Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-410-593"
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"en.20120510.69.4-410-593"2
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"I voted for the report on the EU trade and investment strategy for the Southern Mediterranean following the Arab Spring revolutions. A successful commercial strategy for the region must strengthen the role of SMEs, which provide as much as 30% of employment in some countries. Greater efforts need to be made to reduce the high number of unregistered SMEs operating in the ‘black market’. Certain studies put the percentage of informal employment (excluding agriculture) in certain Southern Mediterranean countries at 70%. I regret that SMEs and cooperatives have limited access to investment, and I insist on the need to provide proper access to funding through the reliable, accessible and user-friendly provision of micro-credit and counter-guarantee schemes by the European Investment Bank (EIB). In this regard, I welcome the recent extension of the European Bank for Reconstruction and Development’s mandate. Visa facilitation is still a problem for many representatives of SMEs in Southern Mediterranean countries who intend to visit EU institutions for meetings, training courses or other business reasons. The EU is responsible for taking the lead in facilitating the region’s transition towards democracy and economic integration, supported by a fair and free market."@en1
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