Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-19-Speech-2-214"

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"en.20070619.37.2-214"2
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". This report reflects the current climate of inter-capitalist contradictions between the major powers of the EU and Russia. The report sets out its approach to intervention in Russia - which goes to show that it is nothing but a guide to neoliberal policy - designed to induce Russia to pander to the interests and ambitions of the major economic and financial groups in the EU. Take, for example, the significant criticism of ‘the bill recently introduced in the Russian Federation, which allows the government to reject foreign bids for majority stakes in Russian companies, thus prohibiting foreign ownership of more than 49% in companies active in 39 strategic industries’. The majority in Parliament ‘questions the bill itself as well as the choice and the growing number of industries that have been classified as strategic and essential to national security’ in Russia. Furthermore, and perhaps because it reveals too much of the real intentions of this report, the following paragraph was removed: ‘considers that this does not represent a move towards improving the investment climate and that this raises fundamental questions regarding the role of the State in a market economy and competition in key sectors of the economy; considers that the ownership situation of companies, in Russia as in other countries, is a matter which can best be determined by the market’. Need one say more?"@en1

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