ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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EC's Changes to Trade Preferences

The European Commission is introducing changes to the Generalised System of Preferences in trade which will create a two-tier system from which the larger beneficiaries like India and China will be excluded, while other low-income countries and those with "inadequate diversification of their economies" would continue to be able to draw on the benefits of preferences.

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