ANNOUNCEMENT 17 Jan 2013In January 2013, the government of the United States of America announced a change in the technical requirements for goods market entry.
NUMBER OF INTERVENTIONS
Effective January 17, 2013 U.S. Customs and Border Protection (CPB) increased the informal entry limit from $2,000 to $2,500. This step could facilitate trade in small shipments by reducing administrative burdens
The initiative began in a proposed rulemaking published in the Federal Register on October 28, 2011 (Vol.76 No.209). Section 662 of the Customs Modernization provisions of the North American Free Trade Agreement Implementation Act raised the statutory limit by which the Secretary of the Treasury is authorized to prescribe rules and regulations for the declaration and entry of, among other things, imported merchandise when the aggregate value of the shipment does not exceed an amount specified, but not greater than $2,500. The limit of $2000 was established in 1998 and while that dollar amount has been unchanged, inflation over the intervening years has reduced the value of that amount in real terms. CBP also proposes to remove the language requiring formal entry for certain articles because with the elimination of absolute quotas under the Agreement on Textiles and Clothing the agency no longer needs to require formal entries for these articles.