Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-22-Speech-4-195"
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"en.20091022.18.4-195"2
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"Owing to the strategic importance of the United States for the EU, and vice versa, a transatlantic partnership should be strengthened at the next summit so as to consolidate the ability to take action to deal with the challenges currently facing us, from the current serious socio-economic crisis, to issues such as disarmament, the fight against terrorism, climate change, respect for human rights, etc.
Coordinated action between the US and the EU is also vital to reach a more mature stage in economic and trade relations between both sides, leading to the creation of a
transatlantic market by 2015, with reduced bureaucracy and, as a result, a more stable and attractive environment for businesses in both markets, which offers them lower operating costs.
Furthermore, if equivalent measures, particularly in terms of financial regulation, are not adopted by the US, the EU will find itself at a competitive disadvantage, which will be extremely harmful to the European economy.
I therefore reiterate the need to protect the EU’s interests by means of a coherent and coordinated policy between the EU and the US in the various areas of common interest."@en1
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