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1 1 (April 3, 2020)

handle is hein.crs/govcryu0001 and id is 1 raw text is: Role of Congress Congress first authorized GSP in Title V of the Trade Act of 1974 and has reauthorized the program repeatedly on a time-limited basis. The current authorization expires December 31, 2020. The President must notify Congress of any designations of countries as BDCs or of termination of GSP Status. GSP rep rting requir ements also include an annual report to Corig ess on the status of internationally-recognized worker rights within each BDC, ,0LBCs Beeviitrciar> Overview 20 9 GSPImot $20.8 Billion GSP imports of all BO)CS $2 ..1 Billion of LDBDCs .....42,.7% Eligible pot duty-free treat ment6 '16 100513aC t611 ISO ~iCit~~ lsis t iD~)j India was the largest GSP beneficiary before losing GSP status In 2018, U.S. GSP imports ($6.3 billion from India was the highest among BDCs. ARGENTINA ECUADOR SOUTH AFRICA TURKEY CAMBODIA6 PHILIPPINES BRAZ L INDONESIA C iNDIA THAILAND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....................... ............................ ............................. .................................. mn .......................... ...................................................................................... .................................................................................. ............... '00 ...... ............. .................... ...................... ............... ........................................ $20b $40b $60b :Dr MAriLC OTHER DU~TY-ROEE \\' GST 01 ,TV 4EE ... .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. .. . s.. ... . . . . . .. . . . . . . .. . . . . . . .. . . . . . .. . . . . . . .. . . . . . . .. . . . . . . 3,800+ pro ducts may receive duty-fPee treatment under GSR 1,500 additional products are elIgible for GSP benefits for LDBDCs. GOLD NECKLACES TRAVEUSPORTS BAGS PLASTIC HANDBAGS GLOVES AND M-FENS LEATHER HANDBAGS > $20 CERTAIN FRUITJUICE PLATINUM JEWELRY CHRISTMAS LIGHTS AIR, CONDITIONER PARTS BEVERAGE SWEETENERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0 $200m $400m 2 19 MAY 17 Turkey's GSP de',iqnatinn formally tetrminated based on sufficient level of economic development 84 FR 23425 :..............iiiiiii p JUNE 6 terminated for lackof market access, 84 FR 263 23 * OCT 30 Ukraine's benefits partially restored after the President determined the country is providing adequate iPR protection. 84 FR 58567 i ..2020 MARCH 2 TPSCs GSP Subcornmittee begins 2020 annual review, 8.5 FR 12381 MARCH 5 (Onmonq t 06) COUNTRY PRACTICE REVIEWS Azerbaiian, F, uador, Georgia, Indonesia Kazakhstan,'Thailand, South Africa, and Uzbekistan, COUNTRY DESIGNATION REVIEW Laos, APRIL 25 Thailand's benefits to be partially suspended for worker riqhts violations. 84 FR 58567 DEC. 31 Current authorizati n of GSP expires Traudr' Comnission Lu ssset and Us'.s', , , USA Irut- (r o s' I formation 'prepatoT:d by Iinand Worm. Andy..t in tnternational ad rl d Franc ro,1 Man .ee. Vsuai Information SpeiAs>t ro rotore irformnitoo so> 0R5 Repo't RL336, Geoneralized System o rreferemnQe, (4SP}: Ovrview and ksues for Conqress, by Vivian C jons. CRS ......................................................................................................................................................................... i

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