Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-02-Speech-1-069"
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"en.20090202.14.1-069"2
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"Madam President, Commissioner, ladies and gentlemen, the trade in industrial goods and services is indeed of strategic importance to the European economy. The European Union is, as we all know, the biggest exporter in the world and the main source of direct foreign investment. The European Union is one of the most open markets, while eminent partners of ours maintain high trade barriers. We are seeking a substantial reduction in the tariffs applied and for unjustified, non-tariff barriers to be addressed. In addition to industrially advanced third countries, there are also emerging economies which need to make concessions in proportion to their degree of development and their sectoral competitiveness. However, Commissioner, the problem is not only one of removing barriers: differences in regulatory systems are generating additional costs for exports, putting European products at a competitive disadvantage compared with imports from countries with more flexible standards and, in many cases, are raising the question of the safety and protection of European consumers. The prolonged failure to reach agreement is exacerbating the climate of economic uncertainty and is damaging the credibility of the multilateral trade system. Bilateral and interregional agreements can only be supplementary in nature. Furthermore, the economic crisis may trigger the erection of unilateral, restrictive or distorting trade barriers. There are already examples of this, of limited scope at present, as the relevant report by the Director-General of the World Trade Organization, Mr Lamy, testifies. The protection clause for US products adopted by the House of Representatives is a step in the same worrying direction. I would say that to return to unilateral approaches is not a solution. Today more than ever we need to manage the challenges jointly, with more positive integration and by establishing or strengthening international regulatory systems with systemic convergence. We need a new international economic architecture. We need more transparent and balanced global trade governance and, on this point, Commissioner, we await an integrated proposal for ‘globalisation with a European face’ which will take account of the changes already made and of the link between the commercial and economic dimension for a transparent, democratic and efficient Europe in the world at this time of crisis."@en1
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