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The Structure of South-South Trade Preferences in the 1988 GSTP Agreement: Learning to say MFMFN

In: Developing Countries and the Global Trading System

Author

Listed:
  • Robert E. Hudec

Abstract

In April of 1988, in Belgrade, the G-77 concluded the first stage of a long-term plan for SST preferences called the Global System of Trade Preferences, or GSTP.1 Forty-six governments signed a trade agreement under which they exchanged preferential tariff concessions on over 1 300 tariff items. The trade impact of the concessions themselves is expected to be quite modest. The structural provisions of the GSTP Agreement, however, have a considerably greater significance.

Suggested Citation

  • Robert E. Hudec, 1989. "The Structure of South-South Trade Preferences in the 1988 GSTP Agreement: Learning to say MFMFN," Palgrave Macmillan Books, in: John Whalley (ed.), Developing Countries and the Global Trading System, chapter 11, pages 210-237, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-20417-5_11
    DOI: 10.1007/978-1-349-20417-5_11
    as

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