Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-270-250"
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"en.20120613.24.3-270-250"2
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"Since 1971, as part of its common commercial policy, the European Union has offered preferential trade tariffs (GSP) to certain developing countries in order to stimulate their economic growth. However, some emerging countries are now competing with Europe on the global markets so those benefits are no longer justified. The updating of the GSP will reduce the number of countries benefiting from preferential access to EU markets from 176 to around 75. It will also reduce the total value of imports under the preferential scheme by some EUR 20 billion. We are also strengthening another special regime, known as the GSP+, which offers additional benefits but with conditions: the countries will have to prove that they comply with 27 international conventions on human rights and sustainable development. In adopting this proposal for a regulation, our aim is to help the countries that really need our help, encouraging them to adopt our values, but also to reinforce our trade defences against our direct competitors."@en1
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