Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-25-Speech-4-808"

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"en.20101125.24.4-808"2
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"I agreed with the report because, as you know, the expansion in international trade is justified if it contributes to economic development, to job creation and to improved living standards. Only then is trade liberalisation regarded as something positive and accepted. By contrast, when it destroys jobs or undermines living conditions, social rights and the environment, it gives rise to very vocal opposition. The common commercial policy cannot therefore be reduced to a set of measures designed to serve only the immediate interests of a few economic actors. The economic and social impact of trade liberalisation varies very substantially from country to country and that impact must be managed and sometimes offset, because liberalisation is a process in which there are always winners and losers. The expansion in international trade is universally beneficial only if certain conditions are met, hence the need to manage the liberalisation of trade, including practical arrangements and the volume of trade, a need which has come to be felt even more strongly as the globalisation process has accelerated. Europe, and the international community as a whole, are thus faced with an imperative: they must incorporate genuine guarantees concerning sustainable development and labour rights into the rules governing international trade. That imperative, which is consistent with the objectives of both the United Nations and the European Union, chimes exactly with public expectations in Europe. Hitherto, the link between trade and corporate social responsibility (CSR) has been tenuous at best. Incorporating CSR principles into the rules governing international trade would enable the EU to exert pressure on undertakings to improve their behaviour and on the States which sign trade agreements with it to comply with labour and environmental standards."@en1

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