Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-273-001"
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"en.20121026.23.5-273-001"2
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After 18 years of negotiations, Russia has become the 156th member of the World Trade Organisation (WTO). I feel that this membership is an important step for the EU, bearing in mind that the total value of trade in goods between the two countries in 2011 amounted to 308 billion euros. The EU is Russia’s main trading partner, and Russia in turn is the EU’s third main trading partner. With Russia’s entry into the WTO, the trade and mutual exchange activities will be tied to multilateral rules and obligations. I consider this to be an event offering major opportunities to Russian and European businesses, facilitating trade and investment and throwing new light on Russia’s position in the world economy. This partnership will permit a positive influence on access to the goods and services market. For these reasons I voted in favour."@en1
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