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Important Reminder: GSP Expiration December 31, 2017

Background: The GSP (Generalized System of Preference) provides duty-free treatment for over 3,500 products from a wide range of BCD’s (Beneficiary Developing Country’s) and an additional 1,500 products from LDBDC’s (Least Developed Beneficiary Developing Country’s).  The GSP program promotes economic

Posted in 10+2, ACE, ACE Cargo Release, ADD, Air Freight, Air Shipments, country of orgin, customs, Customs Penalties, duties, freight, gsp Tagged with: , , , , , , ,

Generalized System of Preference (GSP) Free Trade Program Expires December 31,2017

The Generalized System of Preferences (GSP) is a renewable preferential trade program that allows the eligible products of designated beneficiary developing countries to enter the United States free of duty. The GSP program was expired on July 31, 2013 but

Posted in 10+2, ACE, ACE Cargo Release, anti-dumping/countervailing, containers, country of orgin, customs, customs food, duties, fda, free trade, Free Trade Agreements, gsp, importer responsibility, international import export, PGA, port of long beach, port of los angeles, seafood, trade Tagged with: , , , , , , , , , , , , ,

Newsflash: African Growth Opportunity Act (AGOA) Suspension of Duty Free Treatment and Trans-Pacific Partnership (TTP) Update

In an effort to keep you up to date on the latest news regarding Trade Agreements that affect the importation of your product, here are a few articles we thought you might be interested in: African Growth Opportunity Act (AGOA)

Posted in containers, free trade, gsp, international import export, produce, seafood, squid, terminals, trade, tuna, Uncategorized, usda Tagged with: , , , , , , , , , , , , ,

What is Trans-Pacific Partnership (TPP) Trade Agreement? Why do you need to know about it?

Some of you might have heard about Trans-Pacific Partnership (TPP),  the TPP is a trade agreement between several Pacific Rim countries concerning a variety of matters of economic policy. Among other things, the TPP will seek to lower trade barriers

Posted in containers, country of orgin, customs, customs food, duties, faq, free trade, freight, gsp, importer responsibility, international import export, port of long beach, port of los angeles, port of oakland, ports, produce, seafood, terminals, trade, west coast Tagged with: , , , , , , , , , , , ,

An Update on the Renewal of the Generalized System of Preference (GSP) and The Refund Process

On June 29, 2015, the President signed the bill that reauthorizes GSP through December 31, 2017 and makes GSP retroactive to July 31, 2013.  As provided in the Act, duty-free treatment of GSP-eligible imports will become effective 30 days after

Posted in containers, country of orgin, customs, customs food, duties, faq, fees, Food & Drug, free trade, gsp, importer responsibility, international import export, port of long beach, port of los angeles, port of oakland, ports, produce, seafood Tagged with: , , , , , , , , , , ,

Change in Status for Bangladesh

Effective September 3, 2013, GSP treatment of all goods of Bangladesh origin is suspended due to concerns about worker rights and worker safety.  As of Sept. 3, imports of GSP-eligible goods from Bangladesh will be subject to most-favored-nation duty rates. For

Posted in gsp

GSP Expires 7/31/2013

The Generalized System of Preferences (GSP) is set to expire on July 31, 2013.  The GSP provides duty free treatment to certain commodities from many countries – the Philippines, Turkey, Thailand, Indonesia, India, and many others. At this time, there

Posted in customs, gsp

Argentina Loses GSP Privileges, Korean Shippers

Argentina Loses GSP Privileges On March 26, 2012, President Obama issued a Presidential Proclamation suspending Argentina’s eligibility for GSP privileges because Argentina has not acted in good faith in enforcing two longstanding arbitration awards. As of May 28, 2012, goods

Posted in gsp, international import export, seafood

Food Safety, GSP, and Marine Insurance

FDA Issues First new Rules under Food Safety Modernization Act When? Both will go into effect on July 3, 2011 The first rule will enable FDA to detain food products that it has reason to believe are adulterated or misbranded

Posted in customs food, fda, gsp, insurance

Seals, Fees, Country of Origin, Indian Shrimp, GSP

August/September 2008 We’ve assembled some items that are of interest to importers/exporters. Mandated seals on all containers in transit to U.SContainers arriving into any U.S port will be required to be sealed with a seal meeting the ISO/PAS 17712 standard.

Posted in country of orgin, fees, gsp, indian shrimp, seals

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