Tuesday 21st of November 2017 | Spanish | English

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30 NATIONS MEET AT THE HEADQUARTERS OF THE EMBASSY OF ECUADOR IN THE UNITED STATES TO DISCUSS THE RENEWAL OF GSP

The day after President Barack Obama signed the law that renews the Generalized System of Preferences (GSP), the 30 beneficiaries countries that formed the Alliance for the maintenance of GSP in 2013 met at the headquarters of the Embassy of Ecuador in the United States to discuss the main aspects of this new law.

The discussion was led by William Jackson, Deputy Assistant U.S. Trade Representative (USTR) for GSP who generally outlined the provisions of the law and announced that soon it will be published in the Federal Register along with the schedule and implementation process.

Among the petitions that will be reviewed by USTR is Ecuador’s request to include roses, frozen broccoli and canned artichokes in the GSP product eligibility guidelines. The corresponding US authorities have not announced a deadline for this ruling.

Representatives from Sander Trade LLC, a firm that has supported the Alliance of GSP countries, presented on specific aspects of GSP that exporters should consider in order to take full advantage of the tariff preference benefits offered by this program.

The alliance was created so its members could jointly promote and lobby the renewal of GSP to President Obama’s Administration and the U.S. Congress (Senate and House of Representatives). The Representatives present at the seminar agreed to hold regular meetings to exchange views and experiences on the functionality of GSP and any other mutual commercial points of interest.

The Alliance is made up of a diverse group of developing countries and is open to all those interested in becoming a member. Its currently composed of the following countries; Algeria, Bangladesh, Bolivia, Brazil, Cambodia, Ecuador, Egypt, Fiji, Georgia, India, Indonesia, Kazakhstan, Kyrgyzstan, Laos, Lebanon, Macedonia, Moldova, Mongolia, Myanmar, Nepal, Pakistan, Paraguay , Philippines, Serbia, Sri Lanka, Thailand, Tunisia, Ukraine, Uruguay and Yemen.