Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-09-02-Speech-1-080"
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"en.20020902.7.1-080"2
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"Mr President, Commissioner, ladies and gentlemen, we will be endorsing Mr Deva's report and we also want to congratulate him. In fact, we are convinced that a huge number of people in this hemisphere will be supportive of this report, but I fear that many will lose all interest when the welfare of their own electorate is put at risk. This is currently what we see happening at the Johannesburg Summit. This hypocrisy must stop. Economic globalisation is being imposed by the rich North and it is wreaking havoc in countries with weak economies, great social needs and weak democratic structures. We ask poor countries to open up their borders to our products, without giving them the opportunity to strengthen their economic structures first, as we did ourselves at the time when our economies first started to thrive.
If we are serious about the fight against poverty, concrete action of the sort requested by many here today is what is required. We must then open up our own borders, pay fair prices for products from the developing world and guarantee the producers a reasonable income. We must then abolish all subsidies for our own products if they lead to unfair competition with products from developing countries and to the demoralisation of the local producers who are responsible for food safety in their own country. We must then impose on our multinationals a code of conduct which protects weak economies, governments and peoples against arbitrariness and exploitation. Their great power brings with it commensurate responsibility for the world.
I am ashamed when I observe how privatisation makes entire peoples, entire countries or regions, dependent for their income on executive boards that only take account of the interests of their own shareholders. What means does a country such as Zambia, for example, possess whereby it can exert pressure on the owners of their copper mines, such as
? Countries that are dependent on a product, such as petroleum, diamonds, wood or sugar cane often have no defence at all against multinationals that determine the prices and regulate the market. It is a matter of power relations. It is therefore first and foremost our problem. We should, however, meanwhile display solidarity, and the rich north must realise that solidarity and the fight against poverty are a form of peacekeeping."@en1
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"Anglo American"1
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