Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-190-000"
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"en.20110217.18.4-190-000"2
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"I would like to add some comments in respect of my own position regarding the process for drafting the Free Trade Agreement (FTA) between the EU and the Republic of Korea, and the accompanying fears and expectations of the industries affected and other parties. This dramatically changes the long-standing trade rules between the EU and Korea. Only in the long term will it be possible to make a realistic assessment of the impact of the agreement. It is only the findings and calculations made over a longer period of time that will reveal the economic situation of the two parties, the bilateral improvement in the trade balance, or the contribution made to improvements in the social situation.
The total volume and range of mutually-traded products must be monitored and assessed closely and in a coordinated manner, together with their certified quality and verifiable place of origin. Any direct application of the previously-mentioned safeguard mechanisms based on the bilateral safeguard clauses of the EU-South Korea FTA would be a very sensitive matter, and the result could contrast sharply with the euphoria surrounding the adoption of this agreement."@en1
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