circular economy,  compliance e AEO,  free trade agreement

New EU GSP: proposal for postponement to 2027

Luglio 9, 2023 /

The current European generalized system of preferences (GSP) should be extended to 2027 according to proposal of regulation of EU Parliament and Council.

In particular, this proposal ( 4 July 2023- COM 426 2023/0252 COD ) lays down that:

  • “…the period of application of Regulation (EU) No 978/2012 should be extended until 31 December 2027…”;
  • “…If the publication takes place after 31 December 2023, this Regulation shall apply retroactively from 1 January 2024…”;
  • “…in case the Regulation based on Commission Proposal COM(2021)579 becomes applicable before that date, the extension of the period of application of Regulation (EU) No 978/2012 should be correspondingly shortened…”. For sake of completness, the Commission Proposal COM(2021)579 provides the new GSP framework based on sustainability, labour conditions, climate crisis fight, sustainable development.

– The countries involved are: Congo, Cook Islands, Indonesia, Kenya, Micronesia, Nauru, Nigeria, Niue, Samoa, Syria, Tadjikistan, Tonga, Uzbekistan, Armenia, Bolivia, Cape Verde, Kyrgyz Republic, Mongolia, Pakistan, Philippines, Sri Lanka, Afghanistan, Angola, Bangladesh, Benin, Bhutan, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, Comoros, Congo (Democratic Rep), Djibouti,Equatorial Guinea, Eritrea, Ethiopia, Gambia, Guinea, Guinea Bissau, Haiti, Kiribati, Laos, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mozambique, Myanmar, Nepal, Niger, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan,Tanzania,Timor-Leste, Togo, Tuvalu, Uganda,Vanuatu,Yemen, Zambia