Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-07-04-Speech-2-349"

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"en.20060704.32.2-349"2
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"Mr President, when we debate European industry there may be cause to ask the question, ‘where are our leading industries today?’ They are in those areas where we have opened up to a global economy. Europe’s very strongest industry is to be found in those areas and in those companies that are active throughout the world. In other words, I believe that there is reason to emphasise what has been said in the debate in this House today, namely that the European economy is more dependent than other parts of the world on the global economy. Without the global economy Europe would not have the manufacturing industry that we have today. It is against this background that I would like to state that there are three important points to make when we debate the future of European industry. The first point is that competition is the best basis for innovation and for new industrial structures. When we look back, it is indisputable that it is through being open to enterprising spirit and to entrepreneurs that Europe has seen its biggest and strongest industries rise and prosper. Secondly, it is important for us to ensure that we open the way for the next generation of companies, be they in the manufacturing industry or the services industry, which will in any case come together in the future. This says a great deal about what we have to do before the various free trade negotiations and the WTO negotiations. We must not pursue a policy that involves us protecting old-established industry, which will not provide the new jobs of the future. We must instead open the way for European companies to be active throughout the world. This means, in particular, in the global economy, where we will see a billion and then further billions of people develop into heavyweight consumers. If Europe and European industry do not have full access to the market developing there then we will not be able to have the leading industry in the world. We would then be condemning ourselves to the fate of becoming a regional economy. We thus need an openness that ensures that Europe can be a world-beating economy."@en1
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