GSP in Textile Meaning

The GSP meaning in Textile terms is "Generalized System of Preference". There are 1 related meanings of the GSP Textile abbreviation.

GSP on Textile Full Forms

  1. Generalized System of Preference A preferential tariff system which provides for a formal system of exemption from the more general rules of the World Trade Organization (WTO). Specifically, it's a system of exemption from the most favored nation principle (MFN) that obliges WTO member countries to treat the imports of all other WTO member countries equally, that is, by imposing equal tariffs on them, etc.

Frequently Asked Questions (FAQ)

  1. What does GSP stand for Textile?

    GSP stands for Generalized System of Preference in Textile terms.

  2. What is the shortened form of Generalized System of Preference in Textile?

    The short form of "Generalized System of Preference" is GSP for Textile.

Citation

GSP in Textile. Acronym24.com. (2022, March 29). Retrieved April 19, 2024 from https://acronym24.com/gsp-meaning-in-textile/

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