Advice on Providing Additional GSP Benefits for Least Developed Countries

Advice on Providing Additional GSP Benefits for Least Developed Countries PDF Author: United States International Trade Commission
Publisher: DIANE Publishing
ISBN: 1428958517
Category : Developing countries
Languages : en
Pages : 270

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Book Description

Advice on Providing Additional GSP Benefits for Least Developed Countries

Advice on Providing Additional GSP Benefits for Least Developed Countries PDF Author: United States International Trade Commission
Publisher: DIANE Publishing
ISBN: 1428958517
Category : Developing countries
Languages : en
Pages : 270

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Book Description


Advice on Providing Additional GSP Benefits for Least Developed Countries ; [investigation No. 332-370]

Advice on Providing Additional GSP Benefits for Least Developed Countries ; [investigation No. 332-370] PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Advice on Providing Additional GSP Benefits for Least Developed Countries

Advice on Providing Additional GSP Benefits for Least Developed Countries PDF Author:
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages :

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Book Description


Advice on Providing Additional GSP Benefits for Least Developed Countries

Advice on Providing Additional GSP Benefits for Least Developed Countries PDF Author: United States International Trade Commission
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 272

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Book Description


Advice on Providing Additional GSP Benefits for Sub-Saharan Africa

Advice on Providing Additional GSP Benefits for Sub-Saharan Africa PDF Author: United States International Trade Commission
Publisher:
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 156

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Generalized System of Preferences

Generalized System of Preferences PDF Author: Congressional Research Service
Publisher: CreateSpace
ISBN: 9781507544419
Category : Political Science
Languages : en
Pages : 36

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Book Description
The U.S. Generalized System of Preferences (GSP) program provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs). The United States, the European Union, and other developed countries have implemented similar programs since the 1970s. The U.S. program was first authorized in Title V of the Trade Act of 1974, and is subject to periodic renewal by Congress. The GSP program was most recently extended until July 31, 2013, in Section 1 of P.L. 112-40, and has not been renewed. Imports under the GSP program in 2012 (last full year of GSP implementation) amounted to about $19.9 billion—about 6% of all imports from GSP countries, and about 1% of total U.S. imports. The expiration of GSP means that renewal of the program may continue to be a legislative issue in the 114th Congress. In recent years, GSP renewal has been somewhat controversial. In the 113th Congress, controversy arose over the funding provisions in Senate bill S. 1331 seeking to renew GSP. Other GSP legislation introduced in the 113th Congress included H.R. 2709, H.R. 2139, and H.R. 1682. The GSP program is one of several U.S. trade preference programs through which the United States seeks to help developing countries expand their economies. Other U.S. trade preference programs are regionally focused, and include the African Growth and Opportunity Act (AGOA), the Andean Trade Preference Act (ATPA, also expired in 2013), and the Caribbean Basin Initiative (CBI). The GSP program provides duty-free entry for over 3,500 products (based on 8-digit U.S. Harmonized Tariff Schedule tariff lines) from 122 BDCs, and duty-free status to an additional 1,500 products from 43 GSP beneficiaries that are additionally designated as least-developed beneficiary developing countries (LDBDCs). U.S. implementation of GSP requires that developing countries meet certain criteria to be eligible for the program. For example, countries must not have seized ownership or control of the assets of U.S. citizens or have harmed U.S. investors in other specified ways. Eligible countries must also be taking steps to maintain internationally recognized worker rights among other things. GSP rules of origin require that at least 35% of the appraised value of the product be the “growth, product, or manufacture” of the BDC. Third, the GSP program includes certain curbs on product eligibility intended to shield U.S. manufacturers and workers from potential adverse impact due to the duty-free treatment. These include specific exclusion of certain “import sensitive” products (e.g., textiles and apparel), and limits on the quantity or value of any one product imported from any one country under the program (products from least-developed beneficiaries are not subject to this restriction). Fourth, GSP country and product eligibility are subject to annual review. This report presents, first, recent developments and a brief history, economic rationale, and legal background leading to the establishment of the GSP. Second, the report presents a discussion of U.S. implementation of the GSP. Third, the report presents an analysis of the U.S. program's effectiveness and the positions of various stakeholders. Fourth, implications of the expiration of the U.S. program and possible options for Congress are discussed.

Advice on Providing Additional Generalized System of Preferences (GSP) Benefits for Sub-Saharan Africa, Inv. 332-417

Advice on Providing Additional Generalized System of Preferences (GSP) Benefits for Sub-Saharan Africa, Inv. 332-417 PDF Author:
Publisher: DIANE Publishing
ISBN: 1457823225
Category :
Languages : en
Pages : 156

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Book Description


Handbook on the Least Developed Country Category

Handbook on the Least Developed Country Category PDF Author: United Nations. Economic and Social Council. Committee for Development Policy
Publisher:
ISBN: 9789211046908
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Contains an updated comprehensive explanation of the criteria, procedures and methodology used in establishing which countries are eligible for inclusion in, or recommended for graduation from, the least developed country (LDC) category. It also provides an overview of the special support measures that can be derived from having least developed country status.

The Development Dimension

The Development Dimension PDF Author: James Bacchus
Publisher: Routledge
ISBN: 1000385981
Category : Law
Languages : en
Pages : 98

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Book Description
This book critically analyses the World Trade Organization’s approach to "special and differential treatment" (SDT) to argue that it is founded on seeking exemptions from WTO obligations, instead of creating an enabling environment for developing countries to integrate fully into the multilateral trading system. Through six key sections: United States Proposal on Special and Differential Treatment Responses to United States Proposal The Evolution of Differential Treatment Failure of the Current Approach to Differential Treatment Complications Created by China’s Emergence in the Global Economy An Alternative Approach to Differential Treatment this book explores how, by adopting a new evidence-based, case-by-case approach to SDT, the development of the poorest countries can best be advanced, while at the same time ensuring that advanced developing countries carry their weight in the organization. It will be of interest to scholars and students of international trade law and political science, as well as trade practitioners such as lawyers, diplomats, and analysts.

The Structure and Evolution of Recent U.S. Trade Policy

The Structure and Evolution of Recent U.S. Trade Policy PDF Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 0226036537
Category : Business & Economics
Languages : en
Pages : 452

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Book Description
The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them. This volume represents the first systematic effort to analyze specific U.S. trade policies, particularly nontariff measures. It provides a better understanding of how trade policies operate, how effective they are, and what their costs and benefits are to trading nations. The contributors chart the history of U.S. trade policy since World War II, analyze industry-specific trade barriers, and discuss the effects of tariff preferences and export-promoting policies such as export credits and domestic international sales corporations (DISCs). The final section of essays examines the worldwide impact of import policies, pointing out subtleties in industry-specific policies and providing insight into the levels of protection in developing countries. The contributors blend state-of-the-art economics with language that is accessible to the business community, economists, and policymakers. Commentaries accompany each paper.