Senate Approves Extension For Trade Preferences

Law360, New York (December 23, 2009, 11:39 AM EST) -- The U.S. Senate has signed off on one-year extensions for two trade programs allowing certain developing nations, including Ecuador, to export thousands of goods to the U.S. duty-free, clearing the bill for the president's signature.

Senators on Tuesday approved by a voice vote H.R. 4284, which extends the scheduled expiration date for the Generalized System of Preferences and the Andean Trade Preference Act by a year.

The U.S. House of Representatives passed the bill last week, and the president is expected to sign it before the...
To view the full article, register now.