Overall Perspective of Utilization Rates of COMESA Member States of Unilateral and Contractual Trade Preferences - South-North Direction of Trade

This section provides a general overview of COMESA utilization rates as a region of major preferential unilateral trading arrangement such as the Generalized System of preferences (GSP) and Africa Growth and Opportunity Act (AGOA) and reciprocal preferences under the Economic Partnership Agreements (EPAs) that some COMESA Member States have entered with the European Union (EU). Under the GSP schemes, special treatment is provided for Least Developed Countries (LDCs). With respect to other beneficiary developing countries, additional preferences for LDCs are granted in the form of deeper tariff cuts, expanded product coverage and more lenient rules of origin.

Sustainable Development Goals:

Gender Equality

Responsible Consumption and Production