CBP Publishes Updated FTA Side-By-Side Comparison

Posted by Sarah Lilly on 4/19/17 4:50 PM

On March 31, 2017 U.S. Customs and Border Protection (CBP) published a side-by-side comparison of eighteen U.S. Free Trade Agreements (FTAs) and preferential trade programs.

Areas of focus, among others, include Merchandise Processing Fee (MPF) exemptions, Documentation Requirements, Regional Value Content, and an additional section, Tariff Shift Rules Updated to 2017 HTSUS.

The following FTAs are exempt from MPF:

  • North American FTA (NAFTA)
  • Chile (CLFTA)
  • Singapore (SGFTA)
  • Australia (AUFTA)
  • Israel (ILFTA)
  • Bahrain (BHFTA)
  • Oman (OMFTA)
  • Central American-Dominican Republic (CAFTA-DR)
  • Peru (PTPA)
  • Korea (UKFTA)
  • Colombia (CTPA)
  • Panama (PAFTA)
  • Generalized System of Preference (GSP)- only products of Least Developed Countries
  • African Growth and Opportunity Act (AGOA)- Exempt when products of an LDBDC
  • Caribbean Basin Economic Recovery Act (CBERA)
  • Caribbean Basin Trade Partnership Act (CBTPA)

The expiration dates for both AGOA and GSP were updated by CBP as well.

The side-by-side comparison can be accessed here:

https://www.cbp.gov/sites/default/files/assets/documents/2017-Mar/Side-by-Side%2C%2003%2729%2717.pdf

Topics: CBP, FTA

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