Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-144-000"
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"en.20110217.18.4-144-000"2
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This report concerns a proposal for regulation of the European Parliament and the Council, which applies to the bilateral clause of the Free Trade Agreement between the European Union and Korea. This agreement was concluded on 15 October 2009 and includes a safeguard clause guaranteeing the reinstatement of tariffs when imports increase to such an extent as to damage industry in the European Union (EU) which produces competing products. In order for it to be possible to apply this measure, it is necessary for it to be incorporated into EU legislation. I hope that it will be an effective clause, which can be implemented with minimum bureaucracy. I welcome the adoption of this proposal, which introduces increased guarantees for European companies, and I hope that the European Union will receive periodic reports to assess compliance with these safeguard mechanisms."@en1
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