GSP+: Duty-free Exports from the Philippines to the EU

The EU's "Generalised Scheme of Preferences" (GSP) allows developing countries to pay less or no duties on their exports to the EU. This gives them vital access to EU markets and contributes to their economic growth.

The Special Incentive Arrangement for Sustainable Development and Good Governance, (GSP+) grants complete duty suspension for countries especially vulnerable in terms of their economies' diversification and import volumes. In return, beneficiary countries must ratify and effectively implement 27 core international conventions that cover human and labour rights, environmental protection, and good governance.

The Philippines is one of currently 14 GSP+ beneficiaries, allowing it to import more than 6.000 products duty-free to Germany and other EU-countries.

More:

http://ec.europa.eu/trade/policy/countries-and-regions/development/generalised-scheme-of-preferences/

Press release January 2016: EU Trade Preferences (GSP+) Monitoring Report: "Philippines is making good progress on implementation of Conventions" (pdf)