EU notes “improvements” in GSP+ countries

08/02/2016
The European Commission has said all 14 trading partner nations that are currently enjoying Generalised System of Preference Plus (GSP+) status have demonstrated “progress in strengthening their national institutions for tackling human rights, labour rights, environmental protection and good governance”.

It said GSP+ status had also led to the countries involved improving the reporting to international monitoring bodies, including the International Labour Organisation (ILO).

GSP+ gives developing economies privileged access to the European Union market.

The 14 countries are Armenia, Bolivia, Cabo Verde, Costa Rica, Ecuador, El Salvador, Georgia, Guatemala, Mongolia, Pakistan, Panama, Paraguay, Peru and the Philippines.