Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-297"
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"en.20111115.27.2-434-297"2
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"For some time, the economy of the Autonomous Community of the Canary Islands has been suffering a serious downturn. By temporarily suspending autonomous Common Customs Tariff duties on imports to the Canary Islands, the European Union and the islands are hoping to increase the competitiveness of the local economic operators and to stabilise the employment situation. End-use controls will be imposed to ensure that the duty-free imported goods really are used by local companies on the islands and that, as a result, they do not distort competition. In addition, raw materials, parts and components intended for industrial processing and maintenance must be used on the islands themselves. Without the help of the European Union, it is unlikely that the difficult economic situation in the Canary Islands will be resolved.
A concession in the form of a temporary suspension of autonomous customs duties is in line with the measures laid down in the European economic recovery plan and is a tried-and-tested means of providing the Canary Islands with economic assistance. However, it will also have an impact on the revenue of the European Union and it is not yet possible to estimate the extent of this. On account of these considerations, I have abstained from voting."@en1
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