The U.S. Trade Representative (USTR) announced that the U.S. intends to terminate India and Turkey as designated beneficiary developing countries under the Generalized System of Preferences (GSP) program, as they no longer comply with statutory eligibility criteria.
India is being terminated because of their failure to provide the U.S. with assurance they will provide equitable and reasonable access to their markets in numerous sectors.
Turkey is being terminated following a finding that Turkey is sufficiently economically developed and no longer requires preferential market access to U.S. markets.
GSP termination will be enacted by a Presidential Proclamation, which may not occur until at least sixty days after notification to Congress, and to the governments of India and Turkey. President Trump notified Congress on March 4, 2019.
If you have any questions regarding the pending termination of GSP for India and Turkey, Livingston can help! Please contact either your Livingston account manager or our regulatory affairs group at usregaffairs@livingstonintl.com