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...
The WTO 9th Ministerial in Bali concluded on December 6th, 2013 with the first-ever global Agreement on Trade Facilitation. This Agreement introduces new trade rules to streamline customs and port procedures for the world’s traders. Other key decisions...
In a recent post, we shared information about opportunities that exist for African exporters to access the US market. Using the African Growth and Opportunity Act (AGOA) and Generalized System of Preferences (GSP) programs, African exporters can have their products...
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...