Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-11-Speech-3-389-500"

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"en.20110511.28.3-389-500"2
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"I voted in favour of this important resolution on EU-Japan Trade relations. The EU and Japan are significant partners and investors in each other’s economies with a combined volume of Foreign Direct Investment worth EUR 200 billion in 2009. Japan is the EU’s sixth largest trading partner, while the EU is Japan’s third biggest trading partner. I agree with the provision that the time has come to conclude an EU-Japan Free Trade Agreement (FTA), but before beginning negotiations, Japan must make significant commitments on removing non-tariff barriers, which limit market access opportunities for European businesses, in other words, public procurement obstacles, insufficient recognition of international standards with respect to medical devices, and preferential treatment for national champions in financial services. Bilateral trade volumes between the EU and Japan lag behind the bulk of the EU’s trade exchanges with its other main trading partners because of the negative effects of Japanese non-tariff barriers (NTBs). I supported the resolution’s provision that the EU-Japan FTA has the potential to lead to a win-win situation, beneficial for both economies."@en1

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