Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-319-000"

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"The external dimension of social policy includes the European Union’s initiatives to promote labour and social standards in non-Member States. By setting labour standards, the European Union fosters the possibility for citizens to obtain work in conditions of freedom, equality, safety and dignity. Considering the present globalisation of the world economy, international labour standards are the foundation on which a country’s social and economic development should be built. China, India and other emerging economies are becoming increasingly important players in terms of foreign investments. This phenomenon is nevertheless associated with the risk that these countries – and, in particular, their companies – will export labour standards below those of the European Union. I therefore believe that the European Union should be watchful of countries that wish to conclude trade agreements with us. Europe’s small and medium-sized enterprises lead the way in translating social standards into reality. I take the view that it is vital to have a clear and unambiguous definition of corporate social responsibility that will do away with the current assortment of interpretations, while also establishing ways to check that these responsibilities are met."@en1

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