BREXIT UPDATE - GSP

February 20, 2019

 

 

 

 

 

 

 

Importing from developing countries under the EU’s Generalised Scheme of Preferences

 

If you are regularly importing from a GSP country into the UK, you need to be aware of the following announcement from UK Government.

 

If the UK leaves the EU without a deal, the EU’s Generalised System of Preference (GSP) for developing countries will no longer apply to the UK.

 

The UK government will implement its own independent GSP scheme for day one of a ‘no deal’ scenario, with its own administration arrangements, but will aim to retain much of the same existing administration arrangements as the EU.

 

To ease the transition, the UK will retain the same qualifying operations as the EU’s rules of origin and will continue to use FORM A as proof of origin.

 

If the UK is no longer able to use the EU’s Registered Exporter Scheme (REX) then REX may become an invalid proof of origin mechanism. FORM A will be valid in this case.

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