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Generalized System Of Preferences
The Generalized System of Preferences, or GSP, is a preferential tariff system which provides for a formal system of exemption from the more general rules of the World Trade Organization
World Trade Organization
(WTO), (formerly, the General Agreement on Tariffs and Trade
General Agreement on Tariffs and Trade
or GATT).[1] Specifically, it is a system of exemptions from the most favored nation principle (MFN) that obliges WTO member countries to treat the imports of all other WTO member countries no worse than they treat the imports of their "most favored" trading partner
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World Trade Organization
The World Trade
Trade
Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh
Marrakesh
Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade
Trade
(GATT), which commenced in 1948
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General Agreement On Tariffs And Trade
General Agreement on Tariffs
Tariffs
and Trade (GATT) was a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis." It was first discussed during the United Nations
United Nations
Conference on Trade and Employment and was the outcome of the failure of negotiating governments to create the International Trade Organization (ITO). GATT was signed by 23 nations in Geneva
Geneva
on October 30, 1947, and took effect on January 1, 1948
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Special
Special
Special
or specials may refer to:Contents1 Music 2 Film and television 3 Other uses 4 See alsoMusic[edit] Special
Special
(album), a 1992 album by Vesta Williams "Special" (Garbage song), 1998 "Special
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Ministry Of Foreign Affairs (Japan)
The Ministry of Foreign Affairs (外務省, Gaimu-shō) is a cabinet level ministry of the Japanese government responsible for the country's foreign relations. The ministry was established by the second term of the third article of the National Government Organization Act [1][permanent dead link], and the Ministry of Foreign Affairs Establishment Act
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Japan
Coordinates: 35°N 136°E / 35°N 136°E / 35; 136Japan 日本国 Nippon-koku or Nihon-kokuFlagImperial SealAnthem: "Kimigayo" 君が代"His Imperial Majesty's Reign"[2][3] Government
Government
Seal of JapanGo-Shichi no Kiri (五七桐)Area controlled by Japan
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European Union
The European Union
European Union
(EU) is a political and economic union of 28 member states that are located primarily in Europe. It has an area of 4,475,757 km2 (1,728,099 sq mi), and an estimated population of over 510 million. The EU has developed an internal single market through a standardised system of laws that apply in all member states
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European Commission
The European Commission
European Commission
(EC) is an institution of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.[2] Commissioners swear an oath at the European Court of Justice
Europ

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United States
Coordinates: 40°N 100°W / 40°N 100°W / 40; -100 United States
United States
of AmericaFlagGreat SealMotto:  "In God
God
We Trust"[1][fn 1]Other traditional mottos  "E pluribus unum" (Latin) (de facto) "Out of many, one" "Annuit cœptis" (Latin) "He h
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Global System Of Trade Preferences Among Developing Countries
The Global System of Trade Preferences among Developing Countries (GSTP) is a preferential trade agreement signed on 13 April 1988 with the aim of increasing trade between developing countries in the framework of the United Nations Conference on Trade and Development.[1] Its entry into force was on 19 April 1989 and its notification to the WTO on 25 September 1989.Contents1 Membership 2 See also 3 References 4 External linksMembership[edit]  members   applicants   former membersCurrent members states, participating since 19 April 1989, are: Bangladesh, Cuba, Ghana, India, Nigeria, Singapore, Sri Lanka, Tanzania, Zimbabwe Additionally current members states are: Algeria, Argentina, Benin, Bolivia, Brazil, Cameroon, Chile, Colombia, Ecuador, Egypt (16-07-89), Macedonia, Guinea, Guyana (04-05-89), Indonesia, Iran, Iraq, North Korea, South Korea (11-06-89), Libya, Malaysia (31-08-89), Mexico (13-05-89), Morocco (13-07-89), Mo
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Sub-Saharan Africa
Sub-Saharan Africa
Africa
is, geographically, the area of the continent of Africa
Africa
that lies south of the Sahara. According to the United Nations, it consists of all African countries that are fully or partially located south of the Sahara.[2] It contrasts with North Africa, whose territories are part of the League of Arab
Arab
states within the Arab world
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Nepal
Nepal
Nepal
(/nəˈpɔːl/ ( listen);[12] Nepali: नेपाल  Nepāl [neˈpal]), officially the Federal Democratic Republic
Republic
of Nepal
Nepal
(Nepali: सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल Sanghiya Loktāntrik Ganatantra Nepāl),[13] is a landlocked country in South Asia
South Asia
located in the Himalaya. With an estimated population of 26.4 million, it is 48th largest country by population and 93rd largest country by area.[2][14] It borders China
China
in the north and India
India
in the south, east, and west while Bangladesh
Bangladesh
is located within only 27 km (17 mi) of its southeastern tip and Bhutan
Bhutan
is separated from it by the Indian state of Sikkim
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Haiti
Coordinates: 19°00′N 72°25′W / 19.000°N 72.417°W / 19.000; -72.417 Republic
Republic
of HaitiRépublique d'Haïti  (French) Repiblik Ayiti  (Haitian Creole)FlagCoat of armsMotto:  "Liberté, égalité, fraternité" (French)[1] "Libète, Egalite, Fratènite"  (Haitian Creole) "Liberty, Equality, Fraternity" Motto on traditional coat of arms: "L'union fait la force" (French) "Inite se fòs"  (Haitian Creole)[2] "Union makes strength"Anthem: La Dessalinienne  (French) Desalinyèn  (Haitian Creole) "The
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Malaysia
Coordinates: 2°30′N 112°30′E / 2.500°N 112.500°E / 2.500; 112.500MalaysiaFlagCoat of armsMotto: "Bersekutu Bertambah Mutu"[1] "Unity Is Strength"Anthem: Negaraku My CountryCapital Kuala Lumpur 3°8′N 101°41′E / 3.133°N 101.683°E / 3.133; 101.683 Putrajaya
Putrajaya
(administrative) 2°56′35″N 101°41′58″E / 2.9430952°N 101.699373°E / 2.9430952; 101.699373Largest city Kuala Lumpur 3°8′N 101°41′E / 3.133°N 101.683°E / 3.133; 101.683Official languages Malay[2]Official script MalayRecognis
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Singapore
Singapore (/ˈsɪŋ(ɡ)əpɔːr/ ( listen)), officially the Republic of Singapore, is a sovereign city-state and island country in Southeast Asia. It lies one degree (137 kilometres or 85 miles) north of the equator, at the southern tip of the Malay Peninsula, with Indonesia's Riau Islands to the south and Peninsular Malaysia to the north. Singapore's territory consists of one main island along with 62 other islets. Since independence, extensive land reclamation has increased its total size by 23% (130 square kilometres or 50 square miles). Stamford Raffles founded colonial Singapore in 1819 as a trading post of the British East India Company; after the latter's collapse in 1858, the islands were ceded to the British Raj as a crown colony. During the Second World War, Singapore was occupied by Japan
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Hong Kong
Hong Kong
Hong Kong
(Cantonese: [hœ́ːŋ.kɔ̌ːŋ] ( listen)), officially the Hong Kong
Hong Kong
Special
Special
Administrative Region of the People's Republic of China, is an autonomous territory on the eastern side of the Pearl River estuary in East Asia. Along with Macau, Guangzhou, Shenzhen, Zhuhai, and several other major cities in Guangdong, the territory forms a core part of the Pearl River Delta
Pearl River Delta
metropolitan region, the most populated area in the world
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