Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-11-30-Speech-3-051"
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"en.20051130.10.3-051"2
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"Madam President, much is at stake in Hong Kong, above all for the WTO itself, for another failure will considerably weaken this multilateral body, to whose organising of world trade we owe the flourishing state of bilateral agreements.
The developing countries will also be among the losers, even though the Doha round is meant to be a development round intended to reduce poverty and deprivation in developing countries. If Hong Kong proves to be a fiasco, the end result will be that the poorest developing countries and the small farmers in them will not get the market access that they so desperately need.
Similarly, if the ministerial conference fails, the EU would not derive any benefit from that either. After all, Europe does want market access for its industry and services to be properly regulated.
I would urge Commissioner Mandelson to do everything he can to bring a compromise within reach, but, if this is to happen, the other major trade blocs, including the United States and Brazil, will also need to spring into action. In Hong Kong, all negotiators must show the political will to make progress; after all, a failed trade round only has losers."@en1
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