Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-14-Speech-3-068"

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"en.20071114.2.3-068"2
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". Madam President, the European Union cannot let itself become a victim of globalisation or give its people the impression that they are caught up in something they cannot influence. So the question now is not whether globalisation is good or bad: it is whether we are prepared to bring our own weight to bear on it and to regulate it. To face that challenge, the European Union needs to reconcile competitiveness and economic and social cohesion. Strengthening multilateral rules is part of the process. In an open economic system, the best way of ensuring that consumers’ and citizens’ right are respected is by observing the rules of competition and establishing a fair and equitable market, reflecting environmental and social standards. Therefore, until we have a set of rules that are internationally recognised, it is crucial that we retain and do not water down our existing trade defence instruments, which are our only effective tools against dumping. And yes, it is possible for Europe to protect its citizens without being protectionist. Europe also needs to invest in those sectors that will determine its economic clout in the future: namely research, innovation and the development of clean technologies. Furthermore, in order to support those who have most difficulty in benefiting from globalisation, Europe needs to step up its arrangements for putting solidarity into practice, for example through the European Globalisation Adjustment Fund and flexisecurity. It is in Europe’s interest, in terms of coping with international competition, to anticipate adaptation and to embark on reform. The European Union possesses all the necessary capabilities and resources to meet the challenge."@en1

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