“Minister of Foreign Trade and Economic Relations of BiH, Mirko Sarovic, informed businessmen from BiH that the United States of America (USA) allowed a new extension of privileged imports to BiH.

The validity of the General System of Preferences of the US for BiH was extended for all business subjects that are exporting or preparing to export goods to the market of the US, and it was valid until the end of last year.

By the new revision of the US Congress, the GSP program will be valid from April 22, 2018, until December 31, 2020. The GSP program is applied retroactively, and thus importers who already paid customs duties on goods in the non-duty regime of the RS can request refunding of customs costs that were collected during the audit process between January 1, and April 22, 2018.” (Sarajevo Times)