Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-739-000"

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"Madam President, Mr Tajani, thank you very much indeed for your initiative. Raw materials will help to ensure that we have a healthy industrial sector in future and, therefore, it is important for us to conclude bilateral agreements with China and many other countries, and not just in the field of trade policy. For example, we should also be focusing on investment protection agreements, because we can sign long-term contracts in this area which will protect the return on investments in the new mines that we urgently need. In other words, long-term contracts will provide protection for our investments so that the new mines, which will be competing with existing ones, can receive the financial support that they require. In the context of the World Trade Organisation’s (WTO) follow-up conference to the Doha round, we can also investigate the situation of the Singapore issues. We have already put together a good package of measures in Singapore and we need to take this forward, perhaps even in parallel with the current Doha negotiations. We need to find out whether there has been a breach of anti-dumping regulations with regard to the prices which industry in China pays in some cases for raw materials for processing and the surcharges imposed on European industry. Work on clarifying this is already in progress. However, this is not just about rare earth elements (REEs), but also about magnesite, for example, which is the most important raw material for fireproof products and which is essential for the production of steel, glass, cement and other materials. We should be considering possible substitute products which can be used in the future and perhaps establishing our own research programme for these products. I also welcome Mrs Hedegaard’s proposal for a carbon footprint tax, which would allow additional VAT to be charged on products manufactured with high levels of CO emissions that are transported over long distances."@en1
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