El Salvador still under review to get SGP+

The European Commission announced yesterday that it will grant the benefit until 2011, while they continue with their inquiries

Wednesday, December 10, 2008

In the case of El Salvador, the EU was expanding its study of the request since the country had not effectively put into place two accords of the International Labor Organization, which are pursuant to Europe granting the unilateral benefits.

The status of the countries will give them special trade preferences under the SGP+ system, in addition to the regular concessions of the General System of Preferences.

More on this topic

Benefits Extended for Exporting to Europe

July 2011

El Salvador will sell goods to Europe, over the next 2 years, under the terms of the Generalized System of Preferences (GSP) and the Association Agreement.

For two years Salvadoran businessmen to sell their products in Europe may do so not only with the GSP benefits, but also the benefits of the Association Agreement (AA) with the European Union.

El Salvador Maintains GSP +

June 2009

Having ratified constitutional reforms in compliance with ILO conventions, tariff benefits with the EU will remain.

Vilma de Calderón, president of the Corporation of Exporters of El Salvador (COEXPORT), said the export sector, which is negotiating with the European Union, regained its tranquility with the ratification of Articles 47 and 48 of the Constitution.

EU extends trade benefits to Costa Rica

December 2008

The European Commission announced that it will grant tariff free access to thousands of Costa Rican products starting next year and until 2011.

The measure from the EC grants an extension of the General Preferential System (SGP-Plus) to Costa Rica and 15 other developing countries, including, several from Latin America.

El Salvador to keep SGP in effect in 2009

September 2008

El Salvador can count on the General Preference System (SGP Plus), which allows it to export certain products to the European market tariff-free.

The European Union (EU) grants this preferential tariff system to several countries, including those in Central America, in exchange for a series of requirements such as the ratification of World Labour Organization (WLO).

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