Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-470-000"

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"On 9 November, the Commission presented a communication on the future trade strategy of the European Union entitled ‘Trade, Growth and World Affairs’. This communication is primarily a follow-up to the Global Europe strategy presented in 2006. However, previous evaluations of the strategies presented indicate that a number of their objectives have still not been achieved. All stakeholders have to review the reasons why such a situation has occurred and draw the necessary conclusions from it. The world has changed dramatically in recent years. World trade has witnessed a major expansion thanks to the World Trade Organisation and a number of other initiatives and has begun to include, since the 1990s, an ever-increasing number of emerging and developing countries, which have become a driving force of the global economy. This appeared mainly in the recession years of 2008 and 2009, when it was mostly the emerging countries that had a stabilising effect on the global economy. Now, 18%, i.e. 36 million jobs in the EU depend on foreign trade and it is expected that by 2015, 90% of global economic growth will be generated outside the EU. Therefore, I consider it important that the Commission prepares a prospective study reflecting the current reality of the global economy and the current state of the EU, as well as probable future development. Such a study should become the basis for the elaboration of a long-term strategy taking full account of the needs of the Community and its citizens."@en1

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