RUSSIAN, EUROPEAN PARLIAMENTARIANS RATIFY PARTNERSHIP AND COOPERATION AGREEMENT

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MOSCOW, May 13 (RIA Novosti) - The protocol on the extension of the partnership and cooperation agreement to the countries, which joined the European Union on May 1, is to be ratified by the Russian and European parliaments simultaneously in mid-October 2004. Chairman of the international committee of the Federation Council Mikhail Margelov announced this on Thursday at the committee's extended session with the ambassadors of the European Commission and Ireland to Russia.

Relevant agreement has been already achieved with Elmar Brok, chairman of the international committee of the European Parliament, Mr. Margelov stressed.

"This protocol is already used de facto and we shall ratify it simultaneously in October," the Russian senator said.

Agreements between Russia and the European Union are closely connected with EU obligation to solve some problems, first of all, the rights of Russian-speaking minority in the Baltic states, the implementation of agreements on the Kaliningrad transit, the Schengen regime and a number of economic issues, he said.

The countries-candidates have already assessed EU standards and the use of anti-dumping proceedings by new EU member-states regarding Russia, Mikhail Margelov noted.

"Russian suppliers will bear financial losses. According to experts, Russia will lose by sanitary standardization 6.5 million euros a year," he said adding that new EU members should fulfill anti-dumping proceedings against Russia.

The use of protective measures by the EU means the loss of 250 million euros a year for Russian suppliers," the senator stressed.

Estonia, Latvia, Lithuania, Cyprus, Malta, Poland, Czechia, Slovakia, Slovenia and Hungary joined the European Union on May 1.

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