1 Amendments of Rolandas PAKSAS related to 2011/0117(COD)
Amendment 28 #
Proposal for a regulation
Recital 7
Recital 7
(7) By providing preferential access to the market of the Union, the scheme should assist developing countries in their efforts to reduce poverty and promote good governance and sustainable development by encouraging industrial development and the diversification of their economies and by helping them generate additional revenue through international trade, which can then be re-invested for the benefit of their own development. The scheme’s tariff preferences should focus on helping developing countries having greater development, trade and financial needs.