Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-10-Speech-3-693"
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"en.20100210.34.3-693"2
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"Mr President, the free trade agreement with South Korea seems a very good development. An agreement on a free trade area will lead to a significant growth in reciprocal trade. Thanks to the elimination of Korean import duties of around EUR 1.6 billion and EU import duties of around EUR 1.1 billion, there will be a significant liberalisation of trade in important sectors of industry and in services. This concerns mainly telecommunications, environment protection, transport, finance and legal services. In addition, the free trade agreement will contribute to an increase in transparency on the question of intellectual property protection and public procurement. Thanks to the agreement, Korea will also honour EU certificates and quality standards. The agreement is particularly important in the present economic situation, because it will allow for faster development in EU countries. We realise, however (...)."@en1
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