The Role of EU Generalized System of Preferences to Discover Trade Relationships between ASEAN-EU

Waktu : Jumat, 29 Maret 2024

Speaker: Ika Riswanti Putranti (PhD Candidate in European Union Law, Dipartimento di Scienze Giuridiche, IUSS – Ferrara 1391 Università degli Studi di Ferrara, Italy)

The EU’s Generalized System of Preferences is commonly recognized as having been, for 40 years, the only trade preferences system operating among the European Union and ASEAN member states. Due to the various levels of economic developments, ASEAN member states are granted different arrangement in the EU GSP scheme. There are some crucial changes in the new GSP regulation in order to improve the GSP scheme, compared with the previous one. First, the application of open-ended system review to replace the annual review aimed to develop a more stable and predictable GSP scheme. Second, the GSP would be given based on the consideration of the country most in need. Consequently, based on such policy, European Union would cut down the number of beneficiary countries from current 176 to 80 countries. On the other hand, after the deadlock of AEUFTA negotiation, European Union commenced to carry out FTA negotiation with the individual ASEAN member states. Such negotiation has been started with Singapore and Malaysia. Questions were raised about: how the new EU GSP regulation would govern trade relations between ASEAN-EU? What are the positions of ASEAN member states in the new EU GSP schemes? How is ASEAN supposed to address such new policy, after the negotiation of AEUFTA has been postponed?Speaker: Ika Riswanti Putranti (PhD Candidate in European Union Law, Dipartimento di Scienze Giuridiche, IUSS – Ferrara 1391 Università degli Studi di Ferrara, Italy)

The EU’s Generalized System of Preferences is commonly recognized as having been, for 40 years, the only trade preferences system operating among the European Union and ASEAN member states. Due to the various levels of economic developments, ASEAN member states are granted different arrangement in the EU GSP scheme. There are some crucial changes in the new GSP regulation in order to improve the GSP scheme, compared with the previous one. First, the application of open-ended system review to replace the annual review aimed to develop a more stable and predictable GSP scheme. Second, the GSP would be given based on the consideration of the country most in need. Consequently, based on such policy, European Union would cut down the number of beneficiary countries from current 176 to 80 countries. On the other hand, after the deadlock of AEUFTA negotiation, European Union commenced to carry out FTA negotiation with the individual ASEAN member states. Such negotiation has been started with Singapore and Malaysia. Questions were raised about: how the new EU GSP regulation would govern trade relations between ASEAN-EU? What are the positions of ASEAN member states in the new EU GSP schemes? How is ASEAN supposed to address such new policy, after the negotiation of AEUFTA has been postponed?

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  1. mas eko 11 years ago

    that strategy come with big Issues, and may be their solution has on Indonesia ( Security and other ) cause the human with DNA and other can hardening the infrastructure and suppose deep secure trading.