Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-05-31-Speech-3-158"

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". Madam President, I too should like to take my turn in congratulating Mr Markov on his important report and Commissioner Mandelson on the important speech he made a short while ago. No one can doubt that the development of international trade and the liberalisation of international trade have made a decisive contribution to reducing poverty and mitigating the inequalities between developed and developing countries. However, as Mr Mandelson quite rightly said, this is not a panacea. As the statistics from international organisations show, we need organised liberalisation, the liberalisation of international trade on the basis of rules and regulatory mechanisms. As the recent World Bank study showed, the anarchic liberalisation of international trade has resulted in an increase in poverty and the deconstruction of the productive fabric in the poorest countries of Africa. The same is also happening inside the European Union: there are areas which have been hit by unemployment, deindustrialisation and poverty. The European Union should, in my opinion, contribute to the democratisation and strengthening of the multilateral trade system through the reform of the World Trade Organisation for the benefit of the poorest countries. It should also support with consistency the achievement of the Millennium Development Goals by 2015 and contribute to the successful completion of the Doha Round negotiations within the framework of a balanced and mutually beneficial compromise. Finally, the European Union should continue to implement the important 'Everything but Arms' initiative."@en1

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