CBP Updates its Synopsis of Trade Agreements/Programs
U.S. Customs and Border Protection (CBP) has posted to its Web site an updated Synopsis of certain Trade Agreements/Programs which outlines the criteria that imported articles must meet to qualify for preferential treatment under various trade agreements and programs; the statements and documents that an importer must be prepared to submit to substantiate their claim; etc.
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CBP states that this information is meant to serve as a general guidance and is not intended to constitute legally binding advice on the treatment of imported merchandise or goods under the various trade agreements/programs referenced in the document.
Synopsis Provides Guidance for 15 Trade Agreements/Programs
The trade agreements and programs discussed in this document are:
GSP (Generalized System of Preferences)
AGOA (African Growth and Opportunity Act)
AFTA (Australia Free Trade Agreement)
BFTA (Bahrain Free Trade Agreement)
ILFTA (U.S.-Israel Free Trade Agreement)
JFTA (U.S.-Jordan Free Trade Agreement)
MFTA (Morocco Free Trade Agreement)
NAFTA(North American Free Trade Agreement)
SFTA (Singapore Free Trade Agreement)
ATPA (Andean Trade Preference Act)
ATPDEA (Andean Trade Promotion and Drug Eradication Act)
CBERA (Caribbean Basin Economic Recovery Act)
CBTPA (Caribbean Basin Trade Partnership Act)
CAFTA-DR (Central America-Dominican Republic Free Trade Agreement); and
CFTA (Chile Free Trade Agreement)
In CBP's updated version of this synopsis, information on the Caribbean Basin Initiative (CBI) and the Civil Aircraft Agreement has been deleted.
newly added by this update
CBP Synopsis of Trade Agreements/ Programs (dated July 2006) available at http://search.cbp.gov/cs.html?charset=iso-8859-1&url=http%3A//www.cbp.gov/linkhandler/cgov/import/international_agreements/fta_provisions.ctt/fta_provisions.ppt&qt=preferentialtradeagreementsprogramsynopsisjuly2006&col=&n=4&la=en