Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-06-Speech-3-251-250"

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"en.20110406.29.3-251-250"2
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"With this report, the European Parliament is agreeing to the creation of a standard dispute settlement mechanism, which will provide streamlined and effective redress procedures within firm time limits when there is a need to settle conflicts between the European Union and the Hashemite Kingdom of Jordan, resulting from the trade provisions of the Euro-Mediterranean agreement. To date, the settlement of disputes arising from the Euro-Mediterranean agreements relied solely on diplomatic means. In practice, such an approach proved ineffective and led to situations in which certain disputes remained unresolved, as they could easily be blocked by the ‘injuring’ party. These upgrades to the Euro-Mediterranean free trade agreements can contribute to economic and political stability in this key region, consolidating a single area of peace, development, justice, equality, freedom, plurality, democracy and respect. The proper application of such a mechanism could increase the security and the predictability of our bilateral trade relations, and could represent a further step towards the creation and proper functioning of the Euro-Mediterranean Free Trade Area. My vote in favour was motivated by each of these facts."@en1

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