Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-11-17-Speech-3-191"

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"en.19991117.6.3-191"2
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"Mr President, I consider the Millennium Round to be an important opportunity to promote the opening of the international markets to competition, to extend the guarantees against anti-competition practices and to finally address the subject of investments as well. The liberalisation of world trade is a positive process that generates growth and that can be hindered, not only by the protectionist practices of the States, but also by the creation of situations where competition is distorted, such as in the event of the abuse of dominant positions, cartels and dumping – think of the example of the shipbuilding industry – which are so harmful to Europe. This is something that is largely new for the World Trade Organisation, but I think it extremely important. Similarly, a new area for talks should be the quest to open up national markets to foreign investments. It is important that the Schwaiger report and Parliament recognise the World Trade Organisation as the appropriate forum for serious negotiations on investments, seeking certainty and clarity of the law on the protection of investments, but also, obviously, the protection of state legislation in social, environmental and cultural fields. The Schwaiger report understandably puts more emphasis on safeguards, but I think that it is generally in harmony with the Commission proposal and therefore expresses full confidence in Commissioner Lamy’s work with regard to this sensitive topic as well, in full awareness that the liberalisation of international trade, even in new fields – as with investments – is an important concern for the countries of the European Union and all the countries which have an interest in lasting and sustainable development of the global economy."@en1

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