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Image header Agence Europe
Europe Daily Bulletin No. 8398
Contents Publication in full By article 18 / 57
GENERAL NEWS / (eu) eu/gsp

Commission was to propose excluding competitive products from some thirty countries from GSP and introduce a "financial clause"

Brussels, 11/02/2003 (Agence Europe) - Tuesday afternoon, the European Commission was to adopt a draft regulation that would abolish preferential customs duties granted to certain products from some thirty developing countries in the framework of the Generalised System of Preferences. According to the GSP "graduation" procedure, these products are excluded from the system when they become competitive. At the same time, the Commission was to decide to introduce a "financial clause" providing...

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