U.S. House of Representatives Passes One-Year Extension of GSP and ATPA Trade Preference Programs
This afternoon the U.S. House of Representatives passed H.R. 4284, legislation to extend the expiring Generalized System of Preferences (GSP) and the Andean Trade Preferences Act (ATPA) trade preference programs until December 31, 2010.
The debate on the House floor made clear that the House intends to consider GSP and other trade preference reform in 2010.
The bill now moves to the Senate where supporters hope the bill will be considered before the Christmas recess.