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No Import Duty Free Bikes from Philippines

BRUSSELS, Belgium – On October 17 Bike Europe reported that the new Generalised Scheme of Preferences (GSP), which ‘Brussels’ is to implement per January 1, 2014, offers the Philippines possibilities to obtain GSP+ duty free import status for bicycles, e-bikes and P&A. An insider at one of the bike factories in the Philippines informed us that the European Commission has not approved the GSP+ status for the country recently.
The reason for the European Commission not granting the GSP+ import duty free status to the Philippines is in the fact that the country's economy is doing relatively OK for an underdeveloped country.