The current text of the Regulation differs from that of the explanatory memorandum in that the Regulation leaves the possibility that some FTAs with developing countries, such as EPAs, provide for a preferential access that is less favourable than this new GSP, whereas the explanatory memorandum states that EPAs will have to provide a preferential access that is similar to the one received before.
The current text of the Regulation differs from that of the explanatory memorandum in that the Regulation leaves the possibility that some FTAs with developing countries, such as EPAs, provide for a preferential access that is less favourable than this new GSP, whereas the explanatory memorandum states that EPAs will have to provide a preferential access that is similar to the one received before.