Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-256"
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"en.20101020.21.3-256"2
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"The report aims to establish the measures necessary for financial assistance to countries of the African, Caribbean and Pacific Group of States (ACP) that will be affected by the liberalisation of the banana trade between the EU and 11 Latin American countries, under which the EU is committed to not applying quantitative restrictions or equivalent measures on banana imports to its territory.
When the Geneva Agreement was signed, which provides for this liberalisation, the EU committed to channelling EUR 200 million to ACP countries by way of compensation for the impact that this measure would have on their exports to the EU. We criticised this agreement at the time, as it will mainly benefit the US multinationals that dominate the global market in the sector.
Several ACP countries, as well as several banana producers in those countries, expressed their concern about the agreement’s consequences, believing that the sum of EUR 200 million will not offset all its effects. Now, the report provides for ‘an overall budget of EUR 190 million, with a potential supplementary EUR 10 million, if margins allow’. Furthermore, there were no proper warnings of the impact on the banana-producing countries and regions of the EU, such as the Autonomous Region of Madeira. For these reasons, we abstained from the vote on the report."@en1
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