EU executive arm urges GSP extension

By Jenica Faye Garcia

Jul 06, 2023 12:34 am

THE executive arm of the European Union has proposed to extend the validity of preferential tariffs granted to developing countries as new legislation has yet to be approved by lawmakers.

'The ordinary legislative procedure is ongoing but has not been concluded and there is a risk that it will not be concluded in time, the European Commission (EC) said in a proposal released by the Philippines' trade department on Wednesday.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Higher Q4 growth seen; 2024 target likely missed

Strong rally unlikely ahead of economic growth results

Fed expected to pause in first meeting under Trump

2024 foreign borrowing approvals fall to $13.68B

AstraZeneca wants to do clinical trials in PH – Roque

BOI fast-tracks 179 projects worth P4.55T

DA allots P3 billion for cold-storage facilities