Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-926"

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"en.20100907.24.2-926"2
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"Parliament has approved the amendments to the safeguard clause to be included in the free trade agreement with South Korea. However, this is just the first vote: the final vote has been postponed until the part-session of 18-21 October so as to leave ourselves scope for reaching agreement with the Council at first reading. All of the European Commission’s impact assessments have shown that the trade benefits will be greater for South Korea than for the EU. The least the Commission could do is to provide us with a credible safeguard clause. We do feel that our demand for regional safeguard measures is legitimate, as the impact of opening the EU market to South Korean products may vary considerably from one Member State to the next. It is far easier to predict the impact of European exports in a country with 50 million inhabitants (as opposed to 500 million). It is also vital that Parliament and the relevant industrial sectors have the right to initiate an investigation for safeguard purposes, and that Parliament has a greater say in approving or rejecting safeguard measures."@en1

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