2 Amendments of Helmut SCHOLZ related to 2010/2087(INI)
Amendment 1 #
Draft opinion
Paragraph 1
Paragraph 1
1. Recognises that the financial crisis has hit the Black Sea region hard, sharply halting a period of growth averaging 6% per annum as well as the inflow of foreign capital necessary for the further economic development of Black Sea States, and has put the region’s financial system under extreme stress; emphasises that this needs to be addressed by strengthening financial and banking regulations and monitoring the enforcement thereof, improving fiscal credibility and transparency, intensifying regional cooperation and enhancing coordination among regional organisations such as the Black Sea Economic Cooperation (BSEC);
Amendment 17 #
Draft opinion
Paragraph 5
Paragraph 5
5. Emphasises that the increased number of WTO member states in the region, where all but two states are now members, positively contributes to the establishment of a predictable and stable trade regime; recommends that the Black Sea countries continue the adjustment of national legislation to WTO rules and multilateral trade principles, including EU trade-related acquis; invites them to step up the gradual elimination of trade barriers with the aim of further trade liberalisation, including simplification of customs procedures and tax regimes; considers that enhanced cooperation at parliamentary level, both bilaterally and with the Parliamentary Assembly of the BSEC, PABSEC and the Parliamentary Conference on the WTO, would further benefit the process.