Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-12-Speech-1-096-000"
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"en.20110912.21.1-096-000"2
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".
Mr President, European companies are faced with increasingly intense competition for resources and raw materials. The fierce nature of this competition will continue to grow as we witness, on the one hand, population growth, concentrated in particular in the emerging countries and, on the other hand, economic growth at sustained rates, which will occur in these emerging countries and increase the global demand for resources.
In addition, the geographical location of resources in some countries generates and complicates this competition since some countries are inclined to use the resources they own for political ends. This is why it is no coincidence that governments in some countries intervene with industrial policies to support and give an edge to the companies operating in this global competition. We cannot fail to notice that some countries are using public funds to create such advantages.
The European Union cannot stand idly by, and I welcome the course this strategy is taking. Our main efforts must obviously be aimed at decoupling economic growth in European countries from the consumption of resources through innovation and savings. At the same time, we must provide greater support to European companies at EU level by adopting policies which, on the one hand, will encourage strategic alliances, along with private investment in countries rich in resources and, certainly, compliance with fair trade conditions across raw material markets."@en1
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