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Proc 9188ProclamationObama · D Quiet signal

Proclamation 9188

To Modify the List of Beneficiary Developing Countries Under the Trade Act of 1974

TradeTradeEconomy & LaborEconomy & Labor

In simple terms

This proclamation terminates Russia's designation as a beneficiary developing country under the Generalized System of Preferences, effective October 3, 2014, removing its duty-free trade privileges. The action modifies the Harmonized Tariff Schedule to reflect this change, following notification to Congress and Russia on May 7, 2014.

Federal Register Open PDF 79 FR 60945

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 79 FR 60945

    Federal Register PDF

  3. Termination of Russia's beneficiary developing country designation takes effect

  4. Notification to Congress and Russia of intent to terminate (already completed)

Key directives

  • Terminate Russia's designation as beneficiary developing country effective October 3, 2014
  • Modify general notes 4(a) and 4(d) and pertinent subheadings of the HTS
  • Supersede inconsistent provisions of prior proclamations and Executive Orders

Prior policy

  • supersedeprior proclamations and Executive Orders with inconsistent provisions

What to expect

Immediate

  • Termination of Russia's beneficiary developing country status takes effect October 3, 2014
  • Loss of duty-free treatment under GSP for Russian exports to US

Near term (90d)

  • Implementation of HTS modifications for customs processing
  • Adjustment by importers to new tariff rates on Russian goods

Long term

  • Structural shift in US-Russia trade relations
  • Potential Russian retaliation or WTO considerations

Risks & tensions

  • 60-day notification requirement was satisfied (May 7 to October 3 exceeds 60 days)
  • Timing amid broader geopolitical tensions with Russia (post-Crimea annexation in March 2014)
  • Russia may challenge at WTO or retaliate with own trade measures
  • Limited direct economic impact as Russia's GSP utilization was relatively small
Proclamation 9188: To Modify the List of Beneficiary Developing Countries Under the Trade Act of 1974 · Executive Orders