The Generalized System of Preferences (GSP) program about which I wrote in a prior post is currently expired (as of March 2021). This won’t be a first as the program has expired and been renewed in the past. In fact, GSP periodically expires and must be renewed by...
In an earlier post, we described the eligibility criteria and benefits of the Generalized System of Preferences (GSP) program, which provides duty-free access for about 5,000 products from eligible developing countries. The program is reviewed annually, as a result of...
The letters “GSP” can refer to a surprising number of things, most famously to the device that we increasingly rely on for directions to new destinations. This post provides directions for those new to importing or who rely on the Generalized System of Preferences...
President Obama has declared the week of May 20th – 26th National Small Business Week, 2012. The Presidential Declaration refers to small businesses as the backbone of the US economy. It also uses the opportunity to highlight two key initiatives begun by the Obama...
Wal-Mart is accused of having paid out over US $24 million in bribes to Mexican officials in order to acquire the over 2,000 stores located in Mexico. If true, Wal-Mart has violated the U.S. anti-bribery law, the Foreign Corrupt Practices Act (FCPA), which makes it...
