Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-09-Speech-3-196-000"
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"en.20120509.20.3-196-000"2
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"Events in the Mediterranean region have led us to rethink our relations with the countries neighbouring the EU. The European Union has a key role to play in promoting respect for human rights, pluralism, rule of law and social justice in the southern Mediterranean by stepping up not only political but also commercial cooperation with this region.
The unequal distribution of incomes, the lack of social and economic reforms and the precarious nature of the education systems and jobs were some of the main causes of the revolutions triggered in the Arab world. Support is needed from international financial institutions to aid these countries’ economic development and regional integration in terms of trade.
One important step towards this is the decision to extend the mandate of the European Bank for Reconstruction and Development (EBRD) with the aim of taking part in the process of providing financial aid to the southern and eastern Mediterranean. In light of this, I would like to urge EU Member States to ratify the amendments to the EBRD Agreement urgently. The bank has the expertise required to ensure the transition to functioning democracy in the countries in the region."@en1
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