Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-09-Speech-3-185-000"
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"en.20120509.20.3-185-000"2
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"Mr President, the main political transformation in the European neighbourhood has actually paved the way for democracy in the southern Mediterranean, but has also turned these countries’ entire economic systems upside down. There is the risk now that the wave of hope will be swamped by a vicious circle of poverty. The social upheaval is exacerbating the economic decline which, in turn, is swelling the ranks of the unemployed, especially among young people and women. According to the estimates from the Organisation for European Cooperation and Development, 25 million new jobs are needed in the next 10 years just to maintain the current level of employment.
Based on the experience of the transition made by the countries of Eastern Europe, I believe that this is an extremely tough objective to achieve. The aim of the Arab Spring was to obtain democratic freedom and a better life for ordinary people. The European Union has a direct interest in supporting these countries by undertaking an ambitious inter-regional commitment to update the Euro-Mediterranean free trade area project. In addition, the deployment of the trade and investment facilitation mechanism put forward in the Euro-Mediterranean trade road map and the establishment of the new rules of origin under the Pan-Euromed Convention may provide a significant boost to trade, especially at a time when the countries in the region will no longer be members of the Generalised System of Preferences."@en1
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