Azerbaijani Goods Part Iran Nuke Deal
Azarbaycan Respublikasi short form: Azarbaycan
int’l long form: Republic of Azerbaijan int’l short form: Azerbaijan
Snippet: Representatives of the 5+1 group (comprising the United States, United Kingdom, Russia, China, France and Germany) and negotiators from Iran agreed on the broad outlines of a deal on April 2. But plenty of details still need to be filled in. The two sides are set to meet again in late April in Vienna to address unresolved issues. The aim is to have a comprehensive deal finalized by the end of June. Read more
Commentary: It would seem that part of the deal will also allow for “getting back the customs duties paid for goods delivered to the US in the period from July 31, 2013 to July 29, 2015 and it will be retroactively.” Title II GSP under the S. 1267 – Trade Preference Programs
allows for this decision.
Title II GSP stems from U.S. trade preference program first authorized by Title V of the Trade Act of 1974
that now applies to more than 120 developing countries.
Free ride at who’s expense America?
Baku in the mix of the Azerbaijan’s status
is not all to pleased with current administration of Washington, D. C.
Snippet: …At the same time, it is plausible that Baku has particular grievances with the Obama administration. Azerbaijani officials tend to see the Obama-led White House as weak and naive in its handling of the Arab Spring and failure to stand up to Russia. Azerbaijani officials also suspect that Washington is making too many concessions to Iran. Read more
reports that under the Title II GSP agreement; Importers
have 180 days (January 25, 2016) from July 29, 2015 who are entitled to full refunds of applicable duties paid since August 1, 2013 to get their claims in.