The European Commission and the High Representative for the Common Foreign and Security Policy have published a joint report regarding the Generalised Scheme of Preferences (GSP). This scheme serves as the primary trade policy instrument used by the European Union to facilitate and support exports from developing countries into the European bloc.
The publication, released on 16 July 2026, details the ongoing implementation of the scheme. According to the European Commission, the programme remains a key element in fostering sustainable economic growth through established trade relations between the European Union and developing nations.
Source: European Commission. Read the original report ↗