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Global System of Trade Preferences among Developing Countries

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Global System of Trade Preferences among Developing Countries

The Global System of Trade Preferences among Developing Countries (GSTP) is a preferential trade agreement signed on 13 April 1988 with the aim of increasing trade between developing countries in the framework of the United Nations Conference on Trade and Development. Its entry into force was on 19 April 1989 and its notification to the WTO on 25 September 1989.

Membership

Current members states, participating since 19 April 1989, are: Bangladesh, Cuba, Ghana, India, Nigeria, Singapore, Sri Lanka, Tanzania, Zimbabwe

Additionally current members states are: Algeria, Argentina, Benin, Bolivia, Brazil, Cameroon, Chile, Colombia, Ecuador, Egypt (16-07-89), Macedonia, Guinea, Guyana (04-05-89), Indonesia, Iran, Iraq, North Korea, South Korea (11-06-89), Libya, Malaysia (31-08-89), Mexico (13-05-89), Morocco (13-07-89), Mozambique, Myanmar, Nicaragua (03-05-89), Pakistan (08-07-89), Peru (15-04-89), Philippines, Sudan, Thailand, Trinidad and Tobago, Tunisia (25-08-89), Venezuela, Vietnam and the trade bloc of MERCOSUR (2-11-2006)

Applicants are: Burkina Faso, Burundi, Haiti, Madagascar, Mauritania, Rwanda, Suriname, Uganda and Uruguay.

Former members: Yugoslavia (from 19-04-1989), Romania (from 19-04-1989 until its EU membership)

References

Global System of Trade Preferences among Developing Countries Wikipedia