Conceived by the G77 as a platform for South-South cooperation, negotiated within UNCTAD and established in 1989, the Global System of Trade Preferences (GSTP) is a framework for preferential tariff reduction through rounds.
Against this background, in the framework of the 18th Annual General, held in hybrid format (Geneva and online) on 6 July 2023, UNCTAD presented the state of play of ratification of this agreement, key benefits and emerging issues for cooperation.
The full report is contained in the Yearbook for 2023.