Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-228-500"

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"en.20120510.69.4-228-500"2
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"The purpose of the proposed amendment to this regulation, which the Committee on International Trade has decided to adopt using the simplified procedure, is to incorporate the decision of 28 July 2011 by the Dispute Settlement Body of the World Trade Organisation (WTO) into EU legislation, specifically, the Basic Anti-Dumping Regulation. The EU-China dispute resulted from the provision in EU legislation for discriminating against individual exporting producers in ‘non-market economy countries’, which breaches the rules of the WTO itself, specifically, the WTO Anti-Dumping Agreement. This is significant. Examples of provisions being scrapped include those requiring that, in exporting producers, ‘the majority of the shares belong to private persons’. The purpose of this report is an amendment intended to bring EU legislation in line with the rules of the WTO, which is an organisation whose actions and principles we oppose. However, it remains significant and interesting to note how, in this case, the EU is overtaking the WTO itself in its overwhelming mercantilism and neoliberal fundamentalism."@en1

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