Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-11-Speech-3-380-000"

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"en.20110511.28.3-380-000"2
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"The liberalisation and deregulation of world trade has greatly weakened the productive sectors of the weakest EU economies, such as Portugal, which have been run according to the interests of big business in the European powers. Faced with the disastrous consequences of this path, instead of retracing its steps, the EU continues to show signs of wanting to rush blindly ahead. It is in this context that we must analyse this agreement, which is the widest-ranging negotiated by the European Union to date. What is needed are urgent and profound changes to current trade policy in order to take into account the specificities of each EU Member State, with international trade aiming for complementarity rather than competition. This is necessary for the establishment of fair and equitable economic relationships that are mutually beneficial, are at the service of the development of peoples and countries, and are not solely beneficial for a small number of financial institutions and companies. The multifaceted crisis that we are facing requires a new economic, social, energy and environmental rationale, as well as the defence of each country’s right to produce sustainably: free trade, one of the pillars of neoliberalism, clearly makes this unviable."@en1

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