Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-560-000"
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"en.20110705.34.2-560-000"2
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The objective of EU development aid is to reduce and, in the long term, eradicate poverty. In this context, values such as human rights, democracy, autonomy and partnership are important. EU development aid aims to achieve inclusive and sustainable growth and to provide basic social services and education. According to the Organisation for Economic Cooperation and Development (OECD), at least 20% must be earmarked for basic social services. The proposed growth strategy involves strengthening the private sector and small and medium-sized businesses. They will be supported using micro-finance which must be aimed in particular at disadvantaged groups, such as minorities, small farmers and women. The report calls for the poor to participate in economic growth rather than just being recipients of it. Other measures include promoting sustainable agriculture and investing in renewable energies, which have the potential to create new jobs and ensure sustainable development."@en1
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