Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-273-948"

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"en.20121026.23.5-273-948"2
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". The European Union is a strategic trade partner of Russia, ranking as its first and still growing source of imports, its main export destination and a key investment partner (in terms of inward foreign direct investment), accounting for 47.1 % of Russia’s overall trade. This relationship is still growing and Russia has become the EU’s second source of imports (EUR 158.6 billion) and its fourth export destination (EUR 86.1 billion) (2010 figures) Russia’s accession to the WTO can further facilitate trade flows between the EU and Russia, while stimulating economic growth and job creation on both sides. The new agreement contributes to an enhanced partnership, which fosters sustainable development in their joint neighbourhood. I welcome Russia’s accession to the WTO, as ratified by the Russian State Duma on 10 Jul 2012, and I believe that Russia’s anchoring to the multilateral trading system and its rules represents a further step in improving the bilateral EU-Russia relationship."@en1

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