news agency
Brazil, Argentina and 23 countries ask the US to restore tariff exemptions

Brazil, Argentina and 23 countries ask the US to restore tariff exemptions

Twenty-five countries, including Argentina, bolivian, Brazil, Ecuador and Paraguayanasked this Thursday the Congress of USA to restore a system that allows them to export certain goods without paying dutyreported the Argentine embassy in Washington.

The Generalized System of Preferences (GSP), started in 1974, eliminates tariffs on certain products from developing and low-income countries, but expired at the end of December 2020

Since then, exporters must pay tariffs until the US Congress agrees to renew it.

“We are asking the legislators of the United States to assign the highest possible priority to the process of restoring the GSP, since behind the export figures and tariffs, there are families that work and that today cannot market their production ”affirmed the Argentine ambassador, José Argüello.

Argentina met at the embassy officials from Bolivia, Brazil, Ecuador, Paraguay, Ukraine, Pakistan, Tunisia, Yemen, Indonesia, the Philippines, Lebanon, Algeria, Thailand, Burma, Nepal, Cambodia, Georgia, Kyrgyzstan, Macedonia, Moldova, Serbia, Sri Lanka, Mongolia and Fiji.

The representatives of these countries discussed “the consequences derived from the loss of market after the interruption of the program”such as unemployment, according to a statement released by the Argentine embassy.

The executive director of the GSP Coalition, Dan Anthony, participated in the meeting, representing more than 350 US companies interested in continuing to buy products from their international suppliers under this regime.

The affected countries estimate that the reestablishment of the system would improve the supply of the United States market, in a context marked by inflation and interruptions in the supply chain.

At the end of the meeting, the diplomats signed a letter addressed to Congress in which they request a high-level meeting with all the countries of the Alliance to promote the restitution of the import regime, “retroactively in terms of taxes already paid.”

(With information from AFP)

Source: Gestion

You may also like

Hot News



follow us