Bush announces trade concessions for Azerbaijan
The United States will make trade concessions to
Azerbaijan within its Generalized System of Preferences (GSP), US
President George Bush has announced.
Bush forwarded a letter on Azerbaijani trade to Congress on Friday, the White House said.
The GSP, a program designed to promote economic growth in the developing world, provides preferential duty-free entry for more than 4,650 products from 131 designated beneficiary countries and territories.
It added that Azerbaijan, as well as Kosovo, which will also benefit from the measure, are to be included in the Developing Countries category in the GSP.
The US president also indicated that he was intent on further boosting relations with the South Caucasus republic.
Bush forwarded a letter on Azerbaijani trade to Congress on Friday, the White House said.
The GSP, a program designed to promote economic growth in the developing world, provides preferential duty-free entry for more than 4,650 products from 131 designated beneficiary countries and territories.
It added that Azerbaijan, as well as Kosovo, which will also benefit from the measure, are to be included in the Developing Countries category in the GSP.
The US president also indicated that he was intent on further boosting relations with the South Caucasus republic.
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