Brussels, 1-11-2012 — /europawire.eu/ — The EU has issued today its revised import preference scheme – known as the Generalised Scheme of Preferences (GSP) – for developing countries most in need which will take effect from 1 January 2014. Following agreement with the Council and European Parliament, today’s publication contains the specific tariff preferences granted under the GSP in the form of reduced or zero tariff rates and the final criteria for which developing countries will benefit. The new scheme will be focused on fewer beneficiaries (89 countries) to ensure more impact on countries most in need.
At the same time, more support will be provided to countries which are serious about implementing international human rights, labour rights and environment and good governance conventions.
“I am delighted that EU Member States and Members of the European Parliament have backed the Commission’s proposal to make our preferential import scheme more effective. It was an important recognition that key developing economies have become globally competitive. This now allows us to tailor our pro-development trade scheme to give the countries still lagging behind some additional breathing space and support.” said EU TradeCommissioner Karel De Gucht.
The current GSP scheme will remain valid until 1 January 2014, thus giving economic operators time to adapt to the revised regime.
The Council and the European Parliament built on the Commission’s proposal by introducing a wider though limited expansion of products and preferences, a longer transition period for the application of the new GSP, and by expanding specific safeguards to include ethanol and plain textiles.
Which partners are beneficiaries in the reformed GSP?
The new scheme is expected to start with 89 beneficiaries: 49 least developed countries in the Everything But Arms scheme, and 40 other low and lower-middle income partners:
Everything But Arms (49):
- 33 in Africa (Angola, Burkina Faso, Burundi, Benin, Chad, Congo (Democratic Republic of), Central African (Republic), Djibouti, Eritrea, Ethiopia, Gambia, Guinea, Equatorial Guinea, Guinea-Bissau, Comoros Islands, Liberia, Lesotho, Madagascar, Mali, Mauritania, Malawi, Mozambique, Niger, Rwanda, Sudan, Sierra Leone, Senegal, Somalia, Sao Tome and Principe, Togo, Tanzania, Uganda, Zambia);
- 10 in Asia (Afghanistan, Bangladesh, Bhutan, Cambodia, Lao (People’s Democratic Republic), Maldives (until end 2013 as they have exited the UN Least Developed Country list), Myanmar/Burma (preferences currently withdrawn), Nepal, Timor-Leste, Yemen);
- 5 in Australia and Pacific (Kiribati, Samoa, Solomon Islands, Tuvalu, Vanuatu)
- 1 the Caribbean (Haiti).
These partners will enjoy more opportunities to export as competitors exit the scheme.
Low and lower middle income partners (40):
- Armenia, Azerbaijan, Bolivia, China, Cape Verde, Colombia, Cook Islands, Costa Rica, Ecuador, Georgia, Guatemala, Honduras, India, Indonesia, Iran (Islamic Republic of), Iraq, Kirghizia, Marshall (islands), Micronesia (federate States of), Mongolia, Nauru, Nicaragua, Nigeria, Niue, Pakistan, Panama, Paraguay, Peru, the Philippines, El Salvador, Sri Lanka, Syrian (Arab Republic), Tajikistan, Thailand, Congo (Republic of), Tonga, Turkmenistan, the Ukraine, Uzbekistan, Vietnam.
These partners will also enjoy more opportunities to export as competitors exit the scheme.
Which countries will no longer benefit?
The main country categories which will no longer benefit from the GSP scheme are as follows:
33 overseas countries and territories. These are mainly EU territories which have their own market access regulation—and thus do not use GSP to enter the EU. Reform will be in general neutral for them. This is the case for:
Anguilla, Netherlands Antilles, Antarctica, American Samoa, Aruba, Bermuda, Bouvet Island, Cocos Islands, Christmas Islands, Falkland Islands, Gibraltar, Greenland, South Georgia and South Sandwich Islands, Guam, Heard Island and McDonald Islands, British Indian Ocean Territory, Cayman Islands, Northern Mariana Islands, Montserrat, New Caledonia, Norfolk Island, French Polynesia, St Pierre and Miquelon, Pitcairn, Saint Helena, Turks and Caicos Islands, French Southern Territories, Tokelau, United States Minor Outlying Islands, Virgin Islands – British, Virgin Islands- US, Wallis and Futuna, Mayotte.
