Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-401-375"

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"en.20120510.69.4-401-375"2
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"I voted in favour of this report because the only key to permanent stability, security and economic development and progress in Europe is by developing good relations with neighbouring countries, in order to establish an area of prosperity and good neighbourliness, founded on the values of the Union. The Lisbon Treaty defines international trade as one of the three arms of the EU’s external action and requires coherence with its other policies: foreign affairs and international development. Although trade has always been a strong pillar in the neighbourhood policy, there is a perception that the European Union should be more proactive in aiding political and economic transformations in neighbouring countries. The economic and political reconstruction of the countries of North Africa in the aftermath of the Arab Spring is not being overseen by regional institutions – no specific Euro-Mediterranean financial institution exists. Furthermore, the economies of Southern Mediterranean countries (SMCs) have thus far been run by undemocratic leaders to the benefit of the few, often overlooking the needs of the most vulnerable. The European Union has exclusive competence over trade and investment policy, which allows it to provide an effective response to the upheavals and to contribute to economic and social progress in SMCs. It is therefore very important for the European Union to aim high regarding economic cooperation and to adopt a strategy that is mutually beneficial, responsible and flexible, based on support for democratic transition and the defence of human rights."@en1

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