service which is the focus of our hearing today. Our U.S. Customs Service, in fact, relies heavily upon the use of automated systems to collect duties, taxes and fees on imports as well as to assist in the enforcement of our trade laws. The importance of information technology to this agency is evident in their automated commercial system which is used to process all of the commercial goods imported into the United States. Ranking minority member Menendez adds that "this hearing is also intended to look at the implementation of the Customs Modernization Act, particularly Customs modernization of our import and export systems." John McPhee explains the Commerce Departments strategies for dealing with Y2K security, as does SW Hall for the US Customs Service. Jack Brock of the GAO lauds the Customs Service's work, as does Harold Bauner.

Report Number:
Serial Number 106-198
Publisher:
Date:
1999-06-29
Copyright:
Public Domain
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations