Related Keywords: announced extension of GSP for next three years, Apex apparel body, Apparel Export Promotion Council, continue to enjoy twenty percent duty preference, European Union Scheme, Generalised Tariff Preference, Indian readymade garment sector, on exports to EU markets, schedule to expiry this year
Apex apparel body Apparel Export Promotion Council (AEPC) today said that the EU has recently announced its scheme of Generalised Tariff Preferences (GSP) for the next three years (2017-19) in EU markets for Indian readymade garment sector.
The European Union’s scheme of GSP was scheduled to end on 31 December, 2016. Now the India's readymade garments sector will continue to enjoy 20 percent duty preference on exports for the next three years in the EU markets.
