Generalised System of Preferences for 2009 - 2013 & New System for 2014 - 2024 Approved
BRUSSELS, Belgium - The current European Generalised System of Preferences (GSP) came into force on 1 January 2009. Originally, it applied until December 31, 2011 but was subsequently extended until 31 December 2013. Main point for the bicycle business of this system was that bicycle imports from Thailand enjoy GSP again, whereas Sri Lanka has lost its GSP+ status.
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