Join | Sign In
< Back to questions :: Q&A / SME / Business and Industry Services

GSTP meaning

SME
Business and Industry Services
From Egypt
To Indonesia
126 views / 0 experts
Jan 25, 2021

What is GSTP?

1 answer

Imad K.
Jan 25, 2021

The GSTP (Global System of Trade Preference) is an Agreement on economic co - operation for promotion of trade by providing preferential trading among developing countries . The scope of GSTP has included complementary trade liberalization techniques as follow:

a) tariff reduction

b) removal or reduction of non-tariff and para-tariff barriers

c) direct trade measures as well as mid-term and long-term contracts

d) sectoral agreement

read more
Raymond Yang
Raymond Y.
Leon Lacroix
Leon L.
Amber Stellingwerf
Amber S.
This website uses cookies. By using this website, you consent to our use of these cookies