USTR Reviewing Nepalese Goods for Preferential Treatment
The Office of the U.S. Trade Representative is starting to review the eligibility of certain imports from Nepal for preferential tariff treatment, USTR said (here). The review is a result of authority granted through the Trade Facilitation and Trade Enforcement Act of 2015 (see 1603010043). The law authorizes the White House and USTR to begin consideration of extending duty-free treatment to certain goods from Nepal of HTS headings 4202, 4203, 5701, 5702, 5703, 5705, 6117, 6214, 6216, 6217, 6301, 6308, 6504, 6505 and 6506, subject to certain conditions.
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In order to qualify for the preferential treatment, Nepal must fit eligibility criteria outlined in the African Growth and Opportunity Act (AGOA) and the U.S. Generalized System of Preferences (GSP). The South Asia Subcommittee of USTR’s Trade Policy Staff Committee is requesting public comments on the review by April 28. Comments can be filed in docket number USTR-2016-0005 onwww.regulations.gov.
(Federal Register 03/28/16)