Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-20-Speech-2-230"
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"en.20080520.23.2-230"2
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"This report considers aspects beyond traditional trade in raw materials and commodities. In the new international situation various production factors and components may be regarded as raw materials, including energy. The increase in the prices of those products is serious for European industry, which imports them from outside its borders. The markets respond to the increase in demand on the part of more producers facing natural and environmental condition and react to financial speculation. It is worrying that this international situation has encouraged price levels capable of wiping out economic growth in Europe. Once that trend is established, the race for resources will give rise to pressure and shortages which are likely to pose a challenge to many generations of managers and will certainly have implications for the governance of the modern world.
By means of this report the European Parliament calls on the Commission to raise within the WTO issues of access to raw material markets. The objective is to obtain reciprocity and one appropriate route is via the WTO. Negotiations on these products should never go below regional level so as to promote integration, development and sustainability. In order to prevent major speculation and conflict, we must ensure that our trading partners holding these resources receive a fair price for their commodities."@en1
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