With the President signing the GSP renewal legislation into law in late June, all parts of the GSP program will restart – including the Annual Review process. The legislation included a provision extending the deadline for the 2014 Annual Review to October 1. While normally the process would take about a year, the three-month timetable...
Continue readingWhether talking to reporters or on the Hill for meetings, we often get the same question: “How long of a GSP extension would you like to see?” Our answer is always the same: “As long as possible.” Yet more important that what we want is why we want it. Put simply, history shows that long-term...
Continue readingFor many GSP importers, the retroactive renewal passed by Congress in October 2011 feels like just yesterday. Most companies didn’t start receiving refunds until early 2012. Yet here we are, one year later…and GSP expiration is creeping up once again. While the mid-year expiration isn’t the only challenge facing GSP r...
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