Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-20-Speech-2-235"
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"en.20080520.23.2-235"2
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Something is clearly going wrong with the trade in raw materials and commodities. There is currently much speculation on the prices of raw materials. Minerals, for example, are fairly expensive. Despite their natural resources, countries that are rich in minerals are remaining poor or becoming even poorer.
Developing countries are also unsure of their own food supply, despite the fact that they produce a great deal of food. The problem is that food is being exported on a massive scale at excessively low prices. Furthermore, climate change forces us to manage this energy-guzzling market differently: extraction of minerals is to be discouraged, and localised food production and consumption are preferable to the global trade in agricultural products. In short, the trade in raw materials and commodities, as regulated today, has a highly disruptive effect and requires a multilateral approach.
The report on the trade in raw materials and commodities initially comprised a just complaint against the ultraliberal trade policy proposed by the EU in late 2006. In the meantime, however, it has been toned down to such an extent that I can no longer lend it my support. For instance, it contains barely any significant policy proposals. Even worse is the fact that the report labels free access to raw materials and commodities as a right of the EU and pushes forward a bilateral trade policy as the ideal instrument."@en1
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