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Utilization of Preferential Trade Arrangements: Sri Lanka's Experience with the EU and US GSP Schemes

Author

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  • Janaka Wijayasiri

    (Institute of Policy Studies)

Abstract

The GSP scheme was initiated by UNCTAD in 1968 with the objective of enabling developing country exports to enter developed country markets under preferential rates. Sri Lanka has been a beneficiary under the GSP scheme over the last three decades. However, meeting the scheme’s objective of export expansion seems to have fallen short and Sri Lanka has not been able to export effectively under the EU and US GSP schemes, which are the most important non-reciprocal preference arrangements providing access to Sri Lanka’s main export markets.

Suggested Citation

  • Janaka Wijayasiri, 2007. "Utilization of Preferential Trade Arrangements: Sri Lanka's Experience with the EU and US GSP Schemes," Working Papers 2907, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    • Handle: RePEc:esc:wpaper:2907
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    References listed on IDEAS

    as
    1. Paul Brenton & Miriam Manchin, 2014. "Making EU Trade Agreements Work: The Role of Rules of Origin," World Scientific Book Chapters, in: INTERNATIONAL TRADE, DISTRIBUTION AND DEVELOPMENT Empirical Studies of Trade Policies, chapter 14, pages 299-313, World Scientific Publishing Co. Pte. Ltd..
    2. Fabien Candau & Sébastien Jean, 2005. "What Are EU Trade Preferences Worth for Sub-Saharan Africa and Other Developing Countries?," Working Papers 2005-19, CEPII research center.
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    Cited by:

    1. Ashani Abayasekara, 2013. "GSP+ Removal and the Apparel Industry in Sri Lanka," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 14(2), pages 293-316, September.

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    More about this item

    Keywords

    Generalized System of Preferences (GSP); Rules of Origin(RoO); EU; US; Sri Lanka;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

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