Translation of "valeur de l'échange " (French → English) :

33. Underlines the important benefits of the Customs Union (CU) between the EU and Turkey; recalls that, since the start of the CU in 1996, the value of bilateral trade between Turkey and the EU has increased more than fourfold, with a parallel significant rise in foreign direct investment from the EU to Turkey and deeper integration between Turkish and European firms for the benefit of both sides; stresses in this connection, however, that any increase in the positive impact of the CU is closely linked to compliance with its rules and requirements, and is therefore greatly concerned by the growing problems for European companies tradi ...[+++]ng with Turkey; points to the recent evaluation of the CU by the World Bank, which stresses the need to introduce a number of reforms to maintain an environment conducive to close economic cooperation, including in the future; points, in particular, to the need (i) to extend the scope of the CU to agricultural products, services and public procurement, (ii) to create favourable conditions for continued growth in trade, including the facilitation of visas for business travellers, and (iii) for consultations between the EU and Turkey on the impact on Turkey of Free Trade Agreements signed by the EU with third countries to be intensively pursued;

32. Underlines the important benefits of the Customs Union (CU) between the EU and Turkey; recalls that, since the start of the CU in 1996, the value of bilateral trade between Turkey and the EU has increased more than fourfold, with a parallel significant rise in foreign direct investment from the EU to Turkey and deeper integration between Turkish and European firms for the benefit of both sides; points to the recent evaluation of the CU by the World Bank, which stresses the need to introduce a number of reforms to maintain an environment conducive to close economic cooperation, including in the future; points, in particular, to the ...[+++] need to (i) extend the scope of the CU to agricultural products, services and public procurement, (ii) create favourable conditions for continued growth in trade, including the facilitation of visas for business travellers, and (iii) introduce closer consultation and information-sharing mechanisms between the EU and Turkey on the impact on Turkey of Free Trade Agreements signed by the EU with third countries, including the Transatlantic Trade and Investment Partnership (TTIP) agreement with the USA;

Corrupt practices, transfer mispricing activities and illicit financial flows are difficult to discover and supervise.

D. whereas the major forms of illicit financial flows and capital flight especially include: transfer mispricing between countries to attract FDI, round-tripping, double-dipping, bulk cash movements, opaque and disadvantageous investment protocols and smuggling,

D. whereas the major forms of illicit financial flows and capital flight especially include: transfer mispricing between countries to attract FDI, round-tripping, double-dipping, bulk cash movements, opaque and disadvantageous investment protocols and smuggling,

3. For defining thresholds below which parties are exempted from providing any Intrastat information, Member States shall ensure that information referred to in Article 9(1), first subparagraph, points (a) to (f), made available by the parties responsible for providing information, is such that at least 97 % of the relevant Member State's total trade expressed in value is covered.