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Generalized System of Preferences (GSP)
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Definition
“A program designed to promote economic growth in the developing world, provides preferential duty-free entry for about 4,900 products from 132 designated beneficiary countries and territories. The GSP program was instituted on Jan. 1, 1976, and authorized under the Trade Act of 1974 for a 10-year period. The GSP Program is currently authorized through December 31, 2009.” (Generalized System of Preferences) Summary Violence, slave labor, and dangerous working conditions for Guatemalan laborers put the small, South American country’s trade preference eligibility, under the Generalized System of Preferences, under review by the United States. “Challenging Guatemala’s Labor Abuses”, includes information regarding the country’s lack of respect for labor laws, the United States overlooking the poor working conditions in the country, the details surrounding Guatemala’s review for eligibility and the measures taken by Guatemala to hold on to those benefits associated with the GSP. Discussion With the largest amounts of Guatemalan exports heading to the United States and a sizeable portion of these receiving preferential treatment (Challenging Guatemala 's Labor Abuses, 2008), Guatemala needed to make some kind of acceptable changes in respect to their labor standards to retain their Generalized System of Preferences eligibility. Guatemalan workers “are forced to labor under unbearable conditions. Union organizing is met with layoffs, “disappearances”, and deat...
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