Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-03-08-Speech-2-276-500"
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"en.20160308.17.2-276-500"2
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"In the UK, the port industry is thriving. Not only has this led the UK port industry to become the second largest in Europe, but it has also enabled it to operate independently, free of taxpayer subsidies. In fact, 75% of UK ports are privately owned, an industry model that is in stark contrast to the rest of Europe where 80% of ports are run by state or local authorities.
Due to such significant differences, especially differences in competitiveness, for the UK, this regulation poses a significant number of risks. Regulating market access to port services, port charges and financial transparency may have negative implications for UK investment and job creation. The imposition of a regulator on the UK ports industry would also lead to uncertainty and in turn, undermine commercial and investor confidence.
The Commission’s proposal is therefore overly bureaucratic and ill-fit for our UK system of privatised and market-driven ports. Indeed, I, alongside my Conservative colleagues, believe that competition between ports, rather than prescriptive regulation on ports’ internal operations, is the key driving force for efficiency.
It was for these reasons that I voted to reject the Commission’s proposal."@en1
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