34 countries which enjoy another trade arrangement with the EU which provides substantially equivalent coverage as compared to GSP. This includes countries with a Free Trade Agreement or with autonomous arrangements (such as the Market Access Regulation for countries with an Economic Partnership Agreement (EPA) or the special regime for Western Balkan countries). Given that use of GSP is marginal for these countries, reform will in general be neutral for them. This is the case for:
- Euromed (6): Algeria, Egypt, Jordan, Lebanon, Morocco, Tunisia
- Cariforum (14): Belize, St. Kitts and Nevis, Bahamas, Dominican Republic, Antigua and Barbuda, Dominica, Jamaica, Saint Lucia, Saint-Vincent and the Grenadines, Barbados, Trinidad and Tobago, Grenada, Guyana, Surinam
- Eastern Southern Africa (3): Seychelles, Mauritius, Zimbabwe
- Pacific (1): Papua New Guinea
- Economic Partnership Agreement Market Access Regulation (8): Côte d’Ivoire, Ghana, Cameroon, Kenya, Namibia, Botswana, Swaziland, Fiji
- Other (2): Mexico, South Africa
Countries which have been listed by the World Bank as high or upper middle income economies for the past three years, based on Gross National Income (GNI) per capita. These are:
- 8 high-income partners (Saudi Arabia, Kuwait, Bahrain, Qatar, United Arab Emirates, Oman, Brunei Darussalam; Macao) and
- 12 upper-middle income partners (Argentina, Brazil, Cuba, Uruguay, Venezuela; Belarus, Russia, Kazakhstan; Gabon, Libya, Malaysia, Palau).
Some limited drops in exports (typically in the 1% range) are expected for many of these partners. Even marginal drops in exports by more advanced, bigger economies, can potentially provide significant opportunities for the poorest, whose exports are very small in comparison. To give an idea of the order or magnitude, a drop of 1% in, say, Brazilian exports, is equivalent to more than 16 times Burkina Faso’s total exports to the EU.
Countries in the second and third category remain “eligible”, but are no longer “beneficiaries” of the GSP scheme. This means that in case their situation changes (if they are no longer listed as high or middle upper income countries by the World Bank or if their trade arrangement expires) they become beneficiaries of the scheme again.
How have products and preference margins been expanded?
Product coverage under standard GSP is already very high: 66% of tariff lines. If we add the 25% of other lines which are already at 0% normal duty, only 9% of tariff lines are today outside GSP. For EBA, all products but arms receive duty-free, quota-free access already. This underlines the generosity of the EU’s GSP.
The new GSP incorporates a wider though limited expansion in products and preference margins for 23 tariff lines, mainly dealing with raw materials (see annex for a list). These products have been carefully selected to avoid negative impacts on the poorest (LDCs), which already have duty free, quota free access for all products.
Background
In 2011, imports that received GSP preferences were worth €87 billion, which represents around 5% of total EU imports and 11% of the total EU imports from developing countries.
