Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-406-000"

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"The Arab Spring is the greatest political transformation in the European neighbourhood since the fall of the Berlin Wall, and has offered the EU the opportunity to match its commercial and foreign policy interests with its core values of human rights, democracy and a free society. The EU 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 Southern Mediterranean countries. I consider it essential for the EU to coordinate its support for trade, investment and financing fully in the region, in order to ensure maximum positive impact. Given the significant number of internal actors within the EU, such as the various Directorates-General of the Commission, the Members States and the European Investment Bank, and the external actors such as the partner countries themselves, the European Bank for Reconstruction and Development, the World Bank, the International Monetary Fund, the Islamic Development Bank, the African Development Bank and even the G8, it is extremely important to ensure synergy between the measures in order to avoid a ‘doubling up’ of activities. The Arab Spring is a challenge for the EU and for a more determined effort at trade liberalisation and the creation of investment opportunities. This strategy should be conducted in full cooperation with other policy areas with the aim of creating training opportunities for business people, promoting participation in EU programmes and facilitating visa access."@en1

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