S.K. Ross & Assoc., P.C.
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FREE TRADE AGREEMENTS

Jordan Free Trade Agreement Wrinkle
01/02

Although the U.S.­Jordan Free Trade Agreement took effect as of December 17, 2001, Customs programming has not yet caught up. As a result, filers who want to take advantage of the benefits are being required to file non­ABI entries until further notice.

AOGA/CBTPA
12/00

Wondering about the particulars of the new Caribbean and Africa trade bill? Check out the article just posted on our web site. We have also just added an article which explains the Post Entry Amended test program finally announced by Customs. It is expected to eliminate Supplemental Information Letters and allow importers to file quarterly reports in many instances instead of the current cumbersome entry-by-entry correction process, although in specific instances immediate correction of an entry is still required.

 

AFRICA-CBI BILL DELAYED
10/00

Because of ambiguities in the new Africa-CBI bill, Customs is seeking clarification from Congress focused on the scope and extent of benefits to be granted.

Customs has also announced that although the regulations implementing the new law were to take effect on October 1, 2000, there are too many open questions for those regulations to be published just yet plus ACS programming will not be completed on time. In other words, importers will not be able to make claims under the new law for some time.

 

 

 

Copyright © 1999-2002 S.K. Ross & Assoc., P.C. The materials provided herewith are for informational purposes only and do not constitute legal advice. As the materials on this web site are generally time sensitive, for the most up-to-date information on a given topic you should be sure to contact us for more details.