Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-05-11-Speech-3-283"
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"en.20050511.21.3-283"2
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".
Mr President, I would first of all like to congratulate the rapporteur on his report, which, I believe, provides an excellent overview of the current state of play in the negotiations following the WTO’s Geneva framework agreement and on the eve of the conference in Hong Kong. Clearly, the success of the Doha Development Round is crucial to a further liberalisation of world trade. Indeed, after the failure of Cancún, the credibility of the multilateral trading system is at stake. While the success of Hong Kong is crucial to further economic growth, it will also be a serious test of the WTO’s legitimacy. I share Commissioner Mandelson’s view that the Doha Round should primarily be regarded as about development. Trade and development must go hand in hand and greater involvement of the developing countries in the framework of a fair world trade is an essential component in the fight against hunger and poverty in the world.
It is promising that last week, a compromise was reached about import levies on agricultural products and that with it, an impending failure of the Doha Round was warded off. The translation of linear import levies into common percentage-based tariffs, based on the value of the products, is a careful, but nevertheless, important step in the direction of a blanket agreement on trade in agricultural products.
My group, however, remains convinced that all export subsidies in agriculture must eventually be abolished, for it is, and remains, unacceptable that current EU agricultural policy should cost an average European family approximately EUR 100 extra and should make it harder for the developing countries to escape the poverty trap. The World Bank calculated recently that success in this trade round can lead to an increase in worldwide income by EUR 385 billion per annum. If Africa can increase its share in world trade from 2 to no more than 3%, its annual income will increase by USD 70 billion. That is far more than what it is now receiving in development aid. For that reason alone, we cannot afford another failure."@en1
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