White House Restores Myanmar as GSP Beneficiary

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On September 14, 2016 the White House issued a Presidential Proclamation to Congress that will restore Generalized System of Preferences (GSP) trade benefits to Burma.

In April 1989, Burma was suspended from receiving GSP preferential treatment by Proclamation 5955. President Obama has now determined that the suspension will be lifted and Burma be designated a least-developed beneficiary developing country.

Read more at expeditors.com

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