Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-03-22-Speech-3-212"
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"en.20060322.16.3-212"2
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"Mr President, ladies and gentlemen, the Morgantini report is an important attempt to restrict the damage caused by the EPAs. Do you really believe that a free trade agreement is what is needed to reduce and eliminate hunger and poverty?
Consider Burundi: the theoretical abolition of tariffs, as envisaged by the EPAs, would result in a gain for the European Union of a trade share equal to USD 12.4 million, which Burundi would lose, and that is after having calculated the gain to local consumers. This fact emerges from a study by the Economic Commission for Africa, a UN organisation, which also showed how that continent already has a rather high proportion of wealth owned by foreign residents, higher than any other region in the world: 39%.
The idea that a further expansion of free-market ideas can produce wealth in these areas is also refuted by the data on subsidies. In Nigeria the cheapest meat is German and English and in Senegal 52 000 tonnes of onions exported in 2005 alone from the Netherlands placed farmers in very serious difficulties. The EPAs were originally conceived within the framework of the Cotonou agreement, which enshrines the fight against poverty and the struggle for social development, but they have instead become something which promotes not social development but rather greater poverty."@en1
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