Tags » Generalized System Of Preferences

GSP Expiration Hurting American Businesses

The expiration of the Generalized System of Preferences (GSP) is costing American businesses millions of dollars per day.  It is the responsibility of Congress to reinstate the GSP, and both the House and Senate proposed bills last year, but neither bill was able to garner enough support before the pre-determined expiration.  179 more words

GSP Reinstatement Revisited. It's painful, and is costing jobs. Get it together Congress!!

On December 15, 2013 I posted an article, GSP Reinstatement. Help or Hurt the Chemical Industry?? which reiterated the need for businesses to press Congress to reinstate the General System of Preferences (GSP) and offered ways that companies could make their voices heard. 273 more words

Chemical Industry

Pakistan must diversify export products : Mossadaq Chughtai

By Ali Imran  

WASHINGTON, Dec. 18 :  As Pakistan found new prospects for exports with a European preferential trade deal, a Pakistani-American business leader welcomed the development but argued… 266 more words


GSP Reinstatement. Help or Hurt the Chemical Industry??

Since its inception in 1976, the Generalized System of Preferences (GSP) has provided US importers with access to competitively-priced products, supported U.S. jobs, promoted economic growth in the developing world and supported favorable labor practices by offering a competitive advantage to companies from applicable countries. 421 more words

Chemical Industry

Reasons why Bangladeshi apparel would thrive

Rana Plaza collapse has given Bangladesh and it apparel sector a bad name. The companies, governments as well as the media seemed suddenly waking up to a “lone cause” of fixing Bangladesh. 862 more words


BusinessMirror - US urged to safeguard trade benefits for low-income countries

A broad spectrum of interests are urging US lawmakers to extend a law offering trade preferences to developing countries, slated to expire at the end of the month. 200 more words


What do Bangladesh and Snowden Have in Common?

The country of Bangladesh and US fugitive Edward Snowden are both at the center of questions over the future of two U.S. trade preferential programs — the… 506 more words

International Trade Law