( May 22, 2026, 09:17 GMT | Official Statement) -- MLex Summary: Developing countries will receive reduced or zero EU tariffs under revised Generalized Scheme of Preferences rules, the Council of the EU, the body representing the bloc’s governments, has said. The regulation will tie tariff preferences more closely to respect for human rights, labor rights, environmental protection and cooperation on migration, and will apply from Jan. 1, 2027.Full statement follows....
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