Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-09-29-Speech-4-045"
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"en.20050929.5.4-045"2
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".
Mr President, there is no question that this is a fundamental problem.
On the one hand, it is because of the different production conditions, and hence prices, that international trade exists, but, on the other hand, completely free trade between economies operating with very different labour costs, as in the case of China and the European Union, involves several elements that distort the rules regulating competition.
What must we say in these circumstances? Firstly, as consumers of Chinese products, we in the European Union have a greater responsibility, since we are China’s main trading partner, above even the United States.
Secondly, China’s development and its opening up to the world is good news that we must celebrate. Thirdly, however, that that opening up must be conducted within a framework of respect for certain minimum and common rules, which guarantee clean and fair commercial relations, and also that the benefits of that opening up and trade should be enjoyed by the weakest parts of the production system, that is to say, the workers, while at the same time guaranteeing respect for international environmental rules.
The key is therefore not to promote free trade, but rather to promote fair trade. This means establishing new rules in the trade between countries, which includes quotas based not on price but on production conditions, the establishment of traceability rules in order to guarantee respect for those conditions and, above all, regulation of the practices of large multinational companies, which are increasingly mobile and often indulge in a ‘race to the bottom’, seeking to produce in places with the fewest social, employment and environmental requirements."@en1
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