The EU’s current Generalised Scheme of Preferences (GSP) expires at the end of 2023. This is why the Commission proposed a new system for the next 10 years, on Wednesday 22 September. The GSP, with its three separate arrangements, is a facility granted to developing countries to help them export to the EU. It currently covers 67 countries.
For the revised system, the Commission maintains the three current arrangements and their specificities in broad terms, while adding conditions in...