European Parliament
Luís Paulo Alves  (S&D ),
in writing.
(PT)
I am voting for this report because I believe that, since Russia became a World Trade Organisation (WTO) member last December, the EU has lost the right to apply quotas to imports of steel and such products from Russia. This regulation adopts European Union legislation according to Russia’s WTO accession. The European Commission estimates that this regulation represents approximately EUR 107 million per year in exports and that the EU steel sector will become more competitive due to reduced export duties. As such, implementing this legislation will bring economic opportunities to European producers, which is essential at a time of crisis and particularly in a market that is geographically close to us.

