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CUSTOMS AND INTERNATIONAL TRADE
FREE TRADE AGREEMENTS
GSP/ATPA UPDATE 02/07 Now that Bulgaria and Romania are members of the EC, they
are no longer eligible for GSP treatment. However, GSP for other eligible countries has been extended through December 31, 2008 and ATPA through June 30, 2007.
NAFTA CHANGE 09/06
Goods which qualify for NAFTA from either Canada or Mexico
are subject to declaration with the special indicator – CA for Canada and MX for Mexico – in order to obtain duty free treatment. When such goods are imported, they are also exempt from payment of the merchandise
processing fee. There are many such shipments arriving from these two countries which do not claim NAFTA but may nonetheless be exempt from payment of the MPF.
In the August 23, 2006 Federal Register,
Customs has proposed to raise the threshold amount for exemption of production of the Certificate of Origin to $2,500, provided the necessary signed statement is made on or with the invoice. $2,500 is the total
value of the shipment and not the line item value. Additionally, Customs proposes that in those instances where goods are imported from Canada or Mexico and are exempt from the MPF, the CA and MX indicators should
be stated on the entry summary, even if NAFTA is not claimed. Comments must be filed no later than October 23, 2006.
U.S.-CHILE FTA 02/04
Looking for basic information about this agreement, the Certificate of Origin and how to fill it out?
Check http://www/mac.doc.gov/chilefta. The site only works intermittently so if you are desperate, let us known and we’ll e-mail you the materials.
Jordan Free Trade Agreement Wrinkle
01/02
Although the U.S.Jordan Free Trade Agreement took effect as of December 17, 2001, Customs programming has not yet caught up. As a result, filers who want to take advantage of the benefits are being
required to file nonABI entries until further notice.
AOGA/CBTPA 12/00
Wondering about the particulars of the new Caribbean and Africa trade bill? Check out the article just posted on our
web site. We have also just added an article which explains the Post Entry Amended test program finally announced by Customs. It is expected to eliminate Supplemental Information Letters and allow importers to file
quarterly reports in many instances instead of the current cumbersome entry-by-entry correction process, although in specific instances immediate correction of an entry is still required.
AFRICA-CBI BILL DELAYED 10/00
Because of ambiguities in the new Africa-CBI bill, Customs is seeking clarification from Congress focused on the scope and extent of benefits to be granted.
Customs
has also announced that although the regulations implementing the new law were to take effect on October 1, 2000, there are too many open questions for those regulations to be published just yet plus ACS programming
will not be completed on time. In other words, importers will not be able to make claims under the new law for some time.
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