Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-09-Speech-1-161-500"
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"en.20110509.20.1-161-500"2
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"The Indian economy is one of the fastest growing economies in the world. Even now, the majority of Indian foreign investment is situated in the European Union and the Tata Group alone is a leading employer in the industrial sector in Great Britain. Taking into account the pace of India’s development, it should be acknowledged that the trade agreement between India and the EU will form one of the most significant and demanding agreements to have been concluded to date. The agreement will undoubtedly contribute to an increase in the level of investment and imports and exports for both parties to the agreement. It will allow a freer exchange of goods and will contribute to greater prosperity in India as well as in EU countries. The agreement will intensify world trade, especially in the field of services. In spite of the advantages to be gained from signing the agreement, we should, however, bear in mind issues where both parties to the agreement present opposing views. The EU does not accept goods which have been produced to the detriment of the environment, or which have been produced using child labour. The agreement which we are striving for should guarantee proper workspaces, diversified, developing economies and multicultural diversity. It is crucial to introduce a decision-making system which is effective and improves cooperation, and also to introduce measures to support training for individuals and organisations which will help the regions to develop. In order to achieve the aims intended, a transparent and public debate is necessary."@en1
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