Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-330-937"
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"en.20120523.15.3-330-937"2
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"It was in 1985 that the European Union and China signed the first bilateral cooperation agreement. However, after almost 30 years of partnership, there is still a significant imbalance in trade relations between the EU and China. The list of these disharmonies shows worrying signs: access to Chinese public procurement is limited for foreign enterprises, protection of intellectual property is weak, there are systematic restrictions on the exportation of Chinese rare earths to European industries and, finally, the undervaluation and non-convertibility of the yuan pose a serious problem. Reciprocity, the cornerstone of the agreement, seems no longer, or insufficiently, present in trade relations. European enterprises are currently unable to invest in China under conditions similar to those governing Chinese investors in Europe. My vote in favour of the report by Ms de Sarnez lends support to the proposals made to rebalance EU-Chinese relations. It is also important to provide compliant protection tools and measures to update the terms of this agreement between the EU and China. Finally, we need to address the lack of transparency and reciprocal competition, which sours Sino-European relations today."@en1
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