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GSP+ to benefit poorest of countries

22 Dec '05
2 min read

On the basis of findings from international organisations including the UN and ILO, the Commission has decided to grant GSP+ benefits to the five Andean countries (Bolivia, Columbia, Ecuador, Peru & Venezuela), six Central America countries (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua & Panama), Moldova, Georgia, Mongolia and Sri Lanka.

In order to benefit from 'GSP+', countries must have:

Ratified and implemented key international conventions.

23 of the most important international convention relating to core political, human and labour rights must have been ratified, including:the elimination of discrimination against women; the prohibition of torture; the right to strike; the banning of child labour, the environment, good governance and the fight against drug production and trafficking, must have been ratified by the end of October 2005.

The remaining conventions must be ratified within the lifetime of the regulations i.e. by December 2008.

These conventions include the Kyoto Protocol, the Convention on International Trade in Endangered Species and the UN Convention against Corruption.

The new GSP is therefore a concrete incentive for developing countries to promote best practice in key areas and support sustainable development policies.

Provided comprehensive information concerning ratification of the conventions, the legislation and measures to implement the conventions required for GSP+, andmade a formal request to qualify for GSP+ before 31 October 2005.

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