Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-23-Speech-1-150"

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"en.20090323.17.1-150"2
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"Mr President, I would like to draw attention to three issues in this debate. First of all, in December 2007, the European Parliament adopted a new EU-Africa Strategy, which aimed to ensure equality between the two sides. The main issue at the heart of this Strategy was to reduce poverty in African countries. However, not much progress was made in this field last year. Secondly, the continuing financial and economic crisis may, unfortunately, worsen the situation facing African countries. The leading global financial institutions are making the following predictions for 2009. The IMF estimates that global GDP will shrink by 1%, while the World Bank estimates a fall of 2%. The WTO predicts a decrease in the value of global trade of as much as 9%. It will be the first time that this has happened in 50 years. The crisis facing the most developed countries will, according to the IMF, go on to affect developing countries, including those in Africa, while rising unemployment and poverty might cause civil unrest and, in some cases, may even lead to war. I hope that, in view of this crisis and its repercussions, which will continue to be felt during the next few years, the EU-Africa Cooperation Strategy will be amended in an appropriate manner, in order to prevent this kind of civil unrest, or perhaps even armed conflict, being caused by the global economic crisis."@en1
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