ANNOUNCEMENT 27 Sep 2014In September 2014, the European Commission announced a change in import duties.
NUMBER OF INTERVENTIONS
EC regulation 1016/2014
On 27 September 2014, the European Commission announced regulation 1016/2014 on the list of countries eligible for the Generalised Scheme of Preferences (hereinafter: GSP).
As of 1 October 2014, the preferential market access arrangements with Botswana, Cameroon, Côte d'Ivoire, Fiji, Ghana, Kenya, Namibia and Swaziland specified in Coucil regulation 1528/2007 are no longer in effect. Therefore, the Commission decided to include these countries into the GSP.
According to the regulation, this will give the countries the same, or worse, tariff preferences compared to the preferential market access arrangements. For this reason, the measure worsens the relative treatment of certain foreign commercial interests and is classified red in the GTA database.
The updated list of GSP-eligible countries shall come into force on 1 October 2014. However, Botswana and Namibia will stop benefitting from the tariff preferences on 1 January 2016, since they are classified as upper-middle income countries.