Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-06-Speech-3-272-500"

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"en.20110406.29.3-272-500"2
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"With this report, the European Parliament is approving the creation of a standard dispute settlement mechanism which should provide streamlined and effective redress procedures within firm time limits in disputes resulting from Euro-Mediterranean agreements between the EU and the Arab Republic of Egypt. Dispute resolution through diplomacy was not effective and led to situations in which certain disputes remained unresolved, as they could easily be blocked by the ‘injuring’ party. Delays that occur in dispute resolution have a negative impact on companies and end consumers on both sides of the Mediterranean. These upgrades to the Euro-Mediterranean free trade agreements can contribute to economic and political stability in this key region, with a view to consolidating a single area of peace, development, justice, equality, freedom, plurality, democracy and respect. The model for the proposed mechanism is the dispute resolution mechanisms included in the latest agreements concluded by the EU and the World Trade Organisation’s Understanding on Rules and Procedures governing the Settlement of Disputes. The Commission must ensure that the mechanism is effectively and efficiently implemented. For the above reasons, I voted in favour of this resolution approving the conclusion of the agreement."@en1

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