Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-07-04-Speech-2-344"

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"Mr President, ladies and gentlemen, Europe’s industrial sector is a pillar of the Union’s economic system. The manufacturing industry in the European Union, which accounts for a fifth of production, employs some 34 million people; and three-quarters of exported goods are manufactured products. We can therefore define manufacturing as the decisive factor for our economy. For this reason I consider that the greater part of manufacturing production should remain in Europe. This will not come about spontaneously; favourable conditions need to be created. The basic requirements are therefore investment, research and innovation. Although the manufacturing sector invests in research and industrial innovation, the total amount of this investment is not enough to sustain competitiveness with other countries. More financial resources are required, and we need a European space for research and a single market for researchers. Nevertheless, research and innovation are not sufficient to guarantee a strong European industry: we also need different policies, which should be synergistic and coherent. I am talking about identifying international practices that are likely to have a negative impact on the competitiveness of European businesses. The European Commission has recently published a document stating that there is evidence of serious distortions of the market, for example in the footwear sector in China – and, I would add, not only there – and the document speaks of direct state intervention in the management of businesses, specially favourable tax breaks and interest-free loans. I am against dirigisme and protectionist policies. Like Mr Mandelson, I support a free market – but a free market with rules for all, not just for some. I request that this principle should underlie European policies, starting with international trade policies, especially when there are confirmed cases of unfair competition and counterfeiting."@en1

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