Vietnam to be removed from GSP of EAEU 18:15 | 25/05/2021 Vietnam will be removed from the list of generalised scheme preferences (GSP) of the Eurasian Economic Union (EAEU) from October 2021. In 2020, bilateral trade between Vietnam and the EAEU reached $5.2 billion, up 6.5 per cent compared to 2019 According to Decision 17 of the Trade Policy Department of the Eurasian Economic Commission (EEC) dated March 5, Vietnam will no longer enjoy the GSP of the EAEU from October 12. This change is expected to strongly impact businesses whose goods exports are enjoying GSP to the EAEU. Enterprises are recommended to pay attention to this deadline to adjust their export activities accordingly. Plus, they are recommended to take advantage of tariff preferences from the Vietnam-EAEU Free Trade Agreement, replacing the GSP regimes that will be terminated shortly.