BRUSSELS – The European Commission adopted its first GSP Monitoring report to the European Parliament and the Council, including an assessment of Philippines’ implementation of 27 International Conventions, on human rights, labour rights, environment and governance. Preferential imports to the EU amount to over €50 billion in 2015 and the Philippines is increasing its share following its successful application and subsequent granting of “GSP+” preferential treatment on 24 December 2014. In 2014, the Philippines exported […]
Tag: Philippine exports
PH exports benefit from duty-free access to the European Union
MANILA, Jan. 7 — Philippine exports enjoy duty-free access into the European Union (EU) market last December 25, 2014 through the Union’s “tariff preferences under the special incentive arrangements for sustainable development and good governance”, more popularly known as the Generalized System of Preferences Plus (or GSP+). GSP+ privileges extend duty-free access to Philippine exports in 66 per cent of all product tariff lines, including fisheries products and garments. The grant of GSP+ privileges is […]
Philippines’ export earning
According to the National Statistics Office, Philippine exports increased by 10% in August.
