Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-139-000"
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"en.20110217.18.4-139-000"2
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"On 23 April 2007, the Council authorised the Commission to open negotiations with the Republic of Korea with a view to concluding an EU-Korea Free Trade Agreement. The agreement incorporates a bilateral safeguard clause that provides for the possibility of re-imposing the most-favoured-nation (MFN) rate when, as a result of trade liberalisation, imports increase to such an extent and take place under such conditions as to cause, or threaten to cause, serious injury to the EU industry producing a similar or directly competing product. For such measures to become operational, the safeguard clause must be incorporated into EU law, not least because the procedural aspects of the imposition of safeguard measures, as well as the rights of interested parties, need to be specified. The proposal for a regulation of the European Parliament and of the Council that is before us constitutes the legal instrument required for implementation of the safeguard clause in the EU-Korea Free Trade Agreement. I would stress that legislative work on this regulation should be confined to issues relating to its implementation, without unilaterally altering fundamental provisions of the agreement and adopting measures that go against its spirit. For instance, no changes should be made to the type of safeguard measures applicable, to the length of time for which they may apply or to the period during which the safeguard clause may be brought to bear."@en1
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