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Uzbekistan meets criteria for participation in GSP+, EU commission says

Uzbekistan Materials 1 December 2020 16:10 (UTC +04:00)
Uzbekistan meets criteria for participation in GSP+, EU commission says

BAKU, Azerbaijan, Dec. 1

By Klavdiya Romakayeva - Trend:

The European Commission accepted Uzbekistan's application for obtaining the status of a beneficiary of the Generalized System of Preferences Plus “GSP +”, Trend reports referring to the Ministry of Innovations and Foreign Trade of Uzbekistan.

According to the Ministry of Investment and Foreign Trade (MIFT), the relevant document was signed by the President of the EU Commission Ursula von der Leyen.

It was noted that the decision was made on the basis of reports from monitoring groups of the European Commission on the implementation by Uzbekistan of the provisions of 27 international conventions in the field of human rights protection, observance of labor standards, environmental protection, and good governance.

According to the established procedures, the issue will now be referred to the European Council and the European Parliament for consideration and approval of this decision. After the adoption of the decision, Uzbek producers and exporters will be able to start using unilateral tariff preferences when exporting their goods to the European market. At the same time, the number of commodity items that Uzbek manufacturers will be able to export to EU countries will grow to 6,200.

“Obtaining the status of the beneficiary of “GSP +”, our country will create a solid foundation for sustainable growth and diversification of exports, which will also serve the dynamic development of mutually beneficial trade relations with the countries of the European Union,” the MIFT said.

The Ministry of Investment and Foreign Trade, together with the relevant ministries and departments, are taking measures to interact with the EU member states in order to promptly discuss and answer questions to speed up the adoption of a final decision.

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Follow the author on Twitter: @romakayeva

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