>  Term: cargo preference
cargo preference

The Cargo Preference Act (P.L. 83-664) requires that whenever the federal government pays for equipment, material, or commodities shipped to other countries, a minimum percentage of the gross tonnage shipped by sea must go by U.S. flag vessels. Cargo preference requirements have been an issue in U.S. international food aid and export subsidy programs.

0 0

작성자

  • AjayOwor
  •  (Gold) 1463 포인트
  • 100% positive feedback
© 2024 CSOFT International, Ltd.