Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-05-23-Speech-3-200"

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"en.20070523.17.3-200"2
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". On the objectives of finally getting the countries of the South out of poverty, we are all agreed – even if the real measures are still not being taken for Black Africa, and by that, I mean the sharing out of water, food, basic medicines and education. As a tool for fighting poverty, international trade is necessary, but inadequate. It may be adequate in the long term but, as Keynes said: ‘in the long term we shall all be dead’. Momentum and innovation are therefore required, not least through the invention of a new customs technology of deductible customs duties in the form of a customs credit offered by importers to exporters, to be deducted upon purchase from the economy of the importing country and equal to the sum of the customs duty to which the credit is charged. For the countries of the South, this customs credit would be subsidised, along the lines of matching credits and sparing credits, which already exist in international taxation. In this way, poor countries would no longer lose the precious revenue from their customs duties."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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