GSTP:- GLOBAL SYSTEM OF TRADE PRACTICES
The Global System of Trade Preferences among Developing Countries (GSTP) is a particular exchange understanding marked on 13 April 1988 with the point of expanding exchange between creating nations in the structure of the United Nations Conference on Trade and Development.[1] Its entrance into power was on 19 April 1989 and its notice to the WTO on 25 September 1989.
Current individuals states, partaking since 19 April 1989, are Bangladesh, Cuba, Ghana, India, Nigeria, Singapore, Sri Lanka, Tanzania, Zimbabwe. Previous individuals: Yugoslavia (from 19-04-1989), Romania (from 19-04-1989 until its EU participation).