Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-234-750"
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"en.20120510.69.4-234-750"2
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"On 1 December 1997, the partnership and cooperation agreement (PCA) establishing a partnership between the European Communities and their Member States, on the one part, and Russia, on the other part, entered into force, leading to the establishment of the Agreement on trade in certain steel products from the Russian Federation, pursuant to Council Regulation (EC) No 1342/2007. This report, by Mr Sturdy, concerns a new proposal for a regulation of the European Parliament and of the Council repealing the aforementioned regulation on administering certain restrictions on imports of certain steel products from the Russian Federation. Although the Russian Federation’s steel exports to the EU are significant, representing 24% of all imports of steel products, the PCA provided that the agreement would have to be repealed and the quota scrapped if Russia ever joined the World Trade Organisation (WTO). Therefore, notwithstanding the interest in strengthening EU-Russia trade relations, I agree with the rapporteur that ‘the WTO remains the best guarantor of a rules-based multilateral trading system’, so I voted in favour."@en1
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