Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-466-500"
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"en.20110927.26.2-466-500"2
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"Foreign trade is a crucial element of the European economy. Forecasts are that the European Union, which accounted for 25% of global gross domestic product in 2000, will have declined to 18% by 2020. The centre of gravity of the global economy is moving to developing countries. Around 36 million jobs in the European Union – equivalent to 18% of the total – are related to foreign trade. It is estimated that 90% of economic growth will be generated outside the European Union by 2015, increasing dependence on foreign trade. This report argues that exports are an anchor for economic growth and job creation, and that the Commission should view increasing foreign trade as a priority. As such, it calls on the European Commission to table a genuine long-term strategy for foreign trade as soon as possible. I voted for this report for the above reasons."@en1
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