

The decision comes after an “exhaustive investigation” by the European Commission into the situation “which identified significant shortcomings in respect of Sri Lanka’s implementation of three UN human rights conventions,” the EU executive said in a statement announcing the measure.
The withdrawal of”GSP Plus” (an extension of the Generalized System of Preferences) will begin in six months time, it said, during which time Brussels hopes to engage in a dialogue with Colombo over the matter, “giving Sri Lanka extra time to address the problems identified.”
Unlike many other EU trade relations, the GSP Plus program is predicated specifically on adherence to human rights norms.
Under the program, the EU provides additional preferences to economically vulnerable developing countries that have ratified and effectively implemented 27 international conventions in the fields of human and labor rights, sustainable development and good governance.
Brussels is to closely monitor the situation and regularly re-evaluate its position. Once sufficient progress has been made, the decision is to be reversed.
-euobserver.com
16 February 2010
The EU represents the world’s largest economy. They also occupy the number
1 spot when it comes to imports and exports. Politically, however, the EU is little more than a paper tiger, at least at this moment. But economy and politics go hand in hand; thus, one can expect the EU’s political power to grow significantly in the future. Human rights are the key to remain in favor with the European Union and democracy.
Analyzing political/economic global development requires us to look at Scripture. Daniel chapter 2 reveals an image representing the four Gentile superpowers: Babylon, Persia, Greece, and Rome. The fourth one—Rome—is diverse from all others, “And the fourth kingdom shall be strong as iron: forasmuch as iron breaketh in pieces and subdueth all things: and as iron that breaketh all these, shall it break in pieces and bruise” (Daniel 2:40). This last global power structure will force the world to be unified. That means all the traditions, customs, cultures, and laws of individual nations will be broken to pieces in order for all nations to become subject to the final power structure—the iron and clay kingdom!
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(For more information on this subject, read
Daniel’s Prophecies Made Easy, by Wilfred Hahn, Item 1057).