Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-04-25-Speech-3-048"

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"Mr President, it is widely known that the European Union and the USA are key players in the global trade policy. As a member of the Committee on International Trade, I would like to say that the understanding between the two partners, as well as a harmonious and functional relationship does not only lead to bilateral positive results. It is conveyed to the general multilateral trading system, affecting the trade balance on a worldwide scale, not in terms of political power, but in terms of economic interdependence. The more we strengthen the trade-political convergence, the more visible the effects of international economic and political cooperation will become. Voices against the multilateral trading system under the WTO, only leave room for the fragmentation of the world trading system and leave no other option but a return to bilateralism. Ladies and gentlemen, would the disciplines of the WTO tolerate a liberated major Euro Atlantic market, which currently takes up 40% of world trade? What would the consequences be for other countries, especially the developing ones?"@en1

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