THE EUROPEAN UNION GENERALISED SCHEME OF PREFERENCES
PROMOTING SUSTAINABLE DEVELOPMENT THROUGH TRADE
The Generalised Scheme of Preferences (GSP) is a EU trade scheme that grants eligible developing countries preferential access to the European market and thereby contributes to poverty reduction and development by expanding exports from vulnerable countries. The GSP promotes international values by requiring all GSP beneficiary countries to respect fundamental human and labour rights. The EU engages in monitoring with GSP+ countries to support the effective implementation of 27 international conventions on human and labour rights, environment and climate, and good governance.