Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-07-10-Speech-2-462"

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"Mr President, I should like to thank the Commissioner for a very clear and convincing message and I see that we share the same concerns. Ten months ago this Parliament decided that trade relations with China require reciprocal market access, which has to be founded on the WTO rules, fair competition and a reasonable balance of interests. The ‘round’ situation, sadly, does not match those expectations today. We are worried about the increasing trade deficit with China. We are worried about the fact that 70% of all counterfeit products on the European markets originate from China and that EU industries are suffering extensive damage as a result of unfair competition and social dumping. At the same time, many EU exporters are handicapped when trying to enter Chinese markets. Therefore, the EU representatives should insist first of all on providing legal security for foreign companies in China. I agree with the Commissioner that imbalance in the relationship is mainly a product of politics and not economics. The widespread use of slave labour, including children, is an extremely alarming problem that should be addressed at the highest possible level. The recent cases exposed are only the tip of an iceberg. China has now been a member of the WTO for six years but it has not implemented significant WTO commitments, including protection of intellectual property, national treatment and transparency. I still see leverage to create a fair and reciprocal balance of relations in linking firmly China’s request for market economy status with Peking fully meeting its WTO commitments. Lastly, China is to be seen as a sobering example, bearing in mind Russia’s impending WTO membership. As far as we would be hesitant about insisting on reciprocity and meeting commitments, it would be unrealistic to hope that EU support for Russia’s membership will make Mr Putin’s state behave according to the WTO rules."@en1
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