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<title> Europe&#146;s interest in the continued economic development of Russia </title>
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  <p><b><span style="font-family: Verdana">Europe&#146;s interest 
  in the continued economic development of Russia</span></b></p>
  <p><b><span lang="FR" style="font-family:Verdana">Doc. 10343</span></b><span lang="FR" style="font-family:Verdana"><br>
  19 October 
  2004</span></p>
  <p><b><span style="font-family: Verdana">Motion for a 
  resolution<br>
  </span></b><span style="font-family: Verdana">presented by Mr Sasi and others</span></p>
  <p align="center">
  <span lang="EN-US" style="font-family: Verdana; font-style: italic">This 
  motion has not been discussed in the Assembly and commits only the members who 
  have signed it</span></p>
  
  </font>
  </span>
  
<hr size="1">
    <span lang="EN-GB">
  
  <p style="text-align:justify;text-justify:inter-ideograph">
  <span style="font-family: Verdana">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Europe has a vital interest in the 
  continued economic development of Russia.&nbsp; The country&#146;s economy has grown by 
  over 7% annually in recent years, raising the prospect of greater prosperity 
  for ever wider parts of the population and giving rise to more 
  wealth&#150;producing trade with neighbouring and other countries.</span></p>
  <p style="text-align:justify;text-justify:inter-ideograph">
  <span style="font-family: Verdana">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Obstacles to further rapid growth 
  remain, however, in the form of an insufficiently diversified economy which is 
  still inordinately geared towards raw materials such as oil and gas and 
  semi-finished products; an incomplete development of the services sector; and 
  insufficient quality in many products which have yet to meet international 
  norms and standards.</span></p>
  <p style="text-align:justify;text-justify:inter-ideograph">
  <span style="font-family: Verdana">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; It must in this situation be hoped 
  that the economic reform process in Russia can regain new momentum via the 
  enactment of transparent and clear legislation making for predictable 
  conditions in economic life; strong protection of property rights and 
  investment favouring a renewed influx of foreign capital and the reversal of 
  capital flight; harmonisation of domestic rules and standards with those at 
  European and world level; and a determined fight against economic crime.&nbsp; 
  Russia&#146;s membership in the Council of Europe and a proper implementation of 
  the 1997 Russia &#150; EU Partnership and Cooperation Agreement are essential for 
  the realisation of these reforms. The same holds for Russia&#146;s membership in 
  the World Trade Organisation, where every effort must be made to ensure that 
  it can take place as soon as possible.</span></p>
  <p><i><span lang="EN-US" style="font-family: Verdana">Signed
  </span></i><sup><a href="#_ftn1" name="_ftnref1" title>
  <span class="MsoFootnoteReference"><i>
  <span lang="FR" style="font-family: Verdana"><![if !supportFootnotes]><b>
  <span lang="FR" style="font-size: 10.0pt; font-family: Verdana">[1]</span></b><![endif]></span></i></span></a></sup><i><span lang="EN-US" style="font-family: Verdana">:<br>
  </span></i><span style="font-family: Verdana">SASI Kimmo, Finland, SOC<br>
  BRAUN Marton, Hungary, EPP/CD<br>
  CREMA Giovanni, Italy, SOC<br>
  ELO Mikko, Finland, SOC<br>
  H�GMARK Anders, Sweden, EPP/CD<br>
  HOOPER, United Kingdom, EDG<br>
  JONAS Klaus-Werner, Germany, SOC<br>
  MIHKELSON Marko, Estonia, EPP/CD<br>
  MIMICA Neven, Croatia, SOC<br>
  �HMAN Conny, Sweden, SOC<br>
  OLIN Kalevi, Finland, SOC<br>
  PIROZHNIKOVA Liudmila, Russia, EDG<br>
  SCHREINER Bernard, France, EPP/CD<br>
  SZALAY Gabor, Hungary, LDR<br>
  </span><span lang="FR" style="font-family: Verdana">VADAI Agnes, Hungary, SOC</span></p>
  
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      <p align="justify" style="margin-right: 6px">
      <a href="#_ftnref1" name="_ftn1" title>
      <span lang="EN-GB"><font face="Verdana" size="1">[1]</font></span></a></td>
      <td width="30" valign="top">
        <p style="margin-right: 6px" align="justify">
        <font size="1" face="Verdana">SOC<br>
        EPP<br>
        EDG<br>
        LDR<br>
        UEL<br>
        NR</td>
      <td width="387" valign="top">
        <p align="justify">
        <font face="Verdana" size="1">
        <span lang="EN-GB">Socialist Group<br>
        Group of the European People&#146;s Party<br>
        European Democratic Group<br>
        <span style="letter-spacing:-.1pt">Liberal, Democratic and Reformers&#146; 
        Group<br>
        Group of the Unified European Left<br>
        Not registered in a group</span></span></p>
      </td>
    </tr>
  </table>
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