Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-235-101"
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"en.20120510.69.4-235-101"2
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"I voted in favour of the resolution on the proposal for a regulation of the European Parliament and of the Council repealing Council Regulation (EC) No 1342/2007 on administering certain restrictions on imports of certain steel products from the Russian Federation because, on 16 December 2011, the Russian Federation became a member of the WTO and since, the day of Russia’s accession to the WTO, the EU no longer has the right to apply steel import quotas. With Russia’s accession to the rules-based multilateral trade system of the WTO, the EU can expect to benefit from more liberal access to the Russian market. The European Commission estimates that additional exports will be worth approximately EUR 107 million per year in the iron and steel sector. It also foresees that the competitiveness of the EU steel sector will be increased due to the reduction in the export duties on ferrous scrap from 15% today to 5% within five years from the date of accession, and also due to adjusted gas prices for domestic industrial consumers in Russia."@en1
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