Everything But Arms Agreements

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Everything But Arms Agreements

The Everything But Arms (EBA) regime, tailored to the specific needs of the least developed countries, was established in 2001 to allow all least developed countries full and quota-free access to the EU for all their exports, with the exception of arms and armaments. The Everything But Arms (EBA) initiative, launched in 2001 under the EU`s GSP, allows least developed countries to access almost all products duty-free and quota-free (as the name of the programme excludes arms and ammunition). All material available on this website has been provided by the relevant publishers and authors. You can help correct errors and omissions. If you request a correction, please indicate the hand of this article: RePEc:ucn:wpaper:201614. Here you will find general information about fixing hardware in RePEc. Access to the system is automatic for ldCs. The European Union regularly reports on the use of its GSP. The report published in February 2020 is available here. There are currently 49 beneficiaries under this agreement. Accession to the EBA is automatic and, unlike other agreements on the Generalised System of Preferences, the EBA has no time limit. On 16 January 2019, the European Commission decided to reinstate import duties on rice from Cambodia and Myanmar.

This happened because imports of indica rice from both countries have increased by 89% over the past five rice seasons. At the same time, prices were significantly lower than those of the EU market and had even fallen over the same period. This increase in low-priced imports has posed serious challenges for EU rice producers, causing their market share in the EU to fall significantly from 61% to 29%. [5] Everything but Arms (ABE) is an initiative of the European Union that exempts from customs duties and quotas all imports from least developed countries, with the exception of firearms. EBA entered into force on 5 March 2001. The transitional provisions applicable to bananas, sugar and rice were applicable until January 2006, July 2009 and September 2009 respectively. . . .

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