(back in 2014)
by Seval
Alpaslan
November 5-6, 2014 - The
European Parliament (EP) has discussed the GSP+ demand of the Philippines, on
November 5th and 6th, 2014. GSP+ stands for Generalized
System of Preferences Plus (GSP+), a scheme that allows developing countries to
export products to the European Union (EU) at a zero or much reduced tariff.
The Philippines expects to improve their share with EU’s fresh and processed
tuna market with GSP+.
The
Philippines mentioned in the conference that GSP+ is a serious issue and a
centre matter for the developing countries to enter in the EU market with
reduction tariff, since there will be fighting chance with its products and
also with employment opportunities.
The
EU makes the access to its market in order to ease with diminution tariff of
productions with GSP+ to the EU. By providing preferential duty free entry to
products from beneficiary countries and access to the EU markets, it stimulates
economic growth in the developing world.
The
European Commission has audited the demand and has agreed that the Philippines
meet the eligibility criteria for the GSP+. The Philippines officially have
already completed its application to the GSP+. However,
they must stay under observation and comply it with 27 specified international
conventions in the fields of human and labour rights, environment and good
governance.
There
is no objection to include the Philippines into the list of beneficiary
countries of the EU’s GSP+. This request
is headed to the EP for advice. Moreover, they are hopeful that before the end
of the year they should get ratification.
No comments:
Post a Comment