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IGSA

IGSA stands for the International Generalized System of Preferences Association. It is an organization that promotes and monitors trade agreements aimed at reducing tariffs and barriers for developing countries, encouraging their economic growth. By enabling easier access to markets in wealthier nations, IGSA helps poorer nations increase exports, create jobs, and improve living standards. Essentially, it supports fairer trade practices that benefit emerging economies, fostering global economic development and cooperation.