MEPs gave their green light, Tuesday, to prolong a suspension of EU customs duties on imports of certain industrial goods to the Canary Islands. The proposal allows duty-free imports of raw materials, components and capital goods, so as to boost local firms' competitiveness and stabilise employment.
Current Common Customs Tariff suspensions for these goods would continue to apply until the end of 2021. To avoid possible distortions of competition, misuse or changes in traditional trade flows, the imported duty-free goods must be used in the Canary Islands.
The proposal was approved with 538 votes in favour, 66 against and 18 abstentions.
Procedure: Consultation
One in five under 25 can't find a job within the EU. Parliament wants to use unspent 82 billion euros from structural funds to create new job opportunities in...(read more) Facebook 
The EU's trade deficit with China tripled in just 10 years. How do we rebalance? As a first step, Members want to establish a monitoring board to find out to...(read more) Facebook 
Some Parliament members are suggesting that European politicians should show Euro 2012 in Ukraine the red card in protest over the treatment of opposition...(read more) Facebook 
Strong - but not invulnerable. Despite an impressive 4 metres and 600kg, the blue fin tuna is an endangered species. And why? Overfishing and illegal catches....(read more) Facebook