Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-19-Speech-1-103"

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"en.20080519.22.1-103"2
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"Madam President, Commissioner, bearing in mind the role played by trade in our globalizing world, we need to support the efforts to promote fair trade, and all initiatives which contribute to sustainable economic development. Prices of raw materials affect market developments and in a number of cases have an aggravating effect on economic development, particularly in countries where deposits of raw materials are scarce. This affects the overall market situation, and the availability of raw materials. The expected high oil and electricity prices can and should be dealt with through effective technologies in both extraction and processing of raw materials. This effectiveness and the implementation of innovations, as well as maintaining a strong research sector determine the level of success in improving the market situation and strength, in enhancing diversification and energy security. In terms of agricultural trade, attention should focus on relaxing the pressure on producers caused by the imbalance between farmgate purchase prices of agricultural produce and their retail price levels. This distorts the market but it also indicates that the market has its social cost."@en1

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