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GSP+ to benefit poorest of countries

22 Dec '05
2 min read

Demonstrated that their economies are "dependent and vulnerable".

Dependence is defined as meaning that the five largest sections of its GSP-covered exports to the Community must represent more than 75 percent of its total GSP-covered exports.

In addition, GSP-covered exports from that country must also represent less than 1 percent of total EU imports under GSP.

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European Union

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