Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-263-375"
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"en.20120202.31.4-263-375"2
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"I voted in favour of Mr Saryusz-Wolski’s report. In a global economic perspective, in terms of gross domestic product, China is projected to become the world’s largest economy before 2020 and India could become the country with the fastest growing economy before 2050, whereas the so-called BRIC countries (Brazil, Russia, India and China), together with Indonesia, Mexico and Turkey, will have larger economies than, collectively, the G7 countries. Should the economic growth of the BRICS (Brazil, Russia, India, China and South Africa) and the emerging economies be further consolidated, these countries will acquire strong relevance in foreign policy terms on the global scene. However, considering the interdependence between the world’s economies, the consolidation of the economic leadership of the emerging economies will be conditional on the welfare of the emerged economies. All this provides a big opportunity for the EU: taking into account the new weight, in political terms, of the BRICS, it will be able to use its political leverage to continue to promote universal values in the looming new multipolar system of global governance and be at the forefront of the process of reform of the international governance system. The EU will therefore need to act as a single and robust political and economic entity, treating the emerging countries as valuable partners of the West."@en1
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