Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-469-187"
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"en.20110927.26.2-469-187"2
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"Our fellow Member, Mr Caspary, who drafted this report on the need for a new trade policy for Europe under the Europe 2020 strategy, welcomes the Commission communication on ‘Trade, Growth and World Affairs’, and acknowledges that the EU’s prosperity and growth depend on optimising the workings of the international trade system.
Thanks to the World Trade Organisation, there has been a great expansion in world trade in recent years. Forecasts are that the European Union, which represented 25% of value added at global level in 2000, will have declined to 18% by 2020. By contrast, the emerging economies of China and India, which only represented 10% in 2000, will have increased to around 25% by 2020. These figures oblige the EU to rethink its trade policy. The Commission should analyse the causes of this situation very well and adopt measures to meet the global challenges, linking up with other European policies and tackling demographic growth. Although this is a pessimistic, if realistic, document, I am voting in favour and hope that the measures advocated to minimise the consequences of declining European exports will be taken into account."@en1
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