I have seen the red/black/green color coding on imported items in this country as well.
If you have a plug with only 2 round pins, there are a variety of plugs it might be:
Europlug (2 conductors) this is the European equivalent of our 2-prong ungrounded plugs.
France / Belgium (2 pins & a hole)
Schuko (2 pins and two slots on the side) - this is used in most of Europe except Israel, Italy, Switzerland, India, Poland, France, Belgium, the Scandanavian countries (well, Denmark anyway), The UK, Oz and China. I have included a picture of the CEE 7/7 plug which mates with the Schuko outlets and the French / Belgian outlets. In the Schuko outlets the ground is made by spring fingers which contact metal strips in the side of the plug.
IIRC That plug style is only rated at 10 amps, most likely that's what you have.
What I would do:
Change the plug to a 6-15
Change the outlet to match
You will not need the neutral (white) wire
Change the fuse / circuit breaker to 15 amp
Most 50 hz motors will run on 60 HZ - but keep in mind it will probably run 20% faster! If it's rated at 1000 rpm it will probably run at 1200 rpm.
