Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-10-25-Speech-3-221"
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"en.20061025.19.3-221"2
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".
The European Union is worried that the industrial powerhouses of China and India are taking protectionist measures against our exports by using trade defence instruments. The United States, therefore, is no longer Europe's only economic competitor – we are also up against Brazil, other countries in South America and Australia. The WTO, which should be acting as a global regulator, is not only powerless but complicit.
Thus, the bubble of ultraliberal globalisation is about to burst. Unlimited, unregulated speculation on goods, commodities and people has now reached its limit. Having achieved spectacular economic growth, the emerging economies are now consolidating and protecting themselves, with a view to overtaking us one day if we do not react quickly enough.
During this time, the ultra-Europeans in Brussels have been recommending that we open up our borders more and more and keep helping the whole world blindly and with no checks and balances, forgetting our fellow citizens. We must follow the example of the new world powers by establishing protection and Community preference in Europe and protection and national preference in France."@en1
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