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EU: Council Adopts Revised GSP Regulation Strengthening Conditionality of Trade Preferences

By , and 3 Mins Read

On 22 May 2026, the Council of the European Union formally adopted the revised Generalised Scheme of Preferences Regulation (“revised GSP Regulation”), which provides a strengthened framework for granting unilateral preferential access to the EU market for developing countries while reinforcing the conditions attached to those benefits. The reform reflects the EU’s policy objective of using trade preferences as a partnership tool to promote sustainable development, respect for human rights and good governance. It follows…

US – CBP issues guidance for GSP expiration on December 31, 2020

By 2 Mins Read

On December 21, 2020, CBP issued, CSMS #45244051 – GUIDANCE: Generalized System of Preferences (GSP) Expires effective, December 31, 2020, to inform the Trade that the Generalized System of Preferences (GSP), special program indicator (SPI) “A,” “A+,” and “A*”, will expire on December 31, 2020 if no Congressional legislation is passed to renew the program. The CSMS states: Until further notice, GSP eligible goods entered or withdrawn from warehouse need to pay “General” (column 1) duty…

US – USTR announces annual GSP product and country review

By 2 Mins Read

On March 25, 2019, the Office of the US Trade Representative (USTR) published in the Federal Register a notice of statistics availability and announcement of annual GSP review [Docket No. USTR–2019–0001]. USTR will consider petitions to modify the Generalized System of Preferences (GSP) status of GSP beneficiary developing countries (BDCs) because of country practices; add products to GSP eligibility; remove products from GSP eligibility for one or more countries; waive competitive need limitations (CNLs); deny de minimis waivers for products eligible for de minimis waivers; and redesignate currently excluded products. This review will include separate hearings on product petitions and country eligibility reviews, which USTR will announce in the Federal Register at a later date.