Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-11-Speech-3-385-000"

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"en.20110511.28.3-385-000"2
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"We are strongly against the EU-India Free Trade Agreement because, even though that country is making progress in worker protection and health and in the fight against counterfeiting, we have to bear in mind that it is still an unfair competitor towards our businesses. For example, when India received a complaint from the World Trade Organisation about the 500% tariffs that it was applying to European wines, it got round it unfairly by having the individual Indian states impose the same tariffs. We must also bear in mind the negative economic impact that further liberalisation of trade with India would have, since the EU exports 1.9% of its services to India, whereas India exports 11.6% of its services to us. That clearly means it would help India 10 times more than it would Europe."@en1

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