The European Union’s New Generalized System of Preferences Now in Effect
Duane W. Layton,Madelein Perrick,Paulette Vander Schueren, January 14, 2014
On January 1, 2014, the European Union’s reformed Generalized System of Preferences (GSP) went into full effect. The number of countries covered by the GSP has been reduced by more than 80. In this report, we highlight the new GSP arrangements and the countries covered.