Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-414-750"

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"en.20110913.34.2-414-750"2
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"Mineral products and other raw materials account for up to 30% of Lithuania’s imports and exports, and raw material shortages are therefore a very significant problem for my country. Unfavourable raw material prices are inhibiting the growth of Lithuanian exports. According to research data published last month by Swedbank, rising raw material prices are also having a major impact on high inflation in Lithuania. The huge increase in raw material prices also means that 2011 will be a difficult year for Lithuania’s construction sector. Construction companies are going bankrupt every month. The time has come for the EU to establish a strategy on industrial innovations, aimed at promoting sustainability and security of energy supply. I agree with the rapporteur that the raw materials initiative is a first positive step. EU industry must use raw materials more efficiently by cooperating with international suppliers. We should also promote mineral processing and exploration, particularly based on EU scientific research and innovative Directorate-General programmes. The EU’s industrial future hinges, to a large extent, on non-energy, non-agricultural raw materials. This is our chance to turn a challenge into an opportunity for European industry and our own Member States."@en1

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