USTR GSP Annual Product Review and Thailand Practice Review Initiation
Summary
The Office of the United States Trade Representative (USTR) has initiated the 2018 Generalized System of Preferences (GSP) Annual Product Review and a review of Thailand's trade practices. This notice invites public comments on product petitions and Thailand's eligibility.
What changed
The Office of the United States Trade Representative (USTR) has announced the initiation of the 2018 GSP Annual Product Review, which includes accepting petitions for product modifications. Concurrently, USTR is initiating a country practice review for Thailand concerning its eligibility for GSP benefits. This action invites public input on specific product petitions and Thailand's adherence to GSP requirements.
Interested parties, including importers and exporters, are encouraged to submit comments regarding product petitions and Thailand's trade practices. While specific deadlines are not detailed in this notice, the initiation of these reviews suggests a period for public comment will follow. The outcomes of these reviews could impact tariff benefits for certain products and Thailand's overall GSP status, necessitating attention from affected businesses.
What to do next
- Review USTR's Federal Register Notice for details on submitting product petitions and comments on Thailand's trade practices.
- Assess potential impact of GSP product modifications and Thailand's review on import/export operations.
Source document (simplified)
Notice Regarding the 2018 GSP Annual Product Review and Initiation of Country Practice Review of Thailand
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Notice Regarding the 2018 GSP Annual Product Review and Initiation of Country Practice Review of Thailand
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