Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-118-000"

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"en.20120612.15.2-118-000"2
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"Mr President, ladies and gentlemen, the EU is the principal donor of development aid and the principal investor in Latin America, as well as being its second largest trade partner. This collaboration has undoubtedly led to positive results for South America, reducing poverty from 44% to 33% in a single decade, and giving the country the prospect, despite the international economic crisis, of 4% growth for 2012. The cycle of growth in Latin America has generated significant social and economic advances, but in many countries this has not, however, coincided with a fair distribution of income or a reduction in social inequalities. It is for this reason that we call on the European Union to further improve the effectiveness of its aid, in order to promote fairer economic and social growth."@en1
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