Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-10-Speech-3-651"
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"en.20100210.33.3-651"2
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"Madam President, my first comment is that the correlations in our trade relations with rapidly emerging countries are not static. When, for example, there are completely different growth rates between the Union and China, the non-tariff obstacles applied against us, which we considered to be of lesser importance when the Chinese economy was smaller, are having worse and worse results for us as China’s relative importance increases and ours decreases.
At the same time, as our relative size decreases, our negotiating power decreases as well. There is therefore a window of opportunity through which the Union can impose its policy and effectively reduce obstacles to our exports in rapidly emerging economies and limit social and environmental dumping. Time is working against us, even more than before as a result of the crisis.
My second comment is that, as the correlations change, the importance of trans-Atlantic trade relations and of promoting a more functional American market which will increase trans-Atlantic trade and give the parties on either side of the Atlantic greater negotiating power increases.
Here, too, there is a window of opportunity, as it will take time to build up the trans-Atlantic market, because it is a complex process. How does the US rate the importance of these relations? Unfortunately, the fact that President Obama will not be attending the forthcoming summit in Madrid is not an encouraging sign.
The question is: does the Commission feel the need for urgent action, while we still have the necessary negotiating power?"@en1
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