The Commission announced on 16 October the results of a new study on the impact of its upcoming REACH proposals for the chemical sector, showing that the overall impact in terms of GDP will be negligible.
The overall costs of the proposal on chemicals, currently in preparation, will be substantially reduced compared to earlier estimates.
The draft proposal which was posted for Internet consultation earlier this year has been thoroughly revised to cut costs and minimize bureaucracy whilst safeguarding human health and the environment.
The final legislative proposal of the Commission will be presented on 29 October.
