Council of the European Union 21 December 1998, Council Regulation (EC) No 2820/98 of 21 December 1998 applying a multiannual scheme of generalised tariff preferences for the period 1 July 1999 to 31 December 2001

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Council Regulation (EC) No 2820/98 establishes a multiannual scheme of generalised tariff preferences for the period from 1 July 1999 to 31 December 2001, aimed at improving market access for products from developing countries, particularly the least-developed ones. Key provisions include preferential duty reductions based on product categories, a graduation mechanism to adjust preferences based on countries' development levels, and special incentive arrangements for labor rights and environmental protection. The regulation applies to specific products listed in annexes and is enforced through compliance with defined origin criteria and mechanisms for temporary withdrawal of preferences under certain conditions.AI