EC launches online public consultation on EU GSP
The Source: sana'a/ hadhramaut.info/sabanews.net - 12/05/2010
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The European Commission (EC) is to launch an online public consultation on the review of the EU's Generalised System of Preference (GSP).
In a press release, the EU delegation to Yemen called on the interested parties to take part in the public consultation in order to seek comments as an input to the Commission's work to prepare a future proposal to the European Council and the Parliament on a successor regulation.The press release said that by means of the GSP trade arrangements, the EU provides preferential access to the EU Market to 176 developing countries, including Yemen, in the form of reduced tariffs for their goods."The GSP scheme is therefore an important element in the EU's active support to the sustainable development of developing countries", according to the press releaseThe Commission is launching the online public consultation because of the GSP scheme will be expired on 31 December 2011.
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