USTR Extends Deadline for GSP CNL Waiver Petitions

The office of the U.S. Trade Representative (USTR) extended the deadline for submission of petitions to waive competitive need limitations (CNLs) under the Generalized System of Preferences (GSP) program. The deadline is extended to 5 p.m. Dec. 20 from the previous Nov. 22 deadline (see 13072614). Unless President Barack Obama waives the CNL, the president must terminate duty-free treatment for GSP eligible countries that either (1) exported a quantity of a GSP-eligible article having a value in excess of the applicable amount for that year ($160 million for 2013), or (2) a quantity of a GSP-eligible article having a value equal to or greater than 50 percent of the value of total U.S. imports of the article from all countries. There will be no CNL action taken while GSP remains expired (see 13111808).