Generalised System of Preferences: EU External Relations

(asked on 9th October 2020) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what the vulnerability thresholds will be under the UK enhanced framework compared with the EU GSP+ system.


Answered by
Ranil Jayawardena Portrait
Ranil Jayawardena
This question was answered on 20th October 2020

At the end of the Transition Period, the United Kingdom will create her Enhanced Framework, which will take a similar approach to the conditions in the EU GSP+.

To be eligible for the Enhanced Framework, countries may be economically vulnerable due to a lack of export diversification and low level of integration with the international trading system. A country may be considered economically vulnerable where:

  • For products to which the Enhanced Framework applies, imports of the seven largest types of products from a country must make up more than 75% of all imports from that country;
  • The ratio of the beneficiary’s import share in relation to the rest of the GSP beneficiaries must be lower than 9%.

A country will also be considered for inclusion as economically vulnerable if it benefitted from the EU GSP+ on 31st December.

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