Everything but Arms
Everything but Arms (EBA) is an initiative of the European Union under which all imports to the EU from the Least Developed Countries are duty-free and quota-free, with the exception of armaments. EBA entered into force on 5 March 2001. There were transitional arrangements for bananas, sugar and rice until January 2006, July 2009 and September 2009 respectively. The EBA is part of the EU Generalized System of Preferences (GSP).[1]
The aim of the scheme is to encourage the development of the world's poorest countries.
Samoa, having graduated from LDC status in 2014 (becoming instead a developing country)[2], is due to be removed from the list of EBA beneficiaries as from 1 January 2019[3].
See also
References
- ↑ Therefore the legal text can be found in the GSP regulation, art 12 and 13.
- ↑ Ashton, Melanie (2012-06-02). "UN-OHRLLS Announces Samoa to Graduate from LDC Status". IISD's SDG Knowledge. Retrieved 2018-09-18.
- ↑ "GSP EBA country list" (PDF). European Commission. Retrieved 2018-09-18.
External links
- European Union Generalised System of Preference regulation EC No 980/2005
- European Commission - "Generalised System of Preferences: "EBA" - Everything But Arms initiative"
- Oxfam, December 2000, "Everything but Arms and Sugar?"
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