BELARUS NEWS AND ANALYSIS

DATE:

21/07/2006

EC To Recommend Expelling Belarus From GSP

(RTTNews) - The European Commission Thursday confirmed it will recommend expelling Belarus from the European Union's low-tariff trade regime, the Generalized System of Preferences (GSP | charts | news | PowerRating) this September. However the EC pushed back formalities for two months citing "technical reasons," EUobserver reported. The decision comes after Belarus failed to improve trade union rights over the past year, a commission official said adding nothing has changed with regard to Belarus' lack of compliance with GSP standards.

Source:

http://www.tradingmarkets.com/tm.site/news/EUROPEAN%20MARKETS/313559/

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