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New GSP preferences

11.02.2014

On 1 January 2014, the new GSP preferences under EU Regulation 978/2012 started to apply. More than 80 countries and territories will no longer be beneficiaries of the EU Generalized Scheme of Preferences.

As a result, products originating in these 20 high or upper middle income countries will no longer benefit from a preferential trade scheme upon importation into the EU. Starting from January, 01, 2014 import duty for Russian plywood and hardboard in EU is 7%