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...
As of December 31, 2020, importers who rely on the Generalized System of Preferences (GSP) program have lost those benefits. GSP has expired – again! The GSP is the largest US trade preference program, allowing over 5000 products from over 100 developing countries to...
Starting on July 29, 2015, importers can begin to take advantage of the retroactive renewal of the Generalized System of Preferences (GSP) program. GSP is Back! This means: Entering GSP-eligible products without having to pay duties; and Claiming refunds for duties...
For African exporters interested in the US market, the good news is that US-African trade grew by more than 500 per cent between 2001 and 2011. The U.S. market is wide open for goods that conform to its laws. The African Growth and Opportunities Act (AGOA) and the...
As of August 1st (2013), importers who rely on the Generalized System of Preferences (GSP) preference program have lost those benefits. As I explained in previous posts the GSP program allows about 5,000 products from about 127 developing countries to enter the United...