Assessing Kyrgyzstan’s capacities in compliance with GSP+ provisions and requirements
On 25 November 2015 the European Commission adopted the proposal to grant inclusion in the extended Generalized Scheme of Preferences (GSP+) to Kyrgyzstan. After consideration by the Council and the European Parliament, the EU regulation granting it was published in the Official Journal of the EU on 26 January 2016, and came into effect the following day. The decision of the European Union to grant GSP+ status to the Kyrgyz Republic opened up new potential in economic relations and offered opportunities for Kyrgyzstan to increase and diversify its exports and strengthen its economy. The GSP+ means full removal of tariffs on more than 6,000 product categories, Kyrgyz exporters are now able supply to the European Union at a zero tariff rate agricultural products such as fruits, processed fruits (canned fruits, juice), dried fruits (walnuts, almonds, pistachios), food products, tobacco, textiles, felt products, clothing (including leather), and carpets.