Brussels, 28/10/2003 (Agence Europe) - On Wednesday, the European Commission must propose an extension of the EU's System of Generalised Preferences (SGP) for one year, until 1st January 2005. The current system expires in 2004. The EU Council must rule very quickly to enable the renewed SGP to come into force at the beginning of 2004.
For the GSP which expires on 1 January 2005, the Commission is planning: - simplification of criteria for grading, so that countries currently subject to...