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Ika Riswanti Putranti


The European Union's Generalised System of Preferences
A Better Trade Facilitation for Beneficiary Country?

The Generalised System of Preferences, known as GSP, is defined as "a formal system of exemption from the more general rules applied by the European Union on its trade relationship with third countries". Strengthening trade facilitation between the preference-granting country and the beneficiary country is deemed as an important factor to achieve the purpose of the GSP.
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