Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-11-17-Speech-3-197"

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"Mr President, I am concerned about the attitude which is in danger of developing in the EU where free trade is concerned. Attacks against the World Trade Organisation are significant, and the trade disputes we are experiencing and being drawn into are alarming. To be one-sidedly passionate about one’s own region’s traditions and characteristic ways of doing things by imposing restrictions in the context of trade policy is to risk removing the basis for trade and development and for the dissemination of knowledge, culture and prosperity. In the longer term, it can also lead to suspicion, stagnation and conflicts. When it comes to the Schwaiger report, which our excellent rapporteur has worked very thoroughly on, many Members of the European Parliament have devoted energy to tackling all the problems and disturbing elements which free trade is alleged to give rise to. I would therefore emphasise the contributions of free trade to reducing poverty and encouraging growth and the processes of democratisation. The power for development entailed in free trade and competition is something we cannot turn our backs on in the era of globalisation. The overriding task of the EU’s representatives in Seattle must therefore be that of continuing with the liberalisation of world trade. The new industries have relied upon the sets of regulations offered by the World Trade Organisation. In this way, they have been able to create prosperity in a very much better way than they would have done by means of endless subsidies from the rich man’s table. Protectionist measures would now prevent imports from these developing countries and limit the latter’s opportunities to contribute to the international division of labour. A policy of protecting markets therefore leads to a deterioration in working conditions in the poorer countries and runs counter to the kind of development we want to promote, that is to say improved living conditions achieved through growth and free trade."@en1

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