Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-237-625"
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"en.20120510.69.4-237-625"2
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"The Russian Federation is an important trading partner for the European Union. Previous restrictions on imports of certain steel products from Russia were a result of the fact that the Russian Federation was not part of the World Trade Organisation. As you know, the principal task of the World Trade Organisation is liberalisation of international trade in goods and services, as well as supporting trade and resolving any disputes that arise in this area. States that are members of the WTO must adapt their internal laws to the standards set by the Organisation. Russia’s accession to the WTO in late December 2011 has meant that the European Union cannot apply quotas for the abovementioned goods. Trade liberalisation, particularly at this time of economic crisis, could certainly have a positive impact on relations between the EU and Russia and will also help, to some extent and over the long term, to improve the economic situation of both parties."@en1
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