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    EU Will Impose Stringent Import Safeguards

    2012/3/5 9:22:00 22

    Prevention Of Planned Income Concessions

    The MEPs of the International Trade Commission (EU) said that the list of EU trade preferences (GSP) would eliminate high income and upper middle income countries, which would provide more help to developing countries most in need of help. Meanwhile, the European Parliament will tighten safeguards to prevent textile imports from disrupting the EU market.


    The European Parliament supports the European Commission's plan for renewing the GSP plan, reflecting the recent changes in the world trade pattern. The plan will remove the highest per capita or upper middle class countries on the world bank list from the EU preferential import measures. Russia Brazil, Kuwait, Saudi Arabia and Qatar.


    These changes will reduce the enjoyment of the European Union. market Preferential countries have been reduced from 176 countries to about 80 countries. Preferential imports will be reduced from 2009 Euro 60 billion (4% of total EU imports) to about 37 billion 700 million euros.


    This is the first time that Parliament has exercised the power of introducing the "Lisbon treaty" into the GSP legislation.


    The European Parliament has also revised proposals for strengthening safeguards to protect the EU's textile and garment industry and prevent imports of third largest cost products from entering the EU market. If the EU's annual import growth is 12.5% (less than 15% recommended by the Commission), or if the imports of specific products exceed 6% of the total imports of the EU (below the 8% recommended by the Commission), the products will be cancelled. tariff Discount.


    The GSP provides trade preferences for developing countries to export products to the EU, such as zero tariffs, or reduce Tariffs to help them reduce poverty and promote sustainable development and good governance. The GSP has been implemented since 1971.


    The current GSP scheme has been in force since 2009 and expired at the end of 2013, so the new regulations must be put in place at the latest in January 1, 2014.


    The committee decided to start informal three party talks with the Council and members so as to achieve a first reading agreement.

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