ARGENTINA: U.S. To Eliminate Import Duties To More Than 700 Products

(RTTNews) - Argentina will be able to export more than 700 products to the United States with a zero tariff after returning to the country's Generalized System of Preferences (GSP).

The U.S. eliminates duties on thousands of products when the imports come from one of the GSP-listed countries. Argentina returned to the list last December, after spending six years away from the program.

Argentina believes that benefits to the country could reach US$ 400 million per year.

Among the main Argentinean products benefiting from the measure are wines, jellies, candies, processed peanuts, parmesan cheese, olive oil, refined sugar, and green olives.