Papier mache, mangoes, guava make it to US GSP

Several local products such as papier mache, dried mangoes, guavas and mangosteens have been included in the recently signed US proclamation expanding the product coverage of the so-called Generalized System of Preferences (GSP) which waives tariffs on products from various developing countries.

The US has approved the Philippines’ petition for the inclusion and redesignation of several export products worth $30 million.

Trade and Industry Secretary Manuel Roxas II said the inclusion of papier mache in the US GSP list is "a positive consideration that will primarily benefit small and medium enterprises."

"The GSP privilege would enhance the competitiveness of Philippine papier mache products in the US market and would translate to increased income and employment," he added.

The GSP is a scheme whereby the US grants preferential treatment to approximately 4,100 products from 139 beneficiary countries in the form of duty-free access.

During the annual GSP review, the US reauthorized the Philippines’ GSP privilege retroactive to Sept. 30, 2001 up to Dec. 31, 2006.

Every year, the US entertains requests for inclusion of new products in the GSP except for items which the US government deems as sensitive.