US extends GSP status for Indonesia World

US extends GSP status for Indonesia

Indonesia’s Foreign Minister Retno LP Marsudi said on November 1 that the country has retained its status as a beneficiary of the US’s Generalized System of Preferences (GSP) following a recent visit to Jakarta by US Secretary of State Mike Pompeo.
US review of Indonesia trade preference to conclude soon World

US review of Indonesia trade preference to conclude soon

US Commerce Secretary Wilbur Ross said on November 6 that the US review of a trade preference facility for Indonesia will conclude soon with far more investment from American firms in Southeast Asia’s biggest economy, Reuters reported.
Lao exports via GSP, FTAs near 1.31 bln USD in 2018 World

Lao exports via GSP, FTAs near 1.31 bln USD in 2018

Laos’ exports via the Generalised System of Preferences (GSP) and free trade agreements (FTAs) neared 1.31 billion USD last year, accounting for 24.3 percent of the total exports, according to the Lao News Agency KPL on May 6.
New regulations on GSP issued Business

New regulations on GSP issued

The Ministry of Industry and Trade has issued new regulations on the implementation of the Generalised System of Preferences (GSP) of the European Union, Norway, Switzerland and Turkey.
Vietnamese exporters must self-verify origin from 2019 Business

Vietnamese exporters must self-verify origin from 2019

Vietnam’s exporters must self-verify the origin of their products that they export to the European Union (EU) from 2019 to be qualified for Generalised System of Preferences (GSP) which is the tariff preference for developing countries.