EU Accepts Uzbekistan into GSP+ Arrangement

Posted by Kelsay Calvaruso on 4/21/21 5:00 PM

On April 9, 2021, in a press release, the European Union (EU) announced the acceptance of Uzbekistan into the Generalised Scheme of Preferences (GSP) under the sustainable development and good governance incentive arrangement (GSP+). Uzbekistan will benefit from the removal of tariffs on two-thirds of the product lines covered by GSP.

According to the press release, “The acceptance of Uzbekistan as a beneficiary of GSP+ reflects the recognition of reforms undertaken by the government, in particular to improve the business climate, the judicial system, security services, labour conditions, and administrative accountability and efficiency. It also testifies to consistent positive development in the socio-economic and labour sphere.”

Preferential tariff treatment for imports from Uzbekistan under GSP+ entered into force on April 10, 2021.

Additional details can be found in the press release here:

https://trade.ec.europa.eu/doclib/press/index.cfm?id=2263 

Topics: GSP, EU, European Union, Uzbekistan

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