Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-02-23-Speech-3-195"

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". Mr President, the initiative that was taken on 20 September 2004 in New York, with Lula and Annan playing the leading parts, contains good ideas about aid, trade debts, cancellation and new forms of financing. However, back in 2000, the world leaders signed a declaration in which they committed themselves to meeting the Millennium Goals by 2015 or thereabouts. Now in 2005, the world can see that, in Africa, a goal such as ‘everyone to school’ is not moving any closer but has edged further away. Similarly, the financing pledge of 0.7% of the national budget has not been fulfilled by a long shot. A declaration of this kind in 2004 may then seem a little like ‘management by declaration’; unless, with that declaration added to Jeffrey Sachs’ report and the massive wave of sympathy and funds that have been freed up by the tsunami disaster, new political will is organised. That, to my mind, should be done straight away, and not by setting up a new world fund, but by fully concentrating all existing aid sources – the World Health Fund, the European Development Fund, the activities of the IMF and the World Bank – from both north and south on the MDGs – the Millennium Development Goals. Firm agreements, tight control and coordination are what is needed. Europe, being the world’s largest donor, can take the lead. At the same time, all European Member States should be able to achieve 0.5% of the national budget for development cooperation by 2010 and 0.7% by 2015. The EU itself should set aside 10% from its own financial multi-annual perspectives, channelled via a single development budget, with the MDGs being the legally binding instruments. Debt relief for poor countries would also form part of this, thereby making room for water, education and basic amenities; hence also the need for the IMF to revalue the gold reserves. This also involves fair trade and an immediate end to export subsidies, while also looking for new sources, not with the intention to forget the 0.7, but to think about new sources that would be interesting. It is also a good idea to impose taxes on the negative side of globalisation, such as ‘flash capital’ or the arms trade. Now is the time to act. I think that the presidency is in good hands and is keen to move in that direction along with Mr Michel and the other Commissioners. It will be primarily by the multi-annual financial perspectives that the value of all our declarations will be able to be judged."@en1

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