Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-19-Speech-1-053"
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"en.20080519.19.1-053"2
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"Thank you for the opportunity to speak, Mr President. Ladies and gentlemen, the forthcoming Russia-European Union summit in Siberia may open up new opportunities. One potentially important outcome of the meeting will be the bilateral treaty, which could define relations between the two parties in the long term. Energy issues must be given a key place in this agreement, while at the same time keeping sight of the principle of reciprocity.
A major prerequisite for building reciprocity is ratification of the Energy Charter Treaty by Russia. This treaty creates transparent relationships in the energy market, contributes to security of supply, and stimulates investment. All of these are issues of vital importance for Russia too. After all, if capital investment in development is neglected, Russia could find itself suddenly unable to meet its commitments. Ratification of the Energy Charter Treaty by the Kremlin is therefore in both parties’ interests.
The success of the forthcoming summit will depend on whether the Member States are able to step out of the shadow of short-term considerations and speak with one voice in order to protect the common interest. Thank you very much, Mr President."@en1
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