Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-05-22-Speech-2-062"
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"en.20070522.7.2-062"2
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"Mr President, Commissioner, the European Union is today displaying ambitious commitments where development is concerned.
I welcome this because there is an urgent need to help developing countries to reduce poverty, to achieve the Millennium Development Goals and to benefit from sustainable economic growth. Let us therefore hope and pray that these objectives are translated into concrete and effective action.
In this connection, we can only welcome the commitments made to increase aid for trade. I should like to highlight some points that justify the essential nature of this instrument. This instrument meets, firstly, the requirement for consistency, which must guide the EU’s external actions: by interlinking the various areas of its external action, the European Union corresponds to two principles, those of producing better legislation and of increasing the effectiveness of its aid. This instrument also deals with the reality of the multilateral trade system by helping developing countries and the least advanced countries to benefit from the advantages resulting from market access.
Finally, this instrument helps implement trade agreements. One might mention at this point the WTO agreements or the economic partnership agreements. Aid for trade thus helps to make international trade an instrument for reducing poverty through economic development.
Finally, if it is to be effective, aid for trade must meet several urgent needs: it must be accompanied by practical commitments, not least those promoting technical assistance; its implementation must be controlled and monitored and it must strengthen local ownership and results-focused management. This is crucial if aid for trade is to enable developing countries to benefit from the advantages resulting from the multilateral trade system and to provide themselves with the means actually to increase their capacities in the trade arena. Let us therefore call on all the parties involved not to relax their efforts, so that aid for trade is able to keep its promises."@en1
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