Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-14-Speech-1-975"
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"en.20090914.26.1-975"2
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"The free trade agreement (FTA) between the European Union and South Korea, which should be concluded by mid-October, raises a number of concerns among European industries. Regarded by the European Trade Commissioner as the most ambitious ever negotiated by the EU, this agreement seemed to car manufacturers, in particular, to be very unbalanced. These manufacturers fear a massive influx of Korean vehicles on the European market as a consequence of the tariff preferences granted by the European Commission. There is no doubt that maintaining certain customs clauses such as duty drawback would be unfair and would create a distortion of competition that would be very harmful to the European car industry. This is all the more true given that the European Union’s generosity does not seem to have been paid back with a lowering of the non-tariff barriers put up by the Korean authorities (import quotas on European petrol engine vehicles). The Commission therefore has a duty, from today, to review the terms of this agreement so as to restore the conditions of fair and equitable competition and to ensure the long-term survival of our industry and our jobs in Europe."@en1
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