Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-04-22-Speech-2-479"

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"en.20080422.54.2-479"2
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"The value of trade between China and Africa increased from 2 billion euros in 1999 to approximately 39.7 billion euros in 2005, China being the third partner of Africa at present as regards the importance of trade. This proves very clearly the high interest Africa represents for China’s global interests. The resolution has a few very important conclusions, which are worth being emphasized once more. We have to transmit very clearly that our expectation is for China’s involvement in Africa to refer not only to nations presenting interest from the point of view of the energy policy. We should also encourage China to provide unconditional assistance to African partners and the economic conditions associated with international subsidies or loans should not affect the objective of sustainable development. It is more important for us to see what we will do and what the European Union will do in this circumstance. I agree with Commissioner Louis Michel who said that, unfortunately, the European Union does not take advantage of its unique position toward Africa. The European Union should redirect a greater share of its annual budget for financially supporting the infrastructure projects able to draw direct foreign investments. At last, a more important European presence in Africa should transform from intention to reality."@en1

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