Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-588-875"
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"en.20121023.45.2-588-875"2
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"The EU and the US are each other’s main trading and economic partners, and are deeply integrated through large flows of trade and investment. However, there is a general consensus on both sides of the Atlantic that the relationship between these two blocks could be intensified. In 2009, according to the Commission, the existence of non-tariff barriers to trade translated into losses of EUR 163 billion for both economies, excluding their potential growth in gross domestic product. Consequently, there is huge potential for socioeconomic development and growth, which could come from a trade agreement between these partners. I agree with the rapporteur that this potential trade agreement should involve the total or almost total removal of tariffs, mutual recognition or harmonisation of technical standards, reciprocal rules, opening of the public procurement market, and so on. I regard as welcome all of the proposals and measures that could develop from such an agreement with the US, which represents an economic and historic opportunity for the European Union, with tangible benefits for all its economic operators. For those reasons, I voted in favour of the document."@en1
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