Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-194-000"

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"en.20110217.18.4-194-000"2
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"I voted in favour of this motion for a resolution on the Free Trade Agreement between the European Union and its Member States and the Republic of Korea. Firstly, in order to achieve more effective cooperation between the EU and Korea it is important to remove existing trade barriers, which have hitherto isolated the Korean market. The entry into force of this agreement will create favourable conditions for economic growth and the creation of new jobs. A favourable business environment will be created for growing, competitive EU companies to access South Korea, where many new opportunities are opening up for EU trade and services, increasing companies’ volume of trade and reducing export costs. Given the predicted future development of trade between the EU and South Korea, this will save a lot of money collected from customs duties, particularly in the chemical, industrial and pharmaceutical sectors. Furthermore, it will ensure fair competition in the car manufacturing, consumer electronics and textile sectors, where Korea has a comparative advantage over the EU. In addition, liberalising export tariffs will be of great benefit to the agricultural and services sectors. I welcome the fact that the agreement pays significant attention to sustainable development."@en1

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