Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-237-250"
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"en.20120510.69.4-237-250"2
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"The EU very much welcomes the fact that the Russian Federation has joined the WTO. It is big step forward which means significant progress in Russia’s move towards a market economy and worldwide trade without barriers. WTO rules forbid protectionism and unfair trade practices (such as dumping, etc.), making the economy more open, liberal and competitive. I voted in favour of this report because Russia’s membership has even greater importance, since this country is finally taking a big and long awaited step towards liberal evolution. Russia’s membership of the WTO carries significant importance for the EU as the Russian Federation is the EU’s largest trading partner in many sectors. The EU respects its WTO free trade commitments and welcomes the removal of existing import quotas for several steel products from the Russian Federation. Since the steel sector is important as regards both EU imports and exports, we envisage bilateral benefits for the EU-Russia trade system, significant growth and increased competitiveness."@en1
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