Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-07-Speech-3-084"

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"We too compliment Commissioner Verheugen on his commitment to cooperation between the EU and the United States and to the development and establishment of the Transatlantic Economic Council with the aim of strengthening economic cooperation, of creating one large common market – not only in the interests of the EU and of the United States, but also in order to tackle the problems facing both of us, such as the shaping of globalisation, the regulation of matters needing to be regulated at global level, and sometimes also deregulation where necessary. Commissioner Verheugen is right in saying that political factors play a tremendously important role in this regard, and that the role of the political executive is also important here – which is an issue in itself. It is election year in the United States: a year leading to uncertainty regarding the country’s future direction. We do not know who the new president will be, although I do have a personal preference. The country’s economic development differs from ours. We are still doing reasonably well; in the United States, pessimism has set in. Overdevelopment of the economy, rising unemployment, bitter complaints about high energy prices, for example: all of this leads to a degree of uncertainty, which will of course have an effect on the leading actors in the country. Nevertheless, we need each other so that we can implement a broad agenda, as Commissioner Verheugen has already said. This is not just about the development of a common market; it is also about our commitment to the global problems associated with trade and trade policy and with our relations with the new economic powers known by the acronym BRIC. This is an important aspect. It is also important to consider how we can develop a common trade agenda that also includes social and environmental aspects. The points I have highlighted are some that are very important to my group. I should like to mention a number of priorities for the shorter term in addition to the development of this market. I think that tackling the food crisis should also be on the agenda, as should secure and sustainable energy supplies – we are both primarily consumers of energy and dependent on producer countries – and of course the stability of the financial markets. I think that what this is ultimately about is preventing the development of a Fortress Europe and a Fortress America as a reaction to all kinds of new economic developments; we must endeavour to act together in the international arena when it comes to our own economic future and that of the many other countries dependent on us. Thank you."@en1

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