Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-06-14-Speech-3-235"
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"en.20000614.9.3-235"2
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"Mr President, representatives of the Commission and the Council, the volume of world trade has soared in recent decades. Despite the giant leaps forward, many problems remain unresolved and questions left open with regard to world trade. One of the biggest and politically most difficult of these has been China’s accession to the WTO, and this same problem will again be associated with the implementation of the agreement in practice. As this is a matter of the world’s second largest economy and eleventh largest exporting country joining the most important institutional system for world trade, the importance of the issue cannot be emphasised too heavily. I agree with Mr Clegg as regards the impression one gets that the Commission and the Council have perhaps been rather too keen in this matter to refer to the Treaty of Amsterdam and hide behind formal requirements. I am, however, very satisfied that the Commission is in agreement with us that talks with China concerning its membership of the WTO are a matter that Parliament cannot pass over and that we will have this issue heard in this Chamber. The fact that the talks on accession will not lead to changing the legal framework does not lessen the importance of the issue. For that reason, an informal dialogue free from the exact wording of the basic agreement, which the Commissioner mentioned in his speech, is more crucial than ever before.
It is in the interests of the European Union as a whole to support China in the reform of its economy, administration and legal system. It is sensible to implement the technical assistance package from the EU and the United States in a context of collaboration; this is necessary to guarantee the speedy and single-minded implementation of the reforms. Of the reforms in the public sector, that concerning state-owned companies is vital for continued economic growth in China. In this connection I will make my sole comment regarding content: the percentage of ownership by foreign companies was not fixed at the level the EU was aiming at. That was a very bad mistake. Another important political question is how the economic life of the country is to be reformed, as that is closely linked with the fate of China’s socialist system as a whole."@en1
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