Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-932"
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"en.20101111.21.4-932"2
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"I voted in favour of this resolution, as I believe that:
the Transatlantic Economic Council (TEC) constitutes the most appropriate mechanism for managing the transatlantic economic relationship and that the partners should use the TEC to its full potential to overcome the existing barriers to economic integration and realise a transatlantic market by 2015, which will constitute a positive response to the current economic and social crises;
the TEC should be more strategic, in order to respond to the concerns of the interested parties;
the approach of the Small Business Act should be monitored whilst it is considered legislation with a transatlantic impact;
the economic and financial governance structures existing at the start of the crisis, at international level and at US and EU level, did not provide the international financial system with sufficient stability, so it is understood that increasing economic and financial interdependence makes it important to strengthen cooperation between the leading economies in the areas of macro-economic policy and supervision.
I also welcome the call for the EU and US to cooperate with China on resolving the international dispute over exchange rates without applying protectionist or retaliatory measures, also taking into account the fact that the market pressures to which EU Member States are subjected are different to those experienced by the US, especially as regards sovereign obligations and the existence of monetary union."@en1
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