Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-05-13-Speech-2-213"
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"en.20030513.10.2-213"2
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"It is true that the increase in known reserves of oil in Angola points to a very interesting future for the next years and the question of licensing and who gets what gain from the large potential of oil production in Angola needs to be followed up very carefully. The Commission supports the UK initiative. Others are involved in this too, but the UK has been the leading player here, in regard to declaring what you pay and creating more transparency about revenue in industries such as oil. It is absolutely necessary to discuss this with Angola. I have raised this matter myself in very clear terms.
I agree that the elections are the big test. That is where we also have to invest in terms of capacity-building and strengthening the system."@en1
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