Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-09-Speech-1-154-000"

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"Madam President, the profound weakening of the productive capacity of the weaker economies of the European Union, such as Portugal – which result from integration based on competition between the strong and those who are thus weakened; between the rich and those who are thus impoverished; and which is conducted according to the interests of the big companies of the European powers – is exacerbated by the liberalisation and deregulation of world trade, led by those powers in their own interests. Faced with the visible disaster caused by this path, instead of backtracking, the European Union continues to give signals that it wishes to blindly forge on ahead. It is in this context that we should analyse this agreement, which is the widest-ranging one agreed to date. A profound change in current trade policy is urgently needed, steering international trade towards complementarity and not competition, towards the establishment of fair and equitable economic relationships that are mutually advantageous, and which serve the development of countries and their peoples, and not just a few companies and financial institutions. The multifaceted crisis that we are facing demands a new rationale for economic, social, energy and environmental issues, which free trade, one of the pillars of neoliberalism, clearly renders unviable."@en1
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