Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-01-13-Speech-2-067"
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"en.20040113.4.2-067"2
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"Mr President, it is common knowledge that the most recent ministerial conference, in Cancún, sadly ended in failure. It is good, therefore, that the European Commission now wants to take renewed action to get the current negotiations started again. The proposed development round must not fail; it must be brought to a successful conclusion. After all, a great deal is at stake. There is the potential risk of the World Trade Organization and the multilateral trading system becoming completely undermined. Bilateral and regional trade agreements are not a viable alternative in an increasingly globalised world, and in a system that has contributed to stable and sustained economic growth for almost 55 years now. Therefore, it is high time that the welcome discussions on the subject matter were complemented with improvements in WTO working methods.
Negotiating and taking decisions by consensus in a forum with 148 members requires procedures that are up-to-date, simple and efficient, but at present that is precisely what the WTO’s procedures are not. It remains my deep-rooted conviction that the WTO is more necessary than ever, because, particularly as far as the European Union is concerned, further liberalisation of world trade and the removal of barriers to trade are the key to increased economic growth and employment."@en1
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