Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-582-875"
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"en.20121023.45.2-582-875"2
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"The US is the EU’s main trading partner, with the two economies together accounting for about half of the global economic output. Despite transatlantic flows of trade and investment being quite considerable, the potential of the EU-US relationship is far from being fully exploited. I support this report by Vital Moreira because I consider that there is huge potential for the two economies to intensify their trade relations: they both share common values, similar legal systems and very similar labour, energy and market standards, based on which fruitful agreements and synergies can be developed. While the specific interests and sensitivities of both partners must be safeguarded (such as European policies and guidelines on the environment, hygiene and animal welfare, food safety, cultural diversity, social rights, etc.), there are many areas where intensifying relations would be a win-win deal, in particular regarding the removal of trade barriers, the introduction of measures to ensure better market access, the protection of intellectual property rights, the opening up of public procurement markets, and the clarification, simplification and harmonisation of rules of origin. Given the increasing importance of
commerce, in my opinion it is also essential to intensify relations with regard to the data protection standards that are crucial in protecting customers both in the EU and the US."@en1
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