Products which have been incorporated into the new GSP from
1 January 2014
GSP: New tariff lines benefiting from preferences (duty free)
CN code | Description |
280519 | Alkali/alkaline-earth metals other than sodium & calcium |
280530 | Rare-earth metals, scandium & yttrium, whether/not intermixed/interalloyed |
281820 | Aluminium oxide (excl. artificial corundum) |
310221 | Ammonium sulphate |
310240 | Mixtures of ammonium nitrate with calcium carbonate/other inorganic non-fertilising substance |
310250 | Sodium nitrate |
310260 | Double salts & mixtures of calcium nitrate & ammonium nitrate |
320120 | Wattle extract |
780199 | Unwrought lead other than refined, n.e.s. in 78.01 |
810194 | Unwrought tungsten (wolfram), incl. bars & rods obt. simply by sintering |
810411 | Unwrought magnesium, containing at least 99.8% by weight of magnesium |
810419 | Unwrought magnesium (excl. of 8104.11) |
810720 | Unwrought cadmium; powders |
810820 | Unwrought titanium; powders |
810830 | Titanium waste & scrap |
GSP: Tariff lines which were subject to duty reduction and will be duty free
CN code | Description |
06031200
|
Fresh Cut Carnations And Buds, Of A Kind Suitable For Bouquets Or For Ornamental Purposes |
24011060 | Sun-Cured Oriental Type Tobacco, Unstemmed Or Unstripped |
39076020 | Pol “Ethylene Terephthalate”, In Primary Forms, Having A Viscosity Number Of >= 78 Ml/G”) |
85219000 |
Video Recording Or Reproducing Apparatus (Excl. Magnetic Tape-Type);Video Recording Or Reproducing Apparatus, Whether Or Not Incorporating A Video Tuner (Excl. Magnetic Tape-Type And Video Camera Recorders) |
GSP+: New tariff lines benefiting from preferences (duty free)
CN code | Description |
280519 | Alkali/alkaline-earth metals other than sodium & calcium |
280530 | Rare-earth metals, scandium & yttrium, whether/not intermixed/interalloyed |
281820 | Aluminium oxide (excl. artificial corundum) |
780199 | Unwrought lead other than refined, n.e.s. in 78.01 |
For more information
Complete text of the proposal of the new GSP regulation
http://trade.ec.europa.eu/doclib/html/150025.htm
Background on the current GSP scheme:
http://ec.europa.eu/trade/wider-agenda/development/generalised-system-of-preferences/
Contacts :
John Clancy (+32 2 295 37 73) |
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- Fanpictor firma una colaboración de varios años con la Real Federación Belga de Fútbol
- Fanpictor firma una partnership pluriennale con la Royal Belgian Football Association
- Fanpictor tekent meerjarige partnership met Koninklijke Belgische Voetbalbond
- Launch of the New Akenza Platform
- De zelflerende algoritme DBLG1®: eenvoudig te gebruiken voor een optimale en gepersonaliseerde behandeling van diabetes type 1
- Launch of the Anna Lindh Foundation Virtual Marathon for Dialogue!
- Digi Communications N.V. announces the exercise of stock options by the Executive Director of the Company pursuant to the decision of the Company’s general meeting of shareholders dated 30 April 2020 and in accordance with the stock option plan approved at the level of the Company in 2017
- New research unlocks long tail growth opportunity for the tech industry
- Digi Communications NV announces the availability of the instructions on the 2020 share dividend payment
- Digi Communications NV announces that conditional stock options were granted to several Directors of the Company based on the approval of the general meeting of shareholders from 18 May 2021
- Digi Communications N.V. Announces the Company’s General Shareholders Meeting resolutions adopted on 18 May 2021 approving, amongst others, the 2020 Annual Accounts
- Digi Communications N.V. (“Digi”) announces the Q1 2021 Financial results
- Digi Communications NV announces Investors Call for the Q1 2021 Financial Results
- Digi Communications N.V. announces an Amendment to the 2021 Financial Calendar
- Fastpayhotels Hits an Industry Milestone by Connecting 500 Hotels Per Day Through DerbySoft Technology
