A mid-term review of the Generalised Scheme of Preferences (GSP) of the European Union was presented to representatives of civil society by the Trade services of the European Commission, in Brussels on Wednesday 7 November.
The new regulation, which has been in place since January 2014 for ten years, drastically reduces the number of countries benefiting from this system, whilst slightly extending product coverage (see EUROPE 10994).
The Commission's interim assessment report observes that...