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EU - Generalised System of Preferences (GSP)

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Syllabus of the Subject: European Union Generalised System of Preferences (GSP)

  1. Introduction to the EU's Generalised System of Preferences (GSP)
  2. The New GSP preferences (2014-2024)
  3. Revised EU trade scheme to help the developing countries
  4. Beneficiary countries under the current GSP
  5. Products enjoying preferences in the reformed Generalised System of Preferences
  6. Practical guide to the new GSP trade regimes for the developing countries
  7. The New Union Customs Code and the GSP
  8. The three EU import regimes
  9. European Union's Foreign Trade with the GSP countries
  10. GSP+ scheme
    1. Background of the GSP+
  11. Everything But Arms arrangement (EBA)
  12. Duty-free and quota-free treatment for all the least-developed countries
  13. GSP rules of origin
    1. Tolerance or De Minimis
    2. Types of cumulation (Bilateral, Regional, Extended)

The objectives of the subject “Generalised System of Preferences (GSP)” are the following:

  1. To understand the characteristics of the new EU's Generalised System of Preferences (GSP)
  2. To analyse the SPG + scheme and the Everything but Arms arrangement
  3. To know which countries and under what conditions are beneficiaries of the GSP
  4. To know how to use the rules of origin under the Generalised System of Preferences

Sample: European Union (EU) Generalised System of Preferences
Generalised System of Preferences (GSP, European Union) Everything But Arms arrangement (EBA)

The Subject “Generalised System of Preferences (GSP)” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
  1. Doctorates: European Business, African Business, World Trade
  2. Masters: Business in Europe, Africa, International Business, Foreign Trade, Economic Relations
  3. Courses: International Relations of Africa, Eastern Europe, EU International Relations, Export to the EU

Learning materials in Courses, Masters, Doctorates in International Business and Foreign Trade in English or Study Master Doctorate in International Business in Spanish Sistema Preferencias Generalizadas (SPG) Study, Course Master Doctorate in International Business in French Système préférences généralisées SGP Masters Foreign Trade in Portuguese Sistema de preferências generalizadas SPG

Student, Online Doctorate in International Business

Masters and Doctorates in International Business adapted for the Students from the European Union, Masters, Doctorates, Courses, International Business, Foreign Trade European Union

Online Education (Courses, Masters, Doctorates): EU International Relations

Online Education (Courses, Masters, Doctorates): Export to the European Union

Online Education (Courses, Masters, Doctorates): International Relations of Africa

European Union GSP Form A, Course Master

Description: European Union's Generalised System of Preferences (GSP)

Since 1971, the European Union schemes like the Generalised System of Preferences (GSP) have allowed to the developing countries to pay lower import tariffs.

Under the revised scheme of the GSP (Generalised System of Preferences), imports that will receive the Generalised System of Preferences are estimated at EUR 37.7 billion.

The actual Generalised System of Preferences scheme covers three factors:

  1. The General Generalised System of Preferences Arrangement (import tariff reductions)
  2. The Special incentive arrangement for sustainable development and good governance (GSP+). GSP+ offers additional preferences to support the vulnerable developing countries in their ratification and implementation of international conventions in the field of human and labour rights, sustainable development and good economic governance
  3. The Everything But Arms Arrangement, which provides for the complete access (duty-free and Quota-free) to the European Union's market except for arms and armaments for the Least-Developed Countries (as defined by the United Nations)

In 2001, the Council adopted the “Everything But Arms Regulation,” granting duty-free access to imports of all the products from the Least-Developed Countries, except arms and ammunitions.

Total GSP (Generalised System of Preferences) beneficiary countries: 88 (177 in the previous scheme).

The Least-Developed Countries benefiting from “Everything But Arms” arrangement (40 countries):

  1. Africa (34 countries): Angola, Burkina Faso, Burundi, Benin, Chad, the Democratic Republic of the Congo, the Central African Republic, Djibouti, Eritrea, Ethiopia, the Gambia, Guinea, Equatorial Guinea, Guinea-Bissau, the Comoros, Liberia, Lesotho, Madagascar, Mali, Mauritania, Malawi, Mozambique, Niger, Rwanda, São Tomé and Príncipe, Sudan, South Sudan, Sierra Leone, Senegal, Somalia, Togo, Tanzania, Uganda, Zambia, Kenya, and Cape Verde
  2. Asia-Pacific (9): Afghanistan, Bangladesh, Bhutan, Cambodia, Laos, Myanmar, Nepal, East Timor, Yemen, Kiribati, Samoa, Solomon Islands, Tuvalu, and Vanuatu
  3. The Caribbean: Haiti

GSP+ beneficiaries (13): Armenia, Bolivia, Cape Verde, Costa Rica, Ecuador, El Salvador, Georgia, Guatemala, Mongolia, Pakistan, Panama, Paraguay, and Peru.

GSP Beneficiaries until 31 December 2015: Colombia, Costa Rica, Guatemala, Ecuador, El Salvador, Honduras, Nicaragua, Panama, Peru, China, Ecuador, Maldives, Turkmenistan, and Thailand.

Countries that are no longer on the GSP beneficiary list (current scheme).

  1. All the European Union members, the United States, Australia, and New Zealand are not beneficiaries
  2. Mediterranean Partnership (EUROMED): Algeria, Egypt, Jordan, Lebanon, Morocco, and Tunisia
  3. CARIFORUM members
  4. Latin America: Argentina, Brazil, Cuba, Mexico, Uruguay, and Venezuela
  5. Russia, Azerbaijan, Belarus, and Kazakhstan
  6. Africa: Gabon, Libya, Mauritius, the Seychelles, South Africa, and Zimbabwe
  7. The Middle East: Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates (UAE), and Oman
  8. Asia: Brunei Darussalam, Iran, Macau, Maldives, Malaysia, and Papua New Guinea

Member Countries of the European Union: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, France, Estonia, Finland, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

United Kingdom (non-EU member, BREXIT).

The Generalised System of Preferences belongs to the European Economic Area of the Western civilisation.

Customs Code, European Union (Goods Receipt, Declarations and Simplifications)

Online Education (Courses, Masters, Doctorates): Foreign Trade

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