Strasbourg, 10/05/2011 (Agence Europe) - From 2016, the European Commission hopes to cut by half the list of 176 nations that currently benefit from the trade preferences system granted by the EU to developing countries within the Generalised System of Preferences (GSP), to focus its preferences on imports in favour of the poorest countries.
On Tuesday 10 May, Trade Commissioner Karel De Gucht presented a reform proposal for the current GSP to limit it to 80 countries in order to take into...