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GSP Objectives

Regulations/Policies
Bags and Luggage Bags
From Australia
To Brazil
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Rayyan Z.
Jun 04, 2021

What are the main objectives of Generalized System of Preferences?

1 answer

Sebastian R.
Jun 04, 2021

It is believed that the main objectives of Generalized System of Preferences will be met by the ways given below:

  • To increase the export earnings of the preference receiving countries;
  • To promote their industrialization;
  • and To accelerate their role of economic growth.
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