Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-24-Speech-4-176-000"

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"en.20110324.22.4-176-000"2
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"The current regulation which establishes the Generalised System of Preferences (GSP) will expire by the end of this year. However, since the Commission is still awaiting the conclusion of a study on the matter, so as to present a new proposal for the GSP, in order to avoid a legal vacuum it was decided to extend the existing regulation and its current arrangements for another two years. However, the Commission needs to present a legislative initiative on this subject very soon, because the current system needs to be reviewed and made more effective as a matter of urgency. I therefore endorse the main points highlighted by the rapporteur, to be reviewed in this legislative proposal by the Commission. These propose an effective system that will respond better to the interests of the recipient countries and economic operators, and rules that provide for a reform process which ensures the participation of the recipients and which will also ensure that Parliament can carry out its task of democratic oversight."@en1

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