Executive Office of the President October 6, 2005 – Federal Register Recent Federal Regulation Documents

Legislation authorizing the Generalized System of Preferences (GSP) program expires on December 31, 2006. As Congress considers re- authorization of the program, the Trade Policy Staff Committee (TPSC) is reviewing whether the Administration's operation of the program should be changed so that benefits are not focused on trade from a few countries and developing countries that traditionally have not been major traders under the program receive benefits. The TPSC will conduct a public hearing and is requesting public comment on this subject.