Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-02-16-Speech-4-187"

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"en.20060216.20.4-187"2
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". Mr President, I would simply like once again to thank the rapporteur and the members of the committees who have been involved in the drawing up of this report, which, as I said in my initial speech, seems to me to be extremely useful. I would emphasise the importance of the discussion that is taking place and that, it is hoped, will end at the Fund’s Assembly in Singapore, in September, with a new distribution of quotas which, in turn, will be linked to a new distribution of voting rights and hence to the governance of the Fund, which is something that can be improved. I believe that it is important for the European voice to cooperate in establishing a clear approach to improving the governance of the Fund and the representation of the different States in the Fund’s governing institutions, in accordance with fair criteria. I would emphasise the importance — and I believe that the huge majority of you will agree with me — of greater coordination of the countries of the European Union in terms of the positions taken by the European Member States in the Fund. If we want the coordination of economic policies to progress, if we want there to be greater integration amongst the different Member States in the internal market and in the Economic and Monetary Union and if we want Europe’s external influence also to have an economic dimension, it is important that the European Union’s external economic dimension is also reflected in the deliberations and discussions of the Monetary Fund. I believe that the European Parliament’s role with regard to the Monetary Fund will progress as we move forward with the coordination of the European voice in the Fund’s institutions, until eventually — I am convinced that we will get there, though not in the short term — we have a single voice and single representation for the countries of the European single currency in the Monetary Fund. This will not happen today, or tomorrow, but it is a direction that I believe to be both inevitable and desirable. I shall add finally that reference has been made — and I share this concern — to the need for the Monetary Fund to act in coordination with the strategies also set out in other fields by multilateral organisations and, in particular, by the organisations of the United Nations system. I believe that we must be pleased that the Monetary Fund is involved in and committed to the achievement of the Millennium Goals. Achieving these is one of the international community’s fundamental objectives. I believe that the Fund’s involvement and commitment, which would perhaps have been difficult to imagine fifteen years ago, are today a reality."@en1

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