contributing to poverty reduction by expanding exports from vulnerable countries
promoting sustainable development and good governance
About GSP - 3 things you should know about the EU’s GSP
3 things you should know about the EU’s GSP
- 1) Developing countries are automatically granted GSP if they are classified below ‘upper middle income’ by the World Bank and do not have a preferential access to the EU market
- 2) Least-developed countries (LDCs) are automatically included in the EBA even if they have other preferential market access
- 3) The EU actively promotes sustainable development as all GSP beneficiaries have to respect 15 core conventions on human rights and labour rights
Withdrawal mechanism: ensuring effective implementation of the EU’s sustainable development objective
Preferences may be temporarily withdrawn if one or more of the following cases applies to a beneficiary country
- Serious and systematic violation of core human rights and labour rights conventions
- Export goods are made by prison labour
- Serious shortcomings in customs controls with regard to the export or transit of drugs
- Failure to comply with international conventions on antiterrorism and money laundering
- Serious and systematic unfair trading practices
- Serious and systematic infringements of the objectives adopted by regional fishery organisations or any international arrangements to which the EU is a party.
Safeguard mechanism: Protecting European Producers
The safeguard mechanism prevents European producers from experiencing difficulties as a result from preferential imports under the GSP.
Applying for safeguard measures
- The Commission can initiate safeguard measures independently, or
- the Commission initiates safeguard measures after a request by an EU Member State, any legal person or any association
The Commission has the authority to immediately reinstate Common Customs Tariff duties in urgent cases.
- Specific safeguards were introduced for textile, agriculture and fishery products
- The specific safeguards do not apply to EBA beneficiaries or countries with a share of imports into the EU of less than 6 per cent of all GSP covered imports.