Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-927"

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"en.20100907.24.2-927"2
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"Free trade agreements allow the signatory countries to benefit from trading a wide variety of products and to build on their relative strengths. I am therefore delighted that the European Union will soon be signing a free trade agreement with South Korea. We do, however, always need to be extremely vigilant with regard to the terms of proposed trade agreements. In this case, we need to avoid rapid changes which could potentially destabilise trade flows. Hence the need for safeguard clauses, not least to protect our automobile industry. In practical terms, I am pleased that the report has been adopted, as it contains a call from MEPs to allow an investigation into an influx of imports to be initiated upon request by a Member State, the European Parliament, the Domestic Advisory Group, a legal person, an association acting on behalf of the Union industry and representing at least 25% of it, or on the Commission’s own initiative. If it appears that European producers are seriously affected by a dramatic increase in imports of a particular product, safeguard measures may then be introduced in the form of protective customs duties."@en1

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