- 4 ways to build a more flexible supply chain
- Join the world's leading virtual CBD event for FREE
- DEEPENING STRATEGIC RELATIONSHIP BETWEEN UBC AND PIONEERING DECENTRALISED PLATFORM, MANYONE
- Mono Solutions recognizes Norwegian small business agency with best website 2021 award
- Mono Solutions and Xrysos Odigos unlock new opportunities for small businesses
- Behind the scenes of a 10,000-people online conference: creating a live-event atmosphere and leveraging cybersecurity software
- Largest Supply Chain for Face masks, FFP2, FFP3 and cloth masks
- TRANSMAR AND TRANSMETRICS SIGN DEAL FOR STATE-OF-THE-ART LOGISTICS COLLABORATION
- Amendment of Digi Communications N.V. Financial Calendar for 2021
- 4iG and Digi Communications NV’s Romanian subsidiary have entered into a term sheet with regards to a potential acquisition by 4iG of DIGI Group’s Hungarian operations
- “Building Healthy Relationships and Enhancing Gender Equality”: Young women from Cyprus, Egypt, Lebanon and Jordan come together
- Bring Ventures investit dans Crossborderit (CBIT), DDP et une solution de commerce électronique
- Bring Ventures investiert in Crossborderit (CBIT), eine DDP (geliefert verzollt) und E-Commerce Lösung
- Bring Ventures invests in Crossborderit (CBIT), DDP and ecommerce solution
- Lionspeed GP with Patrick Kolb and Lorenzo Rocco joins forces with CarCollection Motorsport in 2021
- Eurekos, ein klassenbester LMS-Anbieter, hat seine Position im renommierten Fosway 9-Grid™ für Lernsysteme verbessert
- Eurekos, en førsteklasses LMS-udbyder, har forstærket sin position på den prestigefyldte Fosway 9-Grid™ for læringssystemer
- Eurekos, ein erstklassiger LMS-Anbieter, hat seine Position auf dem renommierten Fosway 9-Grid™ für Lernsysteme weiter ausgebaut
- Digi Communications N.V. announces Share transaction made by an executive director of the Company with class B shares
- Digi Communications N.V.: Announces an Amendment to the Financial Calendar for 2021
- Ideanomics Invests $13M in Italian EV Motorcycle Company, Energica
- DigiSky and Asman Technology Announce Global Reseller Agreement
- Neowintech - O Marketplace Da Sua Próxima Solução Financeira
- Neowintech - Il Marketplace per la tua prossima soluzione finanziaria
- PIONEERING DECENTRALISED SECURE MESSAGING PLATFORM MANYONE ANNOUNCES STRATEGIC RELATIONSHIP WITH UNIVERSITY COLLEGE LONDON CENTRE BLOCKCHAIN TECHNOLOGY
- Digi Communications NV announces the release of the 2020 Preliminary Financial Results
- Fraunhofer IGD develops automated robotic arm to scan cultural objects in 3D, now cooperating with Phase One
- Adapt Fast or Disappear – Choosing the Right Supplier
- Digi Communications NV announces Investors Call for the 2020 Preliminary Financial Results
- A URSAPHARM Arzneimittel e a CEBINA anunciam uma parceria com vista a reaproveitar o anti-histamínico azelastina para combater a COVID-19
- URSAPHARM Arzneimittel et CEBINA annoncent un partenariat pour reconvertir l'antihistaminique azélastine afin de lutter contre la COVID-19
- URSAPHARM Arzneimittel y CEBINA anuncian una colaboración para readaptar el antihistamínico azelastine para combatir la COVID-19
- URSAPHARM Arzneimittel and CEBINA announce partnership to repurpose the antihistamine azelastine to combat COVID-19
- ANIL UZUN Will Launch Bass Guitar Lessons Series on Youtube
- Henrik Stampe Appointed CEO for Mono Solutions
- Anna Mossberg leder Nordens största privata AI-lab i Sverige: "Utan AI riskerar svenska företag att förlora sin konkurrensfördel."
- What COVID-19 has taught us about manufacturing & the importance of a digital online marketplace
- Digi Communications N.V. announces: the Supreme Court of Hungary dismissed the Company’s appeal related to the 5G Tender procedure
- Customer Data Platform Industry to Reach $1.5 Billion in 2021: CDP Institute Report
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GreenMantra Technologies Announces Exclusive Distribution Relationship with HARKE GROUP