Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-329-312"

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"en.20121025.26.4-329-312"2
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". My colleagues and I voted in favour of starting free trade negotiations with Japan. Increased trade with that country, which is one of the world’s most significant trading blocs, could bring significant benefits in terms of growth and jobs. However, the European Union must show firmness and suspend negotiations if Japan refuses to lift obstacles in the key sectors, particularly concerning the automotive industry or the embargo on European beef, in force since the BSE crisis. Reciprocity must be the watchword. A binding clause was, moreover, added by the rapporteur, Mr Kazak, in order to assess progress in the discussions over one year. Adoption of this text is important from a commercial viewpoint, given the economic weight of our Japanese partner. In 2011 Japan’s trade surplus with the European Union was EUR 18.5 billion, out of a total EUR 116.4 billion of trade, and there is scope for it to increase significantly. By way of comparison, trade between the EU and the United States amounted to EUR 444.7 billion in the same year."@en1

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