Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-04-25-Speech-4-047"
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"en.20020425.3.4-047"2
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"Madam President, I should like to start by congratulating the rapporteur on his work. In particular, I welcome the Community’s undertaking to fully cancel the debts of the highly indebted and least developed countries linked to special loans. Of course, these are only the first steps in what will, of necessity, be a long, major process. Indeed, genuine debt cancellation is now truly the only possible way to give many of the developing countries the chance to find a way out of the spiral of debt, out of what is known as the debt trap, to give these countries the hope of being able to compete on a global market and the practical opportunity to do so, and to give their people a future in which they can genuinely combat poverty, hunger and illness on a practical level.
Of course, we must demand a commitment from these countries that they will respect human rights, abandon war as a means of resolving disputes and use the funds released by debt cancellation for responsible, monitored poverty reduction programmes, while guaranteeing wider democratic involvement of civil society. It is therefore worth specifying that the debt cancellation or alleviation measures must not be seen as an excuse to reduce development aid: quite the opposite, development aid does need to be monitored but it must certainly be increased and encouraged.
We must not forget that Europe has a responsibility to provide essential support to the poorest countries of the developing world through a long-term undertaking to help these countries and support them during a process of far-reaching change and economic and social development, in addition to cancelling the debt. The success of the fight against terrorism, illegal immigration and the trafficking and exploitation of human beings is also dependent on the poorest and most heavily indebted countries and communities achieving a future of peace, progress and economic and social justice."@en1
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