# Regulation (EU) No 978/2012 of the European Parliament and of the Council of 25 October 2012 applying a scheme of generalised tariff preferences and repealing Council Regulation (EC) No 732/2008, Division 1: For the purposes of Chapter III a vulnerable country means a country:

Extent: E+W+S+N.I.

(a) of which, in terms of value, the seven largest GSP sections of its imports into the Union of products listed in Annex IX represent more than the threshold of 75 % in value of its total imports of products listed in that Annex, as an average during the last three consecutive years;
and
(b) of which the imports of products listed in Annex IX into the Union represent less than the threshold of 7,4 % in value of the total imports into the Union of products listed in that Annex originating in countries listed in Annex II, as an average during the last three consecutive years.

---
Source: https://www.legislation.gov.uk/eur/2012/978/annex/VII/division/1 (the official version)
Page: https://openlegislation.uk/eu-regulation-2012-978/annex-VII/division-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.