Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-09-04-Speech-2-227"

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"I will be brief. I do not see the relevance of this idea of ex-territoriality. We are talking about major European oil companies and they should be held accountable for their activities. We must not forget that the money and the profits that are being made by these companies are coming back into Europe. Major European companies have to be accountable in how they operate in other parts of the world. If there was binding legislation that major European companies had to adhere to, then you would not have the situation we have at present. This does not just concern major oil companies, it also concerns other European multinationals which ignore their responsibilities for human rights, for the environment and for basic civil liberties. They are making huge profits and we here are benefiting from those profits. We have to address that issue."@en1
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