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European Union Council extends
Andean Generalized System of
Preferences
December 14, 2001
The
Council of the European Union this
past December 10
approved the Regulations (Law) for
application of a generalized
tariff preferences plan for the
period January 1, 2002 to December
31, 2004.
The
Regulations cover the so-called
Andean GSP, in effect since
November 13, 1990. The European
Union granted the subregion these
tariff preferences as support for
the Andean Community’s war on
drugs, under the principle of
shared responsibility.
The
new Regulations not only favor the
Andean countries, but also
continue the support to the
Central American nations and
Panama started in 1995, and extend
the benefits to Pakistan for the
first time.
They
consider the possible renewal of
the Andean preferential system for
the decade of 2005-2014, which
will depend upon a general
evaluation of the results to be
conducted over the three-year
period of 2002-2004. Special
weight will be placed on the
observance, by the beneficiary
countries, of the ILO’s key labor
standards, their performance in
controlling drugs, and their
effective use of the preferences
in 2002-2004.
The
European Commission has been
entrusted with that evaluation and
in performing it will bear in mind
the conclusions reached by the
pertinent international
organizations. The results of that
evaluation will not, however,
affect in any way the application
of the preferences during the
cited three-year period.
The
Andean GSP enjoyed special and
privileged treatment as compared
with the general GSP in the
European Union. Not only did this
instrument permit the preferential
entry of a broad range of Andean
products with a zero tariff, while
most of the countries benefited by
the European GSP had a more
limited coverage and margin of
preference, but it was also not
subject to general GSP provisions
that suspended preferences for a
beneficiary country or a sector of
that country totally or in part
for different reasons. These
general provisions, however, are
now applicable to the Andean GSP.
In
any case, and even though the
percentage of coverage and the
average margin of preference of
the Andean GSP have been declining
over time because of the tariff
reduction commitments assumed by
the EU at the conclusion of the
Uruguay Round, the socioeconomic
merits of the instrument have been
clearly demonstrated. During their
period of heaviest growth, from
1993 to 1996, Andean preferential
exports to the European Union
increased by US$ 983 million and
generated a gross value of
production US$ 1 billion 877
million larger and an additional
119,000 direct and indirect new
jobs, with an investment of close
to US$ 300 million.
Today, despite having fallen to a
coverage of less than 23%, the
Andean GSP continues to be
important to the subregion. In
2000, it upheld preferential
exports valued at US$ 1 billion
275 million, for a production of
US$ 2 billion 532 million, which
generated roughly 160,000 new jobs,
both direct and indirect.
Last
but not least, the Andean GSP made
it possible to diversify Andean
exports to the European Union, as
shown by the increase in number of
NANDINA headings effectively used,
which rose from 1,554 in 1991 to
1,923 in 2000.
The
rapidly growing new Andean exports
to the European Union encompass a
large variety of chemicals and
agrofood products, specific metal
manufactures, jewelry, ceramics,
fruits and vegetables, and
alcoholic and non-alcoholic
beverages.
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