Proc 7468ProclamationG.W. Bush · R

Proclamation 7468

To Modify Duty-Free Treatment Under the Generalized System of Preferences

This proclamation redesignates Indonesia as a beneficiary developing country under the Generalized System of Preferences (GSP) for certain eligible articles that had previously exceeded competitive need limitations. It modifies the Harmonized Tariff Schedule of the United States to restore duty-free treatment for those specific Indonesian imports. The changes take effect upon Federal Register publication.

Impact dates

  1. Modifications effective upon Federal Register publication

Key directives

  • Redesignate Indonesia as GSP beneficiary for certain eligible articles previously exceeding competitive need limitations
  • Modify general note 4(d) to the HTS
  • Modify Rates of Duty 1-Special subcolumn for enumerated HTS subheadings
  • Supersede inconsistent provisions in prior proclamations and Executive Orders

Timeline

Immediate

  • Proclamation signed September 19, 2001
  • Modifications to HTS general note 4(d) and duty rates

Near term (90d)

  • Federal Register publication triggers effective date for duty-free treatment

Long term

  • Restored GSP benefits for Indonesia on specified articles pending future competitive need reviews

Risks & tensions

  • Exact HTS subheadings not specified in body text (contained in unpublished Annex)
  • Competitive need limitation mechanism may trigger future re-exclusion if imports rise again
  • Supersession clause is standard but creates uncertainty about which prior provisions are affected
Proclamation 7468: To Modify Duty-Free Treatment Under the Generalized System of Preferences · Executive Orders