On December 18, 2023, the U.S. Department of Commerce published in the Federal Register (88 FR 87406) the 12-Month Cap on Duty-Free Benefits for the one-year period beginning on December 20, 2022, of 412,506,163 square meters equivalent.
SUMMARY: CBERA, as amended, provides duty-free treatment for certain apparel articles imported directly from Haiti. One of the preferences is known as the ``value-added'' provision, which requires that apparel meet a minimum threshold percentage of value added in Haiti, the United States, and/or certain beneficiary countries. The provision is subject to a quantitativ elimitation, which is calculated as a percentage of total apparel imports into the United States for each 12-month period. For the period from December 20, 2023 through December 19, 2024, the quantity of imports eligible for preferential treatment under the value-added provision is 313,655,640 square meters equivalent. ecember 20, 2022 through December 19, 2023, the quantity of imports eligible for preferential treatment under the value-added provision is 412,506,163 square meters equivalent.
DATES: The new limitations become applicable December 20, 2023.
No comments:
Post a Comment