Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-07-10-Speech-2-452"
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"en.20070710.60.2-452"2
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"Mr President, Commissioner Mandelson is not only an inspired orator, he is also a tireless negotiator.
Six years after the accession of China to the WTO, we are still waiting for a balance in bilateral trade between the European Union and China. China enjoys fully the benefits of the open markets, without itself complying fully with its obligations under multilateral rules and disciplines.
The Chinese markets are still to a large extent closed and non-transparent. There are high import barriers, which result – according to estimates – in lost profits of EUR 20 billion a year to European businesses.
Protection of intellectual property is inadequate. I need only mention that, in 2006, 80% of imitation goods seized on the borders of Europe were of Chinese origin. The Commission preferred to continue bilateral dialogue with China on intellectual property issues rather than coordinated action between the ΕU and the USA, which activated the WTO dispute settlement mechanism against China.
Dialogue would appear to be the way forward. However, we are awaiting concrete results from this specific dialogue. In any event, dialogue does not preclude the use of other legal means.
In the textile and clothing sector, all means should be used to safeguard the smooth development of European flows when the Shanghai Agreement expires in 2008. As far as footwear of Chinese origin is concerned, the Commission is called on to monitor imports closely, in order to prevent the risk of China’s circumventing the already inadequate trade defence measures adopted by the Union.
China, as a trading policy power constitutes both a threat and an opportunity. What we need to fight against are China’s competitive advantages that derive from prohibitive import barriers, from unfair competition and from economic, ecological and social dumping practices.
The liberalisation of trade, which we enthusiastically support, should be based on reciprocity and accompanied by equivalent institutional counterbalances."@en1
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