UK GSP to launch from January 1

The United Kingdom’s generalised scheme of preferences (GSP) will cover all countries currently eligible for trade preferences under the European Union’s (EU) GSP after the end of the transition period, the UK government recently said. The scheme will cover all eligible countries that do not have their existing trade agreements transitioned into a new agreement […]

French Chamber and UMFCCI to Support Myanmar-EU Trade

The French Myanmar Chamber of Commerce and Industry (CCI France Myanmar) and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) signed a memorandum of understanding (MoU) on May 5 to strengthen partnership with a focus on supporting SMEs and Myanmar businesses. CCI France Myanmar said that the agreement comes at a […]

US restores GSP benefits to Myanmar

US president Barack Obama has signed a proclamation reinstating Myanmar’s (formerly Burma) eligibility for benefits under the Generalized System of Preferences (GSP) programme as of November 13, 2016. Since Myanmar is a least developed country (LDC), it will be able to export approximately 5,000 products to the US duty-free under this programme. The trade preference benefits were restored after […]