Generalized System of Preferences

The Norwegian Generalised System of Preferences (GSP) for import of goods from developing countries allows lower tariffs to be imposed on goods from developing countries. The purpose is to increase the export income of the developing countries as a c... Read more

The Norwegian Generalised System of Preferences (GSP) for import of goods from developing countries allows lower tariffs to be imposed on goods from developing countries. The purpose is to increase the export income of the developing countries as a contribution to economic and social development. The system is authorised by an exception to the principle of non-discrimination in the rules of the World Trade Organization (WTO). The Norwegian GSP scheme was established in accordance with parliamentary approval and a Royal Decree of 3 September 1971, the Norwegian Ministry of Finance implemented the Generalized System of Preferences for import of goods from developing countries, with effect as from 1 October 1971. Since 1971 the Norwegian GSP-system has been revised several times. The Handbook provides a general explanation of the scheme of Norway, aimed at enabling officials and users responsible for or involved in Generalized System of Preferences (GSP) issues to gain a better understanding of the scheme. Less