Fabian Demicoli

International Trade

Imports from developing countries- more predictable

Companies importing from developing countries are now on safer ground. The Commission has announced the extension of the current Generalised System of Preferences (GSP) by two years to the end of 2013. The rules will remain unchanged, with one possible (advantageous) exception: Pakistan may be granted tariff-free imports under the so-called "GSP plus". The extension will give Commission, Parliament and member states time to formulate a new scheme and to publish details a year in advance. 

 

Antidumping: New Treaty – new decision-making rules? 

From December 2009, the European Parliament has had co-decision rights on international trade matters. However, special decision-making rules which omit the EP, and which include rules on EU trade defence instruments, continue to be valid. European institutions must now decide whether and how the rules should be changed. The Commission believes this is their sole decision, but some political groups in the Parliament believe they should also have a role. The debate is expected to be long and intense.

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