Well, we practically give it away to the first customer.

Ceilings are also applied on GSP benefits.

33. It was stressed that trade preferences such as the GSP are mutually beneficial to preference giving and preference receiving countries.

Preferences were important to Africa, and solutions to the issue of preference erosion should be found within the WTO negotiations.

27. There was a divergence of views on the impact of trade preferences and the GSP.

One way preferences

For some products, preferences are granted under the GSP and LDC schemes.

Japan has MFN, preferential and temporary tariffs on fresh and processed vegetables.

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Support for GSTP was also included.

Some developed countries are attaching social and environmental clauses to the granting of GSP preferences.

Moreover, the impact of the Uruguay Round apos s MFN tariff reduction on preference margins would not be uniform in all preference receiving countries.

32. As regard conditionalities attached to trade preferences, views differed.

He called for improvements in the Generalized System of Preferences to facilitate market access through remaining preferences.

Erosion of preferences

One way preferences include General System of Preferences (GSP) schemes, the Everything but arms (EBA) initiative of EU and those agreed to under successive Lomé accords and Cotonou agreements.

Only a college entrant himself or herself can purchase a preferential railway ticket via his or her letter of admission. Other people accompanying him or her are not entitled to enjoy the discounted price.

LDC exports had benefited much from trade preferences, and preference erosion had been largely detrimental to their economies.

Developing countries that have been enjoying non reciprocal preferential market access have called for adequately addressing the erosion of preferences arising from the most favoured nation tariff reduction.

The preferential measures among developing countries would complement preferential schemes offered by developed countries.

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Shanghai introduced preferential policies

Also, the Integrated Industrial Capital Allowance (IICA) allows companies to claim capital allowances for approved expenditure on plant and equipment used in overseas subsidiaries.

Under the GSP scheme of Japan, GSP rates on various agricultural and fishery products have been reduced to maintain the preferential margin following the MFN tariff cuts of the Uruguay Round MFN tariff reductions.

It was stressed that conditionalities have always been attached to the autonomous granting of trade preferences.

In this connection, it was also necessary to further analyse and study ways and means to enhance the utilization of existing trade preferences such as the Generalized System of Preferences, and ways of improving trade preferences and rules of origin, not least because of the trend towards greater reciprocity and graduation of countries receiving trade preferences and because of the proliferation of regional trading arrangements.

At the interregional level, the GSTP provides for preferential market access among developing countries.

Preference receiving countries will face adjustments as a result of erosion of their preference margins.

No.

Moreover, there is seemingly a trend towards expanding the application of product country graduations as well as full country graduations.

The existence of preferential customs barriers.

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(b) Erosion of preferences for the least developed countries Assessment of effects and mitigating options

Special incentives are often provided to companies willing to relocate to these zones.

He also expressed concern about the erosion of preferences, because preferences would allow a level playing field in the multilateral trading system and contribute to the achievement of the MDGs.

The Uruguay Round Agreement on Rules of Origin bans such practices for non preferential origin rules, but a comparable multilateral discipline is missing for preferential rules.

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The enterprise s access to preferential finance.

Under the Economic Complementarities Agreement 22 between Chile and Bolivia, Chile granted preferential access to Bolivia for some 500 customs tariff lines and Bolivia granted preferential access to Chile for about 480 tariff lines.

The EU applies extensive preferences to agricultural imports from African Caribbean and Pacific (ACP) countries.

31. Recent preferential actions in favour of least developed countries, including through improvements in generalized system of preference (GSP) schemes, were recounted.

The law on pension support for citizens of the Republic of Tajikistan provides for awarding retirement pensions under preferential conditions and in preferential amounts. These privileges are given both to men and women.

In this regard, we invite all member countries of the GSTP to conclude the Third Round of GSTP by 2006 and encourage other members of the Group of 77 and China to consider participating in the GSTP.