Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-04-Speech-4-151"
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"en.20081204.20.4-151"2
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The Republic of Korea is the fourth largest non-European trade partner of the EU and the EU is the main foreign investor in the Republic of Korea.
This agreement seeks to ensure ‘mutual recognition of competition law between the European Community and South Korea’ as ‘the most efficient way to tackle anticompetitive behaviour’, seeking to minimise ‘the use of trade defence instruments between the two parties’, like those already adopted with the United States (1991), Canada (1999) and Japan (2003).
However, the European Parliament is putting its focus on the consideration that the present agreement should be written ‘in the context of the overall framework of existing agreements between the European Community and the Republic of Korea and those currently under negotiation, in particular the negotiations concerning a potential free trade agreement’, namely, and as the rapporteur underlines, taking into account ‘the problems that have been encountered by other bilateral and interregional trade negotiations’.
In other words, the European Parliament is advocating ‘increased market access’, with catastrophic consequences for industry and jobs in, for example, the naval construction and repair sector in Portugal and its almost total destruction.
That is why we are voting against."@en1
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