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...
UK Brexit Proposal: Services and Investment Freedom of businesses and professionals to provide services anywhere within the European Union(EU) is a core principle governing the EU Single Market for Services. And the EU single market has been good to UK service...
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...
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...
In my last posts, I wrote about the “GSP” – Generalized System of Preferences — program. That is just one of the many acronyms that we use in the international trade arena. I’m starting a series, “International Trade Alphabet Soup” that will periodically...
