PHL exports to EU up by 27%

PHL exports to the European Union (EU), under the Generalized System of Preferences Plus (EU-GSP+), increased by 27%.

Under the EU-GSP+, the Philippines can export 6,274 eligible products duty-free access to the EU market. Prior to December 2014, the Philippines was covered by the regular EU-GSP which provides zero duty to only 2,442 products and reduced tariffs for 3,767 products. The Philippines was granted beneficiary country status under the EU-GSP+ in December 2014.

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