Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-05-12-Speech-4-041"

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"China’s economic dynamism and its consequences for the European economy has highlighted how powerless the European institutions are to defend fragile industrial sectors such as the textiles industry. The principle of dismantling the quantitative limitations of the multifibre arrangement was agreed in 1986 when the multilateral trade negotiations of the Uruguay Round were launched. At that time, China was not a big supplier of textiles and was not a member of the GATT. A lot of French textile companies had already relocated to North Africa or Egypt. When, moreover, the Uruguay Round agreements establishing the timetable and the method for dismantling the quantitative restrictions were signed in 1994, China was not a member of the new WTO, which it only joined in 2002. Criticism of China cannot therefore conceal Commissioners’ and EU governments’ responsibility for the huge difficulties experienced by the textile industry and, unfortunately, extending to other sectors. What is also scandalous is having agreed, in the name of world trade, to enter into agreements with the largest totalitarian country on the planet, and one which violates all the human, social and economic principles on which Europe is supposed to be built."@en1

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