What is the meaning of GSP plus levy for the textiles exporters for European country?

The GSP status or Generalized System of Preference has the primary objective of making a contribution to promoting good governance and sustainable development whilst reducing the poverty levels in developing countries. A GSP plus status allows especially vulnerable developing countries to benefit from duty free export of goods like textiles. This means that GSP plus will have no direct effect on the export of textiles from the EU as there are no duty benefits for these countries exporting into developing nations.