Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-10-Speech-3-656"

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"en.20100210.33.3-656"2
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"Madam President, international trade, alongside the financial sector, is the area of the world economy which has suffered most as a result of the economic crisis. It is estimated that world trade turnover fell last year by around 10% as a result of the crisis. In addition, the policy of protectionism adopted by many countries as a basic tool for fighting the recession is having a disadvantageous effect on trade. The advantages of free trade in a global economy ought not to need explaining to anyone. It is safe to say that the prosperity which free-market countries achieved in the second half of the 20th century was, in large measure, the fruit of free trade, which developed dynamically in this period. The fall in world trade, the rise in unemployment, especially in developing countries and, with this, the growth of poverty and social exclusion – this adverse trend can be stopped by restoring dynamic trade on fair and just (...)."@en1
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