Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-05-16-Speech-2-180"

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"Mr President, I am very sorry that Commissioner Patten had to leave. In his absence I am delighted to direct my questions to the Development Commissioner, Mr Nielson. I am delighted to hear of new innovations and reorganisations which the Commission is going to put into place. EuropeAid would be a very important attribute of the European Union as far as our external relations are concerned. It has been extremely embarrassing so far that some of our promises have not been kept. Not keeping promises to the poorest people in the world is not the nicest way to go about – as a rich part of the world – trying to help them. Consolidating the RELEX Commissioners and increasing the management support staff and resources have my fullest support. I am also delighted to hear that they are planning to create a board very much like the World Bank. But I should like to ask Commissioner Nielson if he has thought about something which is very important to this side of the House – the IFC in the World Bank has the ability to help in the private sector with funding. Micro-credits and various other mechanisms are key to helping people to help themselves. Have they considered extending, in EuropeAid, some element of helping people to help themselves through an investment arm where the European Union becomes a partner in venture and enterprise?"@en1
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