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Awaiting Parliament's position in 1st reading (Level 1 ongoing)Official ID: 2021/0297(COD)
Generalised scheme of tariff preferences
Generalised scheme of tariff preferences
Latest substantive legal change
17 May 2022
Latest process event
27 Jan 2026
Tracked substantive changes
1
PA executive brief
- GSP revises the EU generalized tariff preferences framework, including beneficiary-country eligibility and graduation criteria.
- For import-exposed fashion and retail companies, GSP eligibility changes can materially alter duty costs and sourcing economics (including Bangladesh exposure).
- Latest substantive shift (17 May 2022): The European Parliament amendments introduce more detailed and specific conditions to the Generalised Scheme of Tariff Preferences (GSP), particularly regarding requirements for beneficiary countries ...
- No related omnibus track identified in official data yet.
Why this matters for business
For import-exposed fashion and retail companies, GSP eligibility changes can materially alter duty costs and sourcing economics (including Bangladesh exposure).
Substantive legal text changes
1Technical updates
0Latest substantive change
17 May 2022Latest process event
27 Jan 2026Key facts
- Official title
- Generalised scheme of tariff preferences
- Official ID
- 2021/0297(COD)
- Procedure
- Ordinary legislative procedure (2021/0297(COD))
- Committee
- INTA
- EP rapporteur
- LANGE Bernd (S&D)
- Omnibus track
- Not identified in official data
Latest substantive change summary
The European Parliament amendments introduce more detailed and specific conditions to the Generalised Scheme of Tariff Preferences (GSP), particularly regarding requirements for beneficiary countries to ratify and effectively implement inte ...