Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-04-21-Speech-3-264"

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"Mr President, the United States, with just 3% of the world's population, is able to produce approximately 30% of the world’s goods and services. China, with six times the population and covering a much larger area, produces just 3%. Russia now ranks below Switzerland in terms of gross domestic product. What I mean to say by this is that the United States clearly enjoys a position of unprecedented political and military hegemony. It is also fair to say, however, that the US has achieved this on its own merits. I believe we must conclude that, if Europe wants to fulfil all its potential, we must do so in loyal cooperation with the United States. This loyal cooperation does not mean that Europe has to issue a blank cheque; Europe has its own positions in relation to the death penalty, the International Criminal Court, the Kyoto Protocol, extra-territorial laws and trade policy. We must also bear in mind that relations between the European Union and the United States are based on common values, on a shared history, and I believe it is important that we do not forget that the trans-Atlantic link is in the European Union’s genetic code and in a shared passion for freedom. Furthermore, I believe it is important not to forget that there is an extraordinary degree of interdependence in the economic and commercial fields. Four-fifths of the new investments made in Europe today come from the United States and we must not forget that the 15 current Member States of the Union invest more in Texas, the home State of President Bush, than Japan invests in all 50 States of the Union. I would therefore like to express my agreement, Mr President, with a fortunate phrase by Commissioner Patten, which I often use in my speeches, which is that everything we want to achieve as Europeans we will be able to achieve much more easily if we cooperate with the United States and I am sure that the United States can achieve what they want if they cooperate with us."@en1

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