Generalized System of Preferences: EU "GSP+" granted to an additional 15 developing countries
Today the European Commission granted important preferences (duty and quota-free access) to an additional 15 vulnerable developing countries that have implemented sustainable development and good governance policies under the "GSP+" incentive. Commissioner Mandelson said that "this was further proof of the EU’s efforts to help developing countries at the same time as promoting sustainable development and Human rights".On the basis of findings from international organisations including the UN and ILO, the Commission has decided to grant GSP+ benefits to the five Andean countries : Bolivia, Columbia, Ecuador, Peru & Venezuela and six Central America countries: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua & Panama, in addition to Moldova, Georgia, Mongolia and Sri Lanka.
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