EU’s Generalised System of Preferences in jeopardy?

EU’s Generalised System of Preferences in jeopardy?

According to U Zaw Min Win, chair of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), the EU may be preparing to revoke the Generalised System of Preferences (GSP) status granted to Myanmar. The President of UMFCCI said
EU reinstatement of rife tariff purely economic

Rice tariffs reinstatement by EU unrelated to politics

The European Union (EU) will decide whether to restore rice tariffs for imports from Myanmar early next year. Brussels has denied the move is related to the country’s alleged human rights violations in northern Rakhine. “The rapid increase of My

Garment sector faces struggle if EU withdraws tax exemptions

The garment sector in Myanmar will struggle if the European Union (EU) revokes its GSP/ EBA privileges on Myanmar, say experts. According to EU EBA Monitoring Mission, the EU listed Myanmar as one of top ten countries in clothing imports. GSP/ EBA a