UK Generalised Scheme of Preferences (GSP) After January 1, 2021

Posted by Marta Gargallo on 11/16/20 5:00 PM

On November 10, 2020, the Government of the United Kingdom (UK) published guidance regarding trade with developing nations.    From January 1, 2021, eligible developing countries will be able to receive preferential treatment through the UK Generalised Scheme of Preferences (GSP).  The UK GSP will initially provide trade preferences to the same countries as the European Union (EU) GSP. A list of these countries is provided in the guidance document.

The guidance document provides further details on the applicable rules of origin, proof of origin, and the treatment of goods for which a Registered Exporter System (REX) statement was issued prior to December 31, 2020, and that arrived in the UK after December31, 2020.  

Link to the UK Guidance:

Topics: GSP, EU, UK, European Union

Expeditors' Newsflash articles are compiled from a number of public sources that, to the best of Expeditors' knowledge, are true and correct. It is our intent to present only accurate information. However, in the event any information contained herein is erroneous, Expeditors International of  Washington, Inc. accepts no liability or responsibility.                                                                                           

Copyright © Expeditors International of Washington, Inc.  Expeditors' Newsflash articles may not be reproduced in any form without advanced written consent of an authorized officer of the copyright holder.     

Recommended for you