WASHINGTON DC, April 25 -- The United States Congress is likely to approve the revival of the Generalized Scheme of Preferences (GSP) "possibly before November," the Philippine Embassy in the US said Wednesday.

Philippine Ambassador to the US Jose Manuel Romualdez said a number of American companies, including those based in the Philippines, have been lobbying along with other nations for the reauthorization of the trade preference program.

"Actually, there is already a move from the US Congress to approve it," he said in an interview with visiting Filipino reporters.

"I'm not sure whether it has already been presented but I know, we've had several meetings with several congressmen and senators, they did say that it was already part an...