Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-01-17-Speech-4-092-000"
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"en.20130117.7.4-092-000"2
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"Mr President, let me take the opportunity to address Brazil. Brazil has a gross domestic product of USD 2.48 trillion; by comparison the UK’s GDP is USD 2.43 trillion. The arithmetic is that the UK economy is 97% of the size of the Brazilian economy. On trade, 37% of Brazil’s trade is with other countries in Latin and Central America. This is comparable to the UK’s 40% of trade with the EU countries.
However, there is a critical difference between Brazil and the UK. There is nobody – absolutely nobody – in Brazil who considers Brazil’s 37% of trade with the other Mercosur countries to be any sort of reason at all for Brazil to enter into a political union.
By contrast, in the UK the professional politicians from the establishment parties repeat incessantly that the 40% of UK trade with the EU – which, incidentally, is not only in substantial deficit but is proportionately declining – is of itself an entire justification for Britain to be in a political union with the Member States of the EU. This argument, for the UK, is not just bizarre but empty and completely bogus, and I look forward to revisiting it in due course."@en1
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