Seychelles, Uruguay, and Venezuela removed from GSP

According to STRtrade.com,

“Seychelles, Uruguay, and Venezuela will be graduated from the Generalized System of Preferences as of Jan. 1, 2017. This change was set forth in an October 2015 presidential proclamation after these three countries were determined to have become high-income countries as defined by the official statistics of the World Bank.

As a result of this change, effective Jan. 1 goods under about 3,500 eight-digit tariff lines from Seychelles, Uruguay, and Venezuela will again be subject to tariffs when imported into the U.S. A list of affected products is available here.

Also as of Jan. 1 Seychelles is also being removed as a beneficiary under the AGOA.”

GSP-eligible for All Beneficiary Countries (July 2016) An “A” in the GSP Indicator column designates articles that are GSP-eligible from any beneficiary developing country (BDC).

An “A*” indicates that one or more specific BDCs, listed in the rightmost column, have lost GSP eligibility for that article. View Table

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