Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-09-04-Speech-1-121"
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"en.20000904.8.1-121"2
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"Mr President, Commissioner, the report presented by Mr Dell'Alba refers to the winding up of one of the main financial instruments for Community aid to the private sector. The Socialist Group supports all cooperation measures which, like this one, help to make companies, and economies in general, more dynamic, by means of private initiative. The ECIP, whose projects are now coming to an end, has been particularly successful, as has been previously pointed out.
According to the external evaluation it has been subjected to, the ECIP has demonstrated a significant multiplier effect, creating jobs and joint ventures. We now hope, Commissioner, that the future programme that will replace it will add better management to these positive effects. Nevertheless, we have to say that although we are happy with the successes of this programme, we Socialist members of the Committee on Development and Cooperation suggest that the main objective of any instrument for aid, including those in the private sector, must be to reduce poverty in those countries, which is ultimately the objective of these instruments.
Wealth creation and the generation of jobs by means of companies financed through Community funds must benefit those populations in need. The application of these instruments must take account of the need to achieve labour, social and environmental standards, otherwise it could be said that these instruments do not aid development but rather constitute subsidies to individuals.
We cannot say that in the evaluations control has always been exercised over the quality of aid via the ECIP. For example, when a bank is established in a beneficiary country by means of ECIP funds, how can we be sure that these funds are directed towards attracting investment and not simply to subsidising the presence of the bank in that country? As the rapporteur has said, it is a question of framing Community aid within a broad strategy which includes the private sector, which the Commission does not refer to in its plan for reforming aid policy, despite the fact that attracting private funds is necessary for the development of many countries.
In this respect, we wish once again to repeat the question by Mr Dell'Alba to the Commission about its intentions relating to extending this instrument to the countries of sub-Saharan Africa, whose need for funds is also very great. In short, we hope that this experience of the ECIP, which has been very important for Latin America, will serve to improve the programme replacing it, which, we have noted, has no clear role in the Commission’s plan for reform.
Coordination within the Commission is essential to improving the effectiveness of aid and, to this end, the different instruments must have one broad aim and one overall strategy."@en1
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