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European Commission proposes the greening of the GSP

The new GSP System is expected to replace the current GSP Regulation when it expires at the end of 2023. The European Commission published a proposal to amend the 2012 Regulation on September 22, 2021. The new proposal aims to further reduce poverty in developing and the least developed countries while requiring them to meet environmental, social and governance rules, fight climate change and promote sustainable development.



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