Contents
Article 17#
1.An eligible country shall benefit from the tariff preferences provided under EBA if that country is a least-developed country.
2.The Commission shall continuously review the list of EBA beneficiary countries listed in Annex I, and identified as such in column C thereof, on the basis of the most recent available data.Where an EBA beneficiary country no longer fulfils the condition referred to in paragraph 1 of this Article, the Commission is empowered to adopt delegated acts, in accordance with Article 45, to amend Annex I in order to remove the country from the EBA arrangement following a transitional period of three years from the date on which the EBA beneficiary country no longer fulfils that condition.
3.Pending the designation by the UN of a newly independent country as a least-developed country, the Commission is empowered to adopt delegated acts, in accordance with Article 45, to amend Annex I as an interim measure so as to include such a country in the list of EBA beneficiary countries.If such a newly independent country is not designated by the UN as a least-developed country during the first available review of the category of least-developed countries, the Commission is empowered to adopt delegated acts without delay, in accordance with Article 45, to amend Annex I in order to remove such a country from that Annex, without granting the transitional period referred to in paragraph 2 of this Article.
4.The Commission shall notify the EBA beneficiary country concerned of any changes in its status under the GSP.
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