Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-03-08-Speech-2-270"
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"en.20050308.23.2-270"2
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".
Following the tsunami disasters, the Commission proposed to accelerate the entry into force of the future Generalised System of Preferences for all the countries affected by the tsunami, particularly Sri Lanka for textiles and Thailand, Indonesia and India. All these countries benefited from the new GSP proposal presented in October 2004.
The Commission will continue to evaluate the GSP. It did that in 2002, when it presented detailed trade data and major GSP trends. However, in order to be credible, such a monitoring scheme must cover several years.
The assessment of the Generalised System of Preferences for developing countries is positive. Between 2002 and 2003, EU GSP imports increased from 47.2 billion to 52 billion, although during this period products and commodities like coffee were no longer under a GSP scheme, since they were granted duty-free access under other international agreements.
As far as the GSP is concerned, the EU is by far the most important donor in the world. The EU’s GSP scheme is wider than any other. The second largest is the US scheme, which amounted to only USD 17 billion in 2003. Nevertheless, the GSP scheme should not be taken in isolation. The EU is also a partner in several other preferential trade arrangements that benefit developing countries, for example, the ‘everything but arms’ initiative and the Cotonou Agreement.
Thanks to the various schemes, 79% of trade flows from developing countries enter the EU through a preferential tariff regime. 97% of the trade flows from ACP countries and 60% of trade flows from non-ACP least-developed countries enter the EU duty-free."@en1
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