Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-05-31-Speech-3-109"
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"en.20060531.13.3-109"2
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"Mr President, I would like to thank Mrs Mann for an excellent report and for her extremely close and constructive cooperation during the time we have spent working on it.
The USA is in a class of its own as the most important trading partner we in Europe have, which is a fact we often forget. The focus in public debate is mostly on what few problems there are in our trade relations. There is talk of crisis and conflict between Europe and the USA. This can be the case occasionally in the political sphere, but from an economic perspective precisely the opposite is, in actual fact, the case.
I might even dare to whisper that the trade between us has undergone a revolution. Today, the flow of trade between us is a fantastical EUR 1 billion per day. The deepest form of cross-border economic integration is mutual direct foreign investments. These have increased sharply and now stand at EUR 1.5 trillion. These are more than mere figures. Even if we do not think about it, the result is new opportunities for us in our everyday lives. The market that we have has, for example, created nearly seven million jobs in Europe. It gives us more and more services and better products.
Transatlantic trade, moreover, forms a large part of the engine of the world economy. If our relationship shows signs of weakness, there are knock-on effects for the whole world. The trade between us is thus not an alternative to trade with poorer countries. On the contrary, it is, in fact, a precondition and something that makes us all, throughout the world, richer. We must not take it for granted. We must carry on our work and integrate our economies. I therefore hope that we, together with the USA, can realise the idea of a barrier-free transatlantic market by 2015.
Yesterday, I received an e-mail from the left-wing antiglobalisation movement. They exhorted me and every other MEP to vote against this report. Their argument was that, if this report were voted through by a majority in Parliament, it would open the way for an accelerated process of increased free trade between the USA and Europe. I hope that they are right and, for exactly that reason, I and the Swedish Conservatives intend to vote, rather, in favour of the report and in favour of a transatlantic free trade area."@en1
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