Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-282-000"
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"en.20120704.25.3-282-000"2
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"The EU-Russia agreement regarding the preservation of commitments on trade in services contained in the current EU-Russia Partnership and Cooperation Agreement must be viewed in the light of the new legal framework arising from Russia’s recent accession to the World Trade Organisation. The schedules for the liberalisation of trade in services included in Russia’s multilateral WTO accession package will give foreign service providers substantially greater access to the Russian market. Russia has agreed to lower its barriers to trade and investment and to grant more favourable treatment than it did previously to foreign service providers in 11 sectors covering professional services, IT services, construction, postal services, telecommunications, media, transport, distribution, tourism and travel, and financial services. Currently, trade in services accounts for approximately 20% of EU exports to Russia. The commitments made by Russia will not only provide new business opportunities for European firms; they will also improve the environment for exporters and investors from the EU already working in Russia, not least as regards non-discrimination and free competition. Greater competition should increase the supply and raise the quality of services in Russia in a large number of sectors, which could make it easier for all European companies established in Russia to do business. I think it is right for Parliament to approve this agreement."@en1
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