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Most viewed in Economics
The GSP
India, a lower-middle-income country, is the main beneficiary of the current GSP. In 2009, Indian exports worth €13 billion - more than half of its total exports to Europe - entered the EU under preferential GSP tariff lines. Bangladesh, one of the world's poorest countries, came second, with €4.5bn in GSP exports in 2009. The other main beneficiaries in 2009 were Thailand (€4.2bn), Indonesia (€3.4bn), Brazil (€3.4bn) and Russia (€2.9bn).
In all, the EU imported goods worth €48bn under GSP rates in 2009, primarily textiles and clothing (€14.2bn), mineral products (€5.6bn) and chemicals (€5.1bn).
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