Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-299-000"
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"en.20120704.25.3-299-000"2
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"In view of Russia’s domestic struggle and the need for convergence between the interests of the country’s various economic interest groups, its government is seeking to postpone the future impact of the ‘obligatory’ liberalisation of important sectors of the economy as part of the process of its accession to the World Trade Organisation (WTO). This agreement enables Russia to maintain, by means that are not entirely clear, its sovereignty over setting the export duties currently applied to raw materials.
The report states that this agreement is not enough and needs to go further; the intention is clear. Russia has more than 10% of global production of these raw materials, or more than 10% of global exports. The EU has major import interests, either existing or potential. A binding agreement or the guarantee of a faster liberalisation process could be more beneficial to the EU’s big companies, whose costs for importing products that are often crucial to the industry of many EU countries would thereby be reduced. We advocate the inalienable right of Russia or any other country to exercise sovereignty over their resources, in particular natural resources, and to levy whatever export duties it considers in the country’s best interests, regardless of WTO rules."@en1
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