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Nine Eastern European
countries removed from the GSP
The US
has removed nine Eastern European countries from the Generalized System of
Preferences (GSP) program. The action came on May 1 when the 10 countries
officially joined the European Union. The de-listed countries include: the
Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland,
Slovakia, and Slovenia. Cyprus also joined the EU on May 1 but the US had
not previously designated it as a GSP-eligible country. The change in GSP
status reportedly affects millions of dollars of trade in agricultural and
manufactured goods.
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