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XL - Eiropas Parlaments - Europa

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16-02-2011 129<br />

The world is watching as Europe leads the way in improving trade and economic relations, with partners in every corner of<br />

the world looking at it. I have always said that trade is the real means of development. By removing barriers to trade and<br />

building new bridges we create new opportunities. This particular FTA offers a new approach. Complementary, of course,<br />

to Doha, it will drive Europe’s recovery and growth and the European Parliament will be instrumental in determining the<br />

future of global trade policy.<br />

At this stage I would like to thank Ignacio from the Commission. One of the economists said, Ignacio, that this is probably<br />

the best trade agreement that both parties could ever have agreed. I urge all groups to put aside protectionism and support<br />

this agreement.<br />

3-558<br />

Karel De Gucht, Member of the Commission. − Mr President, I wish to thank the honourable Members for all the efforts<br />

which Parliament in general, and the Committee on International Trade (INTA) in particular, has put into securing prompt<br />

assessment – and, I hope, ratification – of the EU-Korea Free Trade Agreement (FTA). This will permit its entry into<br />

force.<br />

This complex task comprised two major processes: finalisation of negotiations on the Korea Safeguard Regulation,<br />

implementing the bilateral safeguard clause of the EU-Korea FTA, and the preparation of consent to this treaty.<br />

I welcome the first-reading agreement between the Council and Parliament on the Safeguard Regulation. The work that<br />

was done has not only secured legislation which will provide necessary protection for EU industry, but it has also<br />

confirmed the joint commitment of Parliament, the Council and the Commission to efficient law making. This was also the<br />

first trade dossier on which Parliament acted as co-legislator under the Lisbon Treaty. The outcome of its involvement is<br />

indeed impressive.<br />

I will not repeat the list of benefits which the EU-Korea FTA is expected to bring to the EU economy: we have thoroughly<br />

debated them here in the past, and Mr Sturdy has just summed them up. Let me instead open a brief parenthesis to place<br />

the agreement with Korea in the wider perspective of the future of EU trade policy, as sketched out by the Commission in<br />

its communication of 9 November 2010, and to recap the basic tenets of our policy line.<br />

First of all, we continue to favour the multilateral channel of the WTO as the first-best way to liberalise trade and lay down<br />

the rules to govern global commerce. Despite the setbacks and the deadlock since mid-2008, we continue to push actively<br />

for the conclusion of the Doha development round, 10 years now after its inception. It is still well worth clinching a deal,<br />

both for the economic gains and in the interests of furthering the WTO. That is why I took the initiative of bringing<br />

together in Davos the trade ministers of the world’s seven most important trading countries to discuss, in concrete terms,<br />

how we can now proceed and enter the end-game, following the impetus given by the G20 in Seoul. I believe our meeting<br />

was a success, and senior officials are now working intensively in an attempt to stage a political breakthrough in the<br />

summer.<br />

However, as we said back in November, the bilateral and the multilateral are not enemies. Indeed, it may well be the case<br />

that liberalisation fuels liberalisation. We have pursued bilateral trade deals that generate genuine value added compared<br />

with what can be achieved through the WTO, and we will keep on doing so because the pace of multilateral progress is<br />

unavoidably slow. This has been, and is, our fundamental motivation for pursuing the FTA with Korea.<br />

I will reiterate today the Commission’s commitments to the European Parliament, which it made in relation to the<br />

implementation of the Korea Safeguard Regulation and the EU-Korea FTA.<br />

As provided for in the Safeguard Regulation, ‘the Commission will present a yearly report to the European Parliament and<br />

Council on the implementation of the EU-Korea FTA and will be ready to discuss with the INTA Committee any issues<br />

arising from the implementation of the Agreement.<br />

‘The Commission will closely monitor the implementation by Korea of its commitments on regulatory issues, including in<br />

particular the commitments relating to technical regulations in the car sector. The monitoring shall include all aspects of<br />

non-tariff barriers and its results shall be documented and reported to the European Parliament and the Council.<br />

‘Particular importance will be attached to the effective implementation of commitments on labour and environment of<br />

Chapter 13: Trade and Sustainable Development of the FTA. In this connection, the Commission will seek the advice of<br />

the Domestic Advisory Group, which will include representatives of business organisations, trade unions and nongovernmental<br />

organisations. The implementation of Chapter 13 of the FTA shall be duly documented and reported to the<br />

European Parliament and the Council.<br />

‘The Commission also agrees on the importance of providing effective protection in the case of sudden surges of imports<br />

in sensitive sectors, including small cars. Monitoring of sensitive sectors shall include cars, textiles and consumer

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