Nepal – Renew GSP Today https://renewgsptoday.com A resource from the Coalition for GSP Thu, 24 Sep 2020 13:46:02 +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 Nepal – Renew GSP Today https://renewgsptoday.com 32 32 Western Massachusetts small business: GSP savings “enough to pay for staff health care or a new employee” https://renewgsptoday.com/2020/09/24/western-massachusetts-small-business-gsp-savings-enough-to-pay-for-staff-health-care-or-a-new-employee/ Thu, 24 Sep 2020 13:46:01 +0000 http://renewgsp.wpengine.com/?p=8515 dZi, Inc. in Easthampton, Massachusetts was founded in 1990 to provide a market for products made by the Tibetan refugee community in India. A founding member of the Fair Trade Federation, which is dedicated to helping marginalized artisan communities in developing countries, today dZi’s purchases support over 1,000 artisans in Nepal and India.

GSP eliminates tens of thousands of dollars in tariffs annually for dZi, “enough to pay for staff health care or a new employee.” dZi’s 10-person staff in western Massachusetts handle all aspects of design, marketing, warehousing, fulfillment, and customer service – “soup to nuts” as founder and CEO Mac McCoy says.

Watch Mac explain why he urges “all of Congress to move on this cornerstone of good American policy that helps both businesses in our country and struggling communities in developing countries.”

If you’re a GSP importer, submit your own video testimonial here.

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GSP Company Profile: Aid Through Trade in Annapolis, Maryland https://renewgsptoday.com/2017/06/19/gsp-company-profile-aid-through-trade-in-annapolis-maryland/ Mon, 19 Jun 2017 11:50:18 +0000 http://renewgsp.wpengine.com/?p=7938 Aid Through Trade is a leader in the fair trade fashion industry. Founded in 1993, today it supports over 200 women artisans in Nepal – one of the poorest countries in the world – in addition to its staff in Maryland.

GSP expiration in 2013 had a snowball effect familiar to many small business users of the program: raising prices to cover the new tariffs led to lower sales. Lower sales resulted in less money available to purchase new inventory, which in turn led to even lower sales. Eventually, Aid Through Trade was forced to freeze hiring and delay necessary equipment updates.

All for what many might consider to be modest tariffs of $30,000 extra over two years. Yet seemingly modest amounts can make a huge difference for small businesses like Aid Through Trade.

With GSP back in place, Aid Through Trade was able to hire a new worker in Maryland and give thousands of dollars in bonuses to its staff. It also invested in new technologies as sales have returned to pre-2013 levels.

Like many GSP program users, Aid Through Trade is both importer and exporter. (About 45% of GSP Supporter List companies export.) Aid Through Trade exports products that enter duty-free under GSP to Europe.

Our Aid Through Trade profile page has more details about the importance of continued GSP benefits to the company (also available as a one-page PDF here or below).

Aid Through Trade is one of the GSP importers sharing how GSP allows its businesses and workers to thrive on our Company Profiles page.

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