Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-10-Speech-3-652"

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"Madam President, the economic and financial storm we have just gone through has caused a lot of damage. Our economies are disoriented, and we are still struggling today to get back on an even keel in the face of determined emerging powers. It is now time, European Commissioner, for you to captain an ambitious and meaningful European trade policy that is unapologetically aimed at defending our commercial interests and based on mutual openness of the markets and on the exploitation of our competitive advantages. The European Union must first of all find a happy medium between ultra-free trade and protectionism. To my mind, this third way must be embodied by the creation of a fair trade framework. The European Union is armed with certain values: respect for the protection of intellectual property, fairness in terms of investments, access to markets, the fight against non-tariff trade barriers and respect for social and environmental standards. Consequently, it has a duty to ensure that these values are accepted as principles by India and China, emerging countries which are not only our customers and competitors, but also our partners. Apart from the need to establish balanced trade, you must, Commissioner, help to boost the competitiveness of our European companies. How can this be achieved? Innovation, investment in research and development, and the international influence of competitive clusters seem to be some of the key factors that will get us out of the crisis. We also need to focus our actions on innovative companies, especially SMEs, by relieving them of any excessive administrative and fiscal burdens, and on green technologies and services."@en1
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