Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-260-000"
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"en.20120613.24.3-260-000"2
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"The EU’s scheme of generalised tariff preferences was introduced in the 1970s, with the aim of the preferences granted being for the common trade policy to complement the development cooperation policy for the benefit of the developing countries, providing a system of preferential tariffs granted unilaterally by the EU to products originating from these states. The generalised scheme of tariff preferences (GSP) is based on three fundamental rules: the preferences are general, non-reciprocal and non-discriminatory. This means that the EU offers low customs duties or duty exemptions to 178 countries and territories, granting special benefits to the least well developed 50 countries and to states which implement the labour and environmental protection standards. The GSP system may have a longer-term impact inasmuch as it makes the countries eligible for preferences more attractive as locations for inward processing, encouraging foreign direct investors who would like to export to the EU market in the future. In general, trade experts have found it difficult to identify another positive impact from the trade preferences on GSP exports, apart from the transfer of the revenue which comes with the duty-free import of goods."@en1
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