Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-266-000"
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"en.20120613.24.3-266-000"2
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"As far back as 1964, there were loud calls from some developing countries for trade preferences to improve their economic situation. In 1968, after an agreement was reached, a generalised system of preferences (GSP) was introduced. The European Economic Community introduced the GSP in 1971 and other nations like the United States followed suit. The temporary granting of trade preferences sought to achieve the following goals: an increase in developing countries’ export revenues through diversification of the exported products, promotion of industrialisation and an acceleration of economic growth in the developing countries. Furthermore, the GSP was intended to ensure that the products favoured originated in developing countries. To date, the GSP represents one of the most important EU instruments in the area of trade and it is monitored by the European Commission. However, I am unable to vote in favour of the report because the amendments proposed do not seem to be fully thought out."@en1
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