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Home » Investment Enviroment » Generalized System of Preferences (GSP)

Welcome to CDC

Minister attached to the Prime Minister Secretary General, Council of the Development of Cambodia.

On behalf of the Council for the Development of Cambodia, I would like to welcome you to this website which represents our continuous endeavors to promote development and investments in the Kingdom.  We aim to accelerate economic growth and attract further investments to Cambodia, a promising open market with steady political stability and proven sustainable growth. Over the past two decades, Cambodia has been transformed from a land in crisis to a land of opportunities. Our economic renaissance has only just begun.Read More»

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Generalized System of Preferences (GSP)

Cambodia is one of the beneficiaries of the Generalized System of Preferences (GSP) schemes operated by developed countries. Under these schemes, import tariffs on many products from the beneficiaries are exempted or reduced if requirements such as rules of origin are fulfilled. Below Table shows the relations between the beneficiaries in Asia and three major markets: Japan, the US and the EU.

Since Cambodia is categorized as a least developed country (LDC), it is entitled to additional preferences, under which more of its products are subject to duty-free or tariff reductions. For example, Japan gives Cambodia tariff preferences on imports of 3,490 articles plus an additional 2,200 articles including apparel and footwear as shown in below Table.

Matrix of GSP Beneficiaries and Major Markets

Beneficiaries in Asia

Preference-giving countries (three major markets)

Japan

The US

The EU (Until 2013)

Bangladesh X (LDC) X (LDC) X (LDC)
Cambodia X (LDC) X (LDC) X (LDC)
China X X
Indonesia X X X
Lao PDR X (LDC) X (LDC)
Malaysia X X
Myanmar X (LDC) (Withdrawn from the GSP list in 1997)
Philippines X X X
Thailand X X X
Vietnam X X

Note: “LDC” indicates the least developed countries benefiting from additional preferences compared with other developing countries.

Source:

GSP List of Beneficiaries (MOFA of Japan, July 2011), GSP Guidebook (USTR, May 2011), Information Notice (on Amendment made by Regulation (EU) No 512/2011 of the European Parliament and of the EU Council dated on 11 May 2011)

Number of Articles Subject to Preferences under GSP schemes

Japan

The US

The EU

For all developing countries

3,490

3,400

6,300

Additional only for  LDCs including Cambodia

2,200

1,400

All other articles, except arms and ammunition (EBA), with few exceptions

Source: MOFA of Japan, USTR and EU

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