Council of the European Union 22 July 2008, Council Regulation (EC) No 732/2008 of 22 July 2008 applying a scheme of generalised tariff preferences for the period from 1 January 2009 to  31 December 2011 and amending Regulations (EC) No 552/97, (EC) No 1933/2006 and Commission Regulations (EC) No 1100/2006 and (EC) No 964/2007

Also known as

The Council Regulation (EC) No 732/2008 establishes a scheme of generalised tariff preferences (GSP) aimed at promoting sustainable development and good governance in developing countries from January 1, 2009, to December 31, 2011. Key provisions include a general arrangement for all eligible countries, a special incentive arrangement for those meeting specific governance and sustainability criteria, and continued duty-free access for least-developed countries. The regulation enforces compliance with international conventions on human rights and environmental standards, with monitoring mechanisms to ensure adherence and the possibility of withdrawing preferences for non-compliance.AI