Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-10-24-Speech-3-163"

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"Mr President, the new WTO round perfectly illustrates our criticism of the way in which this body is organised. This is supposedly a development round, but the European ministers for cooperation and development are not taking part in the forthcoming meeting. Furthermore, the Committee on Development and Cooperation has not been able to deliver an opinion on the Désir report. Fortunately, the report asks pertinent questions, and it has our support. This is supposed to be a development round, but the 49 LDCs are opposed to it and rightly so. Liberalisation, which is supposed to lead to development, growth and prosperity, has only made their situation worse. The WTO perpetuates the imbalance in world trade and the establishment of rules that are unfavourable to the developing countries. Furthermore, it has ended the preferential system instituted by the Lomé Convention. Similarly, the Cotonou Agreement urges the ACP countries to abide by the GATS or the agreement on Trips but the UNDP, itself, states that the liberalisation of services will only benefit multinational companies. The GATS is basically the IMA by the back door. It is a tool for dismantling democracy. Mr Lamy, if negotiations must take place, then they must focus on a root and branch reform of the WTO. It is the development of the least advanced countries that must benefit rather than the development of multinational companies’ profits."@en1

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