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Generalized System of Preferences

Index Generalized System of Preferences

The Generalized System of Preferences, or GSP, is a preferential tariff system which provides for a formal system of exemption from the more general rules of the World Trade Organization (WTO), (formerly, the General Agreement on Tariffs and Trade or GATT). [1]

23 relations: African Growth and Opportunity Act, Enabling clause, European Commission, European Union, Everything but Arms, General Agreement on Tariffs and Trade, Global System of Trade Preferences among Developing Countries, Haiti, Hong Kong, Japan, Libya, Malaysia, Ministry of Foreign Affairs (Japan), Most favoured nation, Nepal, Office of the United States Trade Representative, Singapore, Sub-Saharan Africa, Taiwan, United Nations Conference on Trade and Development, United States, Vietnam, World Trade Organization.

African Growth and Opportunity Act

The African Growth and Opportunity Act, or AGOA (Title I, Trade and Development Act of 2000; P.L. 106–200) is a piece of legislation that was approved by the U.S. Congress in May 2000.

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Enabling clause

In 1979, as part of the Tokyo Round of the General Agreement on Tariffs and Trade (GATT), the enabling clause was adopted in order to permit trading preferences targeted at developing and least developed countries which would otherwise violate Article I of the GATT.

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European Commission

The European Commission (EC) is an institution of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

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European Union

The European Union (EU) is a political and economic union of EUnum member states that are located primarily in Europe.

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Everything but Arms

Everything but Arms (EBA) is an initiative of the European Union under which all imports to the EU from the Least Developed Countries are duty-free and quota-free, with the exception of armaments.

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General Agreement on Tariffs and Trade

General Agreement on Tariffs and Trade (GATT) was a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas.

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Global System of Trade Preferences among Developing Countries

The Global System of Trade Preferences among Developing Countries (GSTP) is a preferential trade agreement signed on 13 April 1988 with the aim of increasing trade between developing countries in the framework of the United Nations Conference on Trade and Development.

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Haiti

Haiti (Haïti; Ayiti), officially the Republic of Haiti and formerly called Hayti, is a sovereign state located on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean Sea.

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Hong Kong

Hong Kong (Chinese: 香港), officially the Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory of China on the eastern side of the Pearl River estuary in East Asia.

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Japan

Japan (日本; Nippon or Nihon; formally 日本国 or Nihon-koku, lit. "State of Japan") is a sovereign island country in East Asia.

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Libya

Libya (ليبيا), officially the State of Libya (دولة ليبيا), is a sovereign state in the Maghreb region of North Africa, bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south and Algeria and Tunisia to the west.

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Malaysia

Malaysia is a federal constitutional monarchy in Southeast Asia.

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Ministry of Foreign Affairs (Japan)

The is a cabinet-level ministry of the Japanese government responsible for the country's foreign relations.

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Most favoured nation

In international economic relations and international politics, "most favoured nation" (MFN) is a status or level of treatment accorded by one state to another in international trade.

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Nepal

Nepal (नेपाल), officially the Federal Democratic Republic of Nepal (सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल), is a landlocked country in South Asia located mainly in the Himalayas but also includes parts of the Indo-Gangetic Plain.

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Office of the United States Trade Representative

The Office of the United States Trade Representative (USTR) is the United States government agency responsible for developing and recommending United States trade policy to the President of the United States, conducting trade negotiations at bilateral and multilateral levels, and coordinating trade policy within the government through the interagency Trade Policy Staff Committee (TPSC) and Trade Policy Review Group (TPRG).

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Singapore

Singapore, officially the Republic of Singapore, is a sovereign city-state and island country in Southeast Asia.

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Sub-Saharan Africa

Sub-Saharan Africa is, geographically, the area of the continent of Africa that lies south of the Sahara.

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Taiwan

Taiwan, officially the Republic of China (ROC), is a state in East Asia.

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United Nations Conference on Trade and Development

The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 as a permanent intergovernmental body.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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Vietnam

Vietnam, officially the Socialist Republic of Vietnam, is the easternmost country on the Indochina Peninsula in Southeast Asia.

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World Trade Organization

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

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Redirects here:

Generalised System of Preferences, Generalized System of Preference, Generalized Systems of Preferences, Generalized system of preferences.

References

[1] https://en.wikipedia.org/wiki/Generalized_System_of_Preferences

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