On July 14, 2015, after twenty months of negotiations, Iran and six world powers (P5+1) have concluded an agreement that will lift sanctions on Iran but impose strict limits on its nuclear program. The Joint Comprehensive Plan of Action (JCPOA), between Iran, US, UK, France, Germany, Russia and China conditions the sanctions relief on Iran’s [...]
On June 29, 2015, President Obama signed into law the Trade Preferences Extension Act (H.R. 1295), which renews the Generalized System of Preferences (GSP) program. The GSP program provides non-reciprocal, duty-free treatment to certain products imported from developing countries for the use by U.S. companies in manufacturing goods for domestic consumption. The GSP has been [...]
On July 14, 2015, after twenty months of negotiations, Iran and six world powers (P5+1) have concluded an agreement that will lift sanctions on Iran but impose strict limits on its nuclear program. The Joint Comprehensive Plan of Action (JCPOA), between Iran, US, UK, France, Germany, Russia and China conditions the sanctions relief on Iran’s [...]
