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

GSTP meaning

Business and Industry Services
From Egypt
To Indonesia
69 views / 0 experts
Rayyan Z.
Jan 25, 2021

What is GSTP?

1 answer

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
No comm.
Amber Stellingwerf
Amber S.
Raymond Yang
Raymond Y.
Ashwin Kamath
Ashwin K.
This website uses cookies. By using this website, you consent to our use of these cookies