Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-03-14-Speech-3-329"
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"en.20070314.23.3-329"2
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"Free trade works well if its rules are followed. But this is not always the case. Unfair trade practices and dumping are increasingly being used against the EU and its producers. In several cases of dumping it has been demonstrated that it is the vendors rather than the consumers who profit. There is no reason for the EU to water down the current trade rules. It is unacceptable that we should punish those companies that have remained in Europe, that have retained European jobs, and reward those which moved their production offshore.
We need protection against unfair competition. We should not loosen the rules against unfair trade, but rather enforce them. This is especially true in the case of countries that are not market economies, where for instance the state is using complex and non-transparent means of giving aid to companies that are producing for export. Moreover, China is using its increasing trade revenues not to expand democracy, reduce poverty, protect the environment or reduce CO2 emissions, but rather to purchase armaments. This year, China is increasing its military expenditures by 18%. According to official statistics, this will reach USD 45 billion. Moreover, according to some experts on security policy, the true amount they are spending on armaments will be three times this sum.
Commissioner, there is not much point for us to support China’s military build-up by cutting European jobs."@en1
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