EU preferential trade offer to developing countries: modalities and interactions
Keywords:
Commercial Policy of the European Union. Tariff preferences, Generalized System of Preferences (GSP). Economic Partnership Agreements (EPA). Development Countries. Special Incentive Arrangement for Sustainable Development and Good Governance (GSP )Abstract
This work examines the several tariff preferences granted by the EU to developing countries and the relationship among them. This examination covers the autonomous preferences of the Generalized System of Preferences (GSP) and the conventional preferences included in several trade liberalization agreements (Economic Partnership Agreements and others) between the EU and developing countries. This paper highlights that tariff preferences are currently being used to increase the geographical spread of regulations which have not yet been agreed by the WTO, specifically regarding trade related matters (environment, social rights, etc.). These regulations are doctrinally known as extra-OMC obligations. This study submits that the negotiation of a trade liberalizations arrangement between the EU and a custom union that includes LDCs members may be counterproductive. The main reason is that it may dilute the said custom union into a free trade area in those cases in which a participating LDC decides to benefit from EU’s GSP called «Everything but Arms». Finally, it is noted that, in the future EU’s GSP, the EU will strengthen its policy of differentiation among various developing countries excluding those classified by the World Bank as middle-income countries.Downloads
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López Jurado, C. (2015). EU preferential trade offer to developing countries: modalities and interactions. Revista De Derecho Comunitario Europeo, (39), 443–483. Retrieved from https://recyt.fecyt.es/index.php/RDCE/article/view/39465
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