Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-23-Speech-3-036"

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"Mr President, the EU’s strategy for jobs sounds good, but the reality behind the scenes is very different. To take just one shocking example, the forthcoming trade agreement between the EU and India will have a devastating impact on Indian agriculture and pharmaceuticals. Indians are rightly worried by this threat to their prosperity and independence. But with the Indians giving up so much, we need to ask what is in it for Indian big business and what is it going to cost workers in Britain and Europe. The answer is Mode 4 immigration, which bypasses any national caps on immigration. Transnational corporations will gain the automatic right to bring in Indian labour to replace, for example, skilled British workers in steel and car plants and all the other industries now owned by Indian-based TNCs. The India-EU trade agreement will devastate the wages and employment prospects of hundreds of thousands of British and European workers. This is not a strategy for jobs but a naked sell-out to corporate greed."@en1
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