Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-15-Speech-2-279"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20090915.19.2-279"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"− It is true, of course, that international trade has been particularly deeply affected by the crisis. The World Trade Organisation secretariat estimates that global trade will drop by 10% in 2009, with a 14% decline in developed countries and about 7% for emerging countries. This calls for ambitious reactions, which is what we have been doing, both on trade finance, multilateral negotiations and bilateral negotiations.
Together with Member States, we have taken a number of important steps to increase the availability of trade finance. Where commercial parties were no longer willing or able to provide export finance insurance, Member States have stepped in via the export credit agencies.
With regard to short-term insurance, this has been facilitated by the Commission decision to temporarily relax the conditions to offer such support. We furthermore agree to temporary relaxation of the OECD rules on medium- to long-term credit insurance.
At the multilateral level, we strongly endorse the commitments made in the G20 context for national export credit agencies to make available sufficient government export credit insurance capacity where this is needed, and we also support the efforts by multilateral financing organisations to make available new trade financing facilities or increase the envelopes of existing ones.
To make sure we consolidate and increase exports, we are continuing to pursue the various trade negotiations we have engaged in. Honourable Members know that the priority on the multilateral front is, and remains, an ambitious, balanced and comprehensive conclusion to the Doha Round, which would reap great benefits for the world and, of course, for the European economy.
The recent meeting in New Delhi which I attended has provided new political momentum and, together with the upcoming G20 Summit in Pittsburgh, it will hopefully enable us to conclude the deal in 2010.
We are calling for real engagement with key World Trade Organisation partners in the months ahead in order to move the negotiations forward on the basis of the package which has been tentatively negotiated up until this point. As Members know, we are pursuing a range of bilateral agreements in conjunction with this."@en1
|
| lpv:unclassifiedMetadata | |
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples