Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-07-Speech-3-087"
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"en.20080507.13.3-087"2
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"Mr
President, ladies and gentlemen, I believe that there is a need for greater consistency between bilateral trade agreements and WTO multilateral rules to ensure that international trade becomes more balanced. Without such consistency, the Transatlantic Economic Council risks being used to create a special economic relationship between two major powers, a protectionist market straddling the Atlantic versus other global markets.
Instead Europe and the US should join forces to create fairer trade, putting the application of environmental and social standards on the agenda and giving priority to development, poverty reduction, protection of the environment and of cultural diversity, rather than imposing deregulation, which helps move capital around rapidly and means more profits for the multinationals.
It is partly because of financial speculation that the food crisis is spreading across the world. The Commission must put the issue of commodity prices, and food in particular, on the agenda, so that a mechanism to stabilise prices can be defined to tackle speculation on the main capital markets.
We need to work to ensure that the protection of intellectual property rights does not create barriers to knowledge by encouraging and rewarding the transfer of knowledge and technology to developing countries.
Numerous trade disputes between the EU and the US relate to the use of GMOs and meat hormones. The Council and the Commission must act in line with and in defence of EC legislation so that European citizens are guaranteed the right to secure food and a safe environment. We need to start with European agriculture and look at whether there is really a need to have GMO-contaminated products, as always based on the precautionary principle and providing for the traceability and labelling of products containing GMOs.
The EU and the US must also take the lead in the development of renewable energy sources, finding ecologically sustainable technical solutions."@en1
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