Everything but Arms
Everything but Arms (EBA) is an initiative of the
The aim of the scheme is to encourage the development of the world's poorest countries.
Samoa, having graduated from LDC status in 2014 (becoming instead a developing country),[3] was removed from the list of EBA beneficiaries on 1 January 2019.[4]
On January 16, 2019, the European Commission decided to re-introduce import duties on rice from Cambodia and Myanmar. This was done because imports of Indica rice from both countries combined had increased by 89% in the five previous rice-growing seasons. At the same time, the prices were substantially lower than those on the EU market and had actually decreased over the same period. This surge in low-price imports has caused serious difficulties for EU rice producers to the extent that their market share in the EU dropped substantially from 61% to 29%.[5]
Cambodia lost its EBA status in 2020 over human rights concerns.[6]
History
See also
- Free trade
- European Union
- Trade and development
- Common Agricultural Policy
- World Trade Organization
- African Growth and Opportunity Act
Notes
- ^ Therefore the legal text can be found in the GSP regulation, art 12 and 13.
- ^ "REGULATION (EU) No 978/2012 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL". eur-lex.europa.eu. 25 October 2012. Retrieved 28 September 2020.
- ^ Ashton, Melanie (2012-06-02). "UN-OHRLLS Announces Samoa to Graduate from LDC Status". IISD's SDG Knowledge. Retrieved 2018-09-18.
- ^ "GSP EBA country list" (PDF). European Commission. Archived from the original (PDF) on 2018-01-28. Retrieved 2018-09-18.
- ^ "EU imposes safeguard measures on rice from Cambodia and Myanmar", a press release by the European Commission. Brussels, 16 January 2019. Retrieved 2019-01-21.
- ^ "Press corner". European Commission - European Commission. Retrieved 2020-12-12.
- ^ "IV.D.3 GATT DECISION ON DIFFERENTIAL AND MORE FAVOURABLE TREATMENT, RECIPROCITY, AND FULLER PARTICIPATION OF DEVELOPING COUNTRIES". International Law & World Order: Weston's & Carlson's Basic Documents. 2015-04-24.
- ^ Berloco, Fabrizio. "IL regime EBA – "Everything But Arms"" (in Italian). Retrieved 2020-09-28.
- ^ "Cambodia: EU launches procedure to temporarily suspend trade preferences". European Commission. 11 February 2019. Retrieved 2020-09-28.
References
- Regulation (EU) No 978/2012 of the European Parliament and of the Council of 25 October 2012 applying a scheme of generalised tariff preferences and repealing Council Regulation (EC) No 732/2008.