Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-271-500"

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"en.20120202.31.4-271-500"2
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"The high rate of economic growth in Brazil, Russia, India, China and South Africa (the BRICS), as well as in other emerging world powers, is altering the balance of global forces before our very eyes. As pointed out by the rapporteur, it is estimated that in 2050, the combined relevance of the seven largest emerging economies (Brazil, Russia, India, China, Indonesia, Turkey and Mexico) will be greater than the economic relevance of the G7 countries. The aforementioned growing economic powers have already proven that they foster high ambitions in terms of foreign policy, and it is likely that they will gradually take over leadership in the shaping of global governance and strategies of global significance. This shows how important it is to increase internal cohesion within the EU and to strengthen our common foreign policy. Only by acting as a single robust entity will we be able to compete with the growing economic and political powers and maintain relevance in the new, multipolar system of global governance and leadership. The emerging new global balance of forces creates an opportunity for the European Union to take initiative and assume leadership in the process of changing and reforming the system of global governance, which will include the new powers. We have an opportunity to create a new platform for international foreign policy based on mutual trust and common values, which will support cooperation in trade and economic terms, as well as cooperation to find more effective solutions to global issues such as climate change, global peace and security and sustainable development."@en1

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