Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-119-000"

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"Mr President, this report is an important step towards achieving the Millennium Development Goals and the fulfilment of international commitments to human rights, food security and environmental sustainability. Development aid has noticeably reduced poverty in Latin American countries. The global economic and financial crisis has impacted Latin America less than other regions. However, this is a region in which 180 million people live below the poverty threshold. The EU is the principal donor of development aid, the principal investor and the second trading partner of this region. It is essential that we continue to support those countries. The rapporteur requests that the Commission present a coherent strategy for the gradual withdrawal of bilateral aid to the middle income countries and that will reinforce aid to the LICs, the low income countries. However, there is a danger in this. It is absolutely crucial that we get this right. Withdrawing or redirecting aid too soon could undo all the years of assistance and the good that we have done."@en1
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