Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-10-12-Speech-4-150"
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"en.20061012.36.4-150"2
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In spite of its denials, the European Union is engaging in more and more bilateral trade negotiations in order to lessen the fallout from the foreseeable failure of the Doha Round of multilateral negotiations. These negotiations, however, have the same flaws as the WTO talks: the concessions made by the European Union to its trading partners are far greater than the partners' concessions to the EU, and European agriculture is being sacrificed with no guarantee that foreign markets will be truly opened to European industrial products or services. Some of the Mercosur countries, in fact, already benefit from the European Union's generalised system of preferences, which gives them duty-free and quota-free access to the European market.
One wonders, moreover, what interest these future trading partners could have in such agreements, since the cost of failure to conclude an agreement would be minimal in relation to the present volume of trade between the two parties.
The main motive behind this agreement seems to be sheer vanity, the desire to gain the distinction of having created the world's first interregional free-trade area, which would soon be extended to the whole American continent. This is yet another example of Brussels' propensity for letting ideological objectives override all other considerations, particularly economic and social considerations."@en1
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