Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-263-000"
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"en.20120613.24.3-263-000"2
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"The European Union has granted trade preferences to developing countries through the generalised system of preferences (GSP) since 1971. This system is one of the key EU trade instruments assisting developing countries in their efforts to ensure core human and labour rights, reduce poverty and promote sustainable development and good governance in developing countries. Thanks to increased trade, many developing countries and export sectors have successfully integrated within the global marketplace. In order to ensure a better safeguarding of the EU’s financial and economic interests and to enhance legal certainty, stability and predictability, the administrative procedures for safeguard mechanisms are being improved. The new regulation is premised on enhanced transparency and predictability, including applicable procedures and rights of defence. I am confident that it will better safeguard the EU’s financial and economic interests and will enhance legal certainty and stability. It is important to bear in mind that preferential access to the EU market is one of several enablers that sustain development through trade. What the new GSP Regulation seeks to achieve is greater simplicity, predictability and better targeting of the EU GSP scheme so as to maximise its effectiveness; all of the proposed modalities are also in line with the United Nations’ priorities for combating global poverty."@en1
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