#32026R1395EU Generalised Scheme of Tariff Preferences Regulation
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The regulation continues the EU’s Generalised Scheme of Preferences, which gives developing countries lower or zero tariffs when exporting certain goods to the EU. It replaces the previous 2012 framework and keeps the system running for another 10 years, while the special arrangement for least-developed countries continues without an end date. The change matters for importers, exporters, customs teams, and companies sourcing goods from eligible developing countries. Businesses should check whether supplier countries and product lines still qualify for preferential tariffs and whether any sustainability, governance, or eligibility conditions affect future trade planning.
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Key Changes
- Replaces the EU’s 2012 Generalised Scheme of Preferences framework
- Continues tariff preferences for eligible developing countries for a further 10-year period
- Keeps the special arrangement for least-developed countries in place without an expiry date