The Structure of South-South Trade Preferences in the 1988 GSTP Agreement: Learning to say MFMFN

  • Robert E. Hudec


In April of 1988, in Belgrade, the G-77 concluded the first stage of a long-term plan for SST preferences called the Global System of Trade Preferences, or GSTP.1 Forty-six governments signed a trade agreement under which they exchanged preferential tariff concessions on over 1 300 tariff items. The trade impact of the concessions themselves is expected to be quite modest. The structural provisions of the GSTP Agreement, however, have a considerably greater significance.


Trade Policy Trade Agreement Trade Liberalization Trade Barrier Contracting Parti 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Carl, B.M. (1986) Economic Integration Among Developing Countries (New York: Praeger).Google Scholar
  2. Hamza, M.A.-B (1981) ‘Review of the Preferential Arrangements Established under the GATT Protocol Relating to Trade Negotiations among Developing Countries’, UN Doc. TD/B/C.7/49, 27 October.Google Scholar
  3. Hamza, M.A.-B. (1987) ‘Guidebook for the GSTP: The Global System of Trade Preferences among Developing Countries — Origin, Dimensions, Negotiations and Prospects’ (Geneva: UNCTAD), June.Google Scholar
  4. Hudec, R.E. (1987) Developing Countries in the GATT Legal System (London: Macmillan, for TPRC).Google Scholar
  5. Hudec, R.E. (forthcoming) Tiger, ‘Tiger in the House: A Critical Appraisal of the Case against Discriminatory Trade Measures’, in M. Hilf and E.-U. Petersmann (eds), The New GATT Round of Multilateral Trade Negotiations: Legal and Economic Problems (New York: Kluwer).Google Scholar
  6. Langhammer, R.J. (1980) ‘Multilateral Trade Liberalization Among Developing Countries’ Journal of World Trade Law, 14, pp. 508–15.Google Scholar
  7. Nolde, Le Baron B. (1932) ‘La Clause de la Nation la Plus Favorisée,’ Recueil des Cours, 1.Google Scholar
  8. Ramcharan, B.B. (1984) ‘Equality and Discrimination in International Economic Law (XII): The Proposed Global System of Trade Preferences Among Developing Countries’, The Yearbook of International Affairs 1984 (London: Stevens & Sons).Google Scholar
  9. South-South Economic Cooperation: Problems and Prospects (1987) (New Delhi: Radiant Publishers, for RIS).Google Scholar

Copyright information

© John Whalley 1989

Authors and Affiliations

  • Robert E. Hudec

There are no affiliations available

Personalised recommendations