Thanks to GSP+,granted by the European Commission, the Philippines can export 2/3 of their product at zero tariff! An unseen opportunity for export and foreign investment!
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Europe, here we come gsp+
1. Europe, here we comeā¦
the impact of GSP+
duty-free export to Europe
2. GSP+
ā¢ Unseen opportunity for the Philippine export sectors
ā¢ Will boost the export to Europe
ā¢ Opportunity for smeās to enter the Europe in āniche segmentsā
ā¢ Will have a positive effect on employment
3. GSP+
ā¢ GSP+
ā¢ Special Incentive Arrangement for Sustainable Development and Good
Governance
ā¢ Vulnerable (no high income status, EU-export concentrated, low level of imports)
ā¢ Ratification of 27 core international conventions on human and labor rights,
environment and good governance)
ā¢ Maintain the ratifications, accept without reservation reporting and monitoring
4. GSP+
ā¢ GSP+
ā¢ Status is awarded for 10 years ā status reviewed every 3 years
ā¢ Philippines is the only ASEAN member state with GSP+ status
5. GSP+
ā¢ GSP+
ā¢ 6,274 tariff lines will brought to ZERO duty
ā¢ Before, under ānormalā GSP only 2,442 were ZERO duty
ā¢ Examples:
ā¢ Pineapple juice: 28,5%
ā¢ Preserved fruits: 6-9%
ā¢ Fruit jams: 20,5%
ā¢ Canned tuna: 20,5%
6. GSP+
ā¢ GSP+
ā¢ āgoldmineā for foreign investors in the Philippines who want to take an competitive
advantage using GSP+ to be able to offer quality products cheaper on the European
market
ā¢ Fruit juices
ā¢ Preserved and processed fruits
ā¢ Fishery products
ā¢ And many moreā¦.
7. GSP+
ā¢ GSP+
ā¢ Exclusion of other ASEAN members of the GSP+
ā¢ āGraduationā of some products of our direct competitors
ā¢ Costa Rica : fruits and vegetables
ā¢ Ecuador : preparations of meat and fish>>>tuna!
ā¢ Thailand : preparations of meat and fish
8. ExportDesk.eu
ā¢ Specialized advisory services ā bringing SMEās to Europe
ā¢ Focus on Food and Agri-Business
ā¢ Assist the exporters with:
ā¢ Assessment of the export readiness to Europe
ā¢ Analysis of the actual market and the possibilities for the exporter
ā¢ Market strategy and export marketing plan
ā¢ Compliance with European Import Requirements
ā¢ Possibility of āfield-assistanceā of the exporters in entering the European
market
9. ExportDesk.eu
Do you want to find out what the impact of GSP+ for your company?
We will be glad to inform you about the possibilities of GSP+ and how
exportdesk.eu can help you selling your products in Europe.
ā¢ Contact:
ā¢ Restie Antiquin ā Principal & Head Operations
ā¢ Raf Vlummens - Principal & Senior Advisor Export Strategy Development
ā¢ Email: info@exportdesk.eu
ā¢ Visit us in Davao ā Davao Chamber Corporate Center 34
JP Laurel Avenue ā Bajada ā Davao City -