Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-05-Speech-4-167"

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"− Since 2006, the EU has been China’s leading trading partner, and since 2007, China has been Europe’s second largest trading partner. China currently accounts for 6% of world trade. The PRC has made great strides since the report that I had the honour of presenting in this House in 2002. It appears, however, that many of the aspects that needed to be remedied at the time still persist, even though, in some respects, they have been resolved by remarkable advances. In terms of social and environmental impact, there is a clear lack of preparation by Chinese industry, and this requires greater European incentive. China and the EU have been negotiating a Partnership and Cooperation Agreement since October 2007, with results that have yet to be seen. In view of European support for many aspects of international trade, China should not breach commitments undertaken within the WTO. Obstacles have been introduced in the form of rules and regulations, which restrict access by European companies in strategic sectors. In November, the PRC declared its intention to abandon the system in place since 2007 of dual control of textile and footwear imports. The available statistics do not facilitate a discussion, but we may be facing a trade controversy."@en1

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