Daily News

USTR plans to ‘maximize utilization’ of GSP for Pacific Island nations

September 30, 2022 at 4:59 PM
The Office of the U.S. Trade Representative supports the reauthorization of the Generalized System of Preferences and will explore ways of using the trade preference program to benefit Pacific Island nations, including a possible regional association, the agency said on Thursday. In USTR’s announcement of a new “Trade and Investment Dialogue with Pacific Islands,” the agency said the U.S. would work with countries in the region on how to “maximize utilization” of GSP, “subject to Congressional reauthorization.” The program expired...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on the trade relations with China and the changes being made by the Biden administration.