New Generalised System of Preferences for 2009 - 2012 (updated for 2010)
On January 1, 2009 a new European Generalised System of Preferences (GSP) comes into force. It applies until December 31, 2011. There are hardly any changes compared to the previous system. Main point for the bicycle business is that bicycle imports from Thailand will enjoy GSP again, whereas Sri Lanka risks to loose GSP+.
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