Everything But Arms
Also called: EBA
The EU GSP arrangement for least developed countries, giving duty-free and quota-free access for all products except arms and ammunition. Countries leave EBA after they graduate from the UN least developed country category, following a transition period.
In practice
Sourcing from countries such as Bangladesh or Cambodia can be duty free in the EU, but graduation plans should be watched for long-term supply decisions.
Applies to: EU
Related terms
- GSP
- A unilateral scheme under which developed countries grant reduced or zero duties to imports from developing countries. The EU GSP has a standard…
- GSP+
- An enhanced EU GSP arrangement granting zero duty on most tariff lines to vulnerable developing countries that ratify and implement international…
- DCTS
- The UK's unilateral preference scheme for developing countries, which replaced the UK version of GSP on 19 June 2023. It has comprehensive, enhanced…