Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-184-000"
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"en.20121025.26.4-184-000"2
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"Mr President, amidst the current global financial crisis we must not forget that the European Union also has to hold its ground as the circumstances of global economic competition change. Some believe that the 21st century will be Asia’s century, not to mention China’s. Looking at the emerging markets, the countries of the Association of South East Asian Nations – Singapore, Malaysia, Vietnam, Indonesia – will be capable of generating incredible economic output. Under these circumstances we have to do everything we can to ensure that the EU continues to develop its trade links with the region, principally with the countries that already have functioning market economies. One such step is the forthcoming free trade agreement with Japan, which could provide a significant boost to trade based on experience of the similar agreement reached with South Korea, and thus be beneficial for both sides.
We know that dismantling the customs and duties standing in the way of free trade is not the most difficult task, unlike the abolition of non-customs barriers that are vital to achieving genuine free trade. Europe has to pay more attention than ever before to the countries in East Asia, as trade with this region still harbours many opportunities."@en1
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