Monthly Archives: March 2019

U.S. Plans to Terminate the Generalized System of Preferences (GSP) benefits for India and Turkey

The United States established the Generalized System of Preferences (GSP) on January 1, 1976 to promote economic growth in developing countries.   Under this program, duty-free benefits can be obtained for certain products from 129 designated beneficiary countries and territories that meet the Rules of Origin, which include a regional value content and direct importation requirements…. Read more »