First introduced in 1971, following the first and second UNCTAD conferences, the European Union’s General Scheme of Preferences (GSP) aimed to reduce poverty by supporting developing countries’ integration into the global market. The EU’s GSP framework has undergone considerable change and has continuously been amended over the years. As of today, it is composed of 3 distinct schemes, which apply to different groups of countries mostly based on their development status as assessed by the World Bank.
The EU is in the process of reviewing its GSP, GSP+ and EBA schemes for 2024-2034 as the current framework expires at the end of 2023. This EIAS Policy Brief will provide an overview of the GSP+ programme by using the case of Pakistan, which is one of the 6 current GSP+ beneficiaries in Asia, along with Sri Lanka, Kyrgyzstan, Mongolia, the Philippines and Uzbekistan. You can read the Policy Brief here.
Author: Tom Wilms, EIAS Junior Researcher
Photo Credits: Wikimedia Commons/ILO