Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-201-000"

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"en.20120523.15.3-201-000"2
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"Mr President, this report on trade with China is of vital importance and I am pleased that the Committee on International Trade decided to draft it. I am fully behind maintaining and developing further good relations with a state that will soon become the world’s most powerful economy, provided that we address the imbalances of the current relationship. There are a number of points, therefore, that I would like to support within this report. Restrictions on rare earth exports, of which China accounts for 97% of world production, must be remedied. I welcome the call for China to accede to the multilateral agreement on government procurement so that European firms have the same market access as Chinese firms. The Chinese authorities should also do more to protect intellectual property, so as to encourage, not discourage, European investors. It is regrettable that in 2010, 85% of all goods seized at the EU’s external borders for infringing intellectual rights originated in China. I must, however, point out that, whilst supporting the report as a whole, I do not support full reciprocity in trade relations with major emerging economies such as China."@en1
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