Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-11-14-Speech-1-076"

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"en.20051114.13.1-076"2
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"Madam President, we live in a global environment and many of our political problems are tackled within a multilateral framework. This is clearly, therefore, the structure we should use in addressing global problems such as poverty. I welcome – as most people do – the recent initiative by the G8 to implement further the process of debt relief for the Third World. This is only right and proper, as debt relief is presently crippling many countries in the Third World. The Highly Indebted Poor Countries Initiative achieved moderate success in tackling debt relief for the 42 poorest countries in the world, but this was only an initial effort by the developed world to tackle the problem of debt relief itself. The European Union is the largest contributor of development aid in the world and therefore must continue to show real leadership when it comes to addressing humanitarian and development aid problems in the world. I also believe that the WTO is the best structure to open up competition in the industrial services and trading sectors. It is in all our interests that a multilateral framework be put in place to govern the trading relations of the 150 different members of the WTO at this time. It is therefore evident that tough decisions will have to be taken if a deal is to be reached in time for the Hong Kong ministerial round next month. I do not want to see a repeat of the Cancun round of WTO talks, which was a lost opportunity and, indeed, set progress back in this regard by at least two years."@en1
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