Discover and read the best of Twitter Threads about #GSP

Most recents (2)

On the relationship between FTAs, #rulesoforigin and environment.
#Vietnam signed an FTA with the EU and will stop benefiting from EU’s generalised scheme of preferences (#GSP) for developing countries /1

e.vnexpress.net/news/business/…
When the EU-Vietnam FTA comes into force, new rules of origin will apply. Vietnam's #textile industry isn’t developed enough to meet EU’s origin rules. Local producers rely on imported raw materials. Making it difficult to fulfil value added rules /2
In order to be able to benefit from #customs tariff reductions under the EU deal, local enterprises will have to invest in production facilities in the country as well as in supporting industries /3
Read 6 tweets
The GSP review for India, undertaken by the USTR last year, was primarily motivated by complaints by the US dairy and medical industries of market access. (On a higher-level, part of the Trump crusade against trade deficits.)
This is not out of the blue. The USTR GSP review for India, Indonesia, and Kazakhstan was announced last April. This has been 10 months in the making. #India #GSP
Read 9 tweets

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