Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-05-12-Speech-4-126"
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"en.20050512.14.4-126"2
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"We are in a new cycle of international trade negotiations. It is staggering that we were continuing to negotiate for ever more liberalisation of world trade without ever properly taking stock of this liberalisation in economic and social terms.
The European Union is the only political entity in the world that respects the WTO’s rules. It is the most open market there is, and the least protected against, for example, dumping, unfair practices and counterfeiting. It too often refuses to take the required retaliatory or safeguard measures, as in the case of Chinese textiles.
At the same time as opening our economies to out-and-out competition from around the world, the EU increases the number of regulations that put our companies at a disadvantage in the face of such competition. It also makes scarcely any effort to open up to European exports those markets that are closed to them due to exorbitant customs tariffs or regulatory barriers. The ECB does nothing for the rate of the euro, which is notoriously overvalued, is a drain on our exports and still facilitates low-price imports.
The rapporteur is right. World trade is not fair. With the collusion of the Commission, its main victim in terms of unemployment, an increase in poverty, company closures and the undermining of social stability is, however, Europe."@en1
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