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<p>The Government's position, as set out by the Prime Minister to Parliament on 22
February, is that the UK will be stronger, safer and better off remaining in a reformed
EU.</p><p> </p><p>Under our new settlement the European Commission has agreed for
the first time to set specific targets to reduce the overall burden on businesses
in key sectors. The European Council Declaration on Competitiveness commits to ‘doing
more to reduce the overall burden of EU regulation, especially on SMEs and micro enterprises’.</p><p>
</p><p>To implement this, the European Commission has agreed to introduce a new burden
review mechanism. It will conduct an annual survey of the burdens imposed on businesses
at the EU level. This process will identify legislation that should be revised or
repealed to bring costs down, and will mean that limiting the cost of regulation will
be a priority when proposals are developed, negotiated and agreed.</p><p> </p><p><strong>
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