Generalized System of Preferences
trade. Also GSP
A US trade programme, created by the Trade Act of 1974, that let thousands of products from designated developing countries enter the United States duty-free, subject to eligibility criteria such as respect for workers’ rights and protection of intellectual property. Pakistan was a beneficiary. The programme’s authorisation expired on 31 December 2020, and since then goods that qualified pay normal tariffs unless Congress renews it.123
Linked from 2 pages across CUPA.
Sources
- Generalized System of Preferences (GSP): Overview and Issues for Congress (RL33663). Congressional Research Service. Official
- GSP Expiration: Frequently Asked Questions. Office of the US Trade Representative. Official
- USTR Ends Review of Pakistan’s Protection of Intellectual Property Rights. Office of the US Trade Representative, 2006-01. Official
