On 31 January 2018, the Official Journal published Commission Delegated Regulation (EU) 2018/148 of 27 September 2017 amending Annexes II, III and IV to Regulation (EU) No 978/2012 of the European Parliament and of the Council applying a scheme of generalised tariff preferences which revised the listings of several countries under the Generalised Scheme of Preferences (GSP), which is reviewed each January. Regulation (EU) 978/2012 provides that a country that has been classified by the World Bank as a high-income or an upper-middle income country for 3 consecutive years, or a country that benefits from a preferential market access arrangement which provides the same tariff preferences as the GSP, or better, for substantially all trade, should not benefit from GSP, although GSP benefits will continue for 1 year after entry into force of a change in status to high-income or an upper-middle income country for 3 consecutive years, and 2 years after the date of application of a preferential market access arrangement so that the GSP beneficiary country and economic operators are given sufficient time for an orderly adaptation to the country’s GSP status revision. Accordingly, the following actions have been taken: