CSMS# 12-000162 – Goods of Argentina to Lose GSP Benefits
Dear Valued Customer,
The below bulletin was issued by Customs on Monday 5/14/2012 advising that the GSP eligibility for Argentina will be suspended. Customs Duties will now apply to all imports from Argentina.
On March 26, 2012, President Obama issued Presidential Proclamation 8788 (FR 1889, March 29, 2012) suspending Argentina’s GSP eligibility because Argentina had not acted in good faith in enforcing two longstanding arbitral awards.
Goods of Argentina will lose Generalized System of Preference (GSP) eligibility if entered or withdrawn from warehouse for consumption on or after May 28, 2012.
If you have any questions please contact us at 305-471-8989.
Thank you for your continued support,