Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-969"
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"en.20100907.24.2-969"2
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"I welcome the adoption of this report, which is geared to the realities of the outermost regions. These regions have fragile economies due to their very nature, and very specific characteristics which require particular responses that are adapted to these characteristics. The measures that have now been approved are aimed at strengthening the competitiveness of local economic operators, which should help small and medium-sized enterprises and local farmers to invest and create jobs. This will promote more stable employment in the autonomous regions of Madeira and the Azores. In the context of the widespread economic crisis, this is a specific measure to stimulate economic activity and employment in the medium term, and an important contribution to cohesion and convergence in Europe. The suspension of customs duties will last ten years, covering a wide range of products such as finished products for industrial use, raw materials, parts and components for use in agriculture, processing or industrial maintenance. Although it is not possible to make an accurate assessment of the impact of these measures, since they are part of a series of other measures tailored to the specific problems of these autonomous regions, the European Commission forecasts that these agreed measures will have an impact on its own resources and revenues of around 0.12% per year over the period 2010-2019."@en1
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