Bangladesh – Renew GSP Today https://renewgsptoday.com A resource from the Coalition for GSP Wed, 11 Dec 2013 15:59:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://renewgsptoday.com/wp-content/uploads/2017/04/cropped-CoalitionForGSP-Logo-ICO-32x32.png Bangladesh – Renew GSP Today https://renewgsptoday.com 32 32 More than 400 American Organizations Calling on Congress to Renew GSP https://renewgsptoday.com/2013/12/11/more-than-400-american-organizations-calling-on-congress-to-renew-gsp/ Wed, 11 Dec 2013 15:59:04 +0000 http://renewgsp.wpengine.com/?p=3168 Six more companies added their names to the GSP Supporter List since yesterday, bringing the total to 404 American companies and associations calling for the immediate, retroactive renewal of the GSP program. The 380+ companies on the list are incredibly diverse…

  • They are headquartered in 42 states (plus DC) and 221 congressional districts and you can download the list by supporter list by congressional district here.
  • They range from sole proprietors to some of the largest corporations in the world, but about 78% are small businesses with 100 or less employees, and the median number of employees is just 15.
  • GSP savings range from as little as $1,000 to millions of dollars per year.
  • They import from more than a quarter of GSP-eligible countries, including: Bangladesh, Bhutan, Bolivia, Brazil, Burkina Faso, Cambodia, Ecuador, Egypt, Georgia, Ghana, Haiti, India, Indonesia, Kazakhstan, Kenya, Lebanon, Macedonia, Madagascar, Malawi, Mali, Nepal, Pakistan, Paraguay, Philippines, Russia, Senegal, South Africa, Sri Lanka, Tanzania, Thailand, Tunisia, Turkey, Ukraine, and Uruguay.

For those comparing to our last update, we’ve added 2 states (New Hampshire and Vermont), a number of new CDs, enough very small businesses to drop the median employees from 17 to 15,  and one new GSP-eligible country (Ukraine).

If you’re not yet on the list, be sure to add your name here.

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Strange Day in the GSP World https://renewgsptoday.com/2013/06/27/strange-day-in-the-gsp-world/ Thu, 27 Jun 2013 18:52:11 +0000 http://renewgsp.wpengine.com/?p=2598 Press reports indicate that the Obama administration will suspend GSP benefits for Bangladesh following a long review by the Office of the U.S. Trade Representative, although the official announcement has not been released.

Meanwhile, it appears that Ecuador has decided to unilaterally renounce its ATPA benefits, claiming that the United States was attempting to use them as “blackmail” to prevent Ecuador from granting asylum to Edward Snowden. It is not clear whether Ecuador also intended to renounce GSP benefits, but certain Members of Congress seem to think it’s appropriate.

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A-GSPC Ambassadors Urge Congress to Renew GSP https://renewgsptoday.com/2013/06/12/a-gspc-ambassadors-urge-congress-to-renew-gsp/ Wed, 12 Jun 2013 18:28:23 +0000 http://renewgsp.wpengine.com/?p=2452 Earlier this week, our friends at the Alliance for GSP Countries (A-GSPC) sent a letter to congressional leaders signed by the Ambassadors from Algeria, Bangladesh, Ecuador, Fiji, Georgia, Indonesia, Moldova, Mongolia, Pakistan, Philippines, Sri Lanka, Thailand, Tunisia, Uruguay, and Yemen.  The letter states:

The GSP’s importance to its beneficiary countries cannot be underestimated. The import program benefits more than 3.8 billion people living in two-thirds of the world’s economies. They rely on GSP duty-free exports to the United States to create tangible economic development.

The letter also noted that when GSP was allowed to expire for 10 months back in 2011:

U.S. imports of GSP-eligible items during that period decreased by over 17 percent, while overall U.S. imports increased by 15 percent.

We’re in the process of collecting company/association signatures for a similar U.S. business letter.  If you’d like your organization to be on that letter, just add your name (if you haven’t already) to our GSP Supporter List.  But act quick, as our letter will be going out VERY soon!

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