Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-204-750"

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"en.20110913.34.2-204-750"2
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"The economy has changed radically over the last few years. Global trade has undergone genuine growth thanks to the World Trade Organisation and numerous multilateral and bilateral initiatives. From the 1990s onwards, a growing number of developing countries and emerging economies have become involved in world trade and developed into the driving forces behind the global economy. In the EU, 18% of jobs depend on foreign trade and, according to forecasts, in 2015, some 90% of world economic growth will be generated outside the European Union. To me, it therefore seems fundamentally important to set out and implement a long-term strategy for foreign trade that bears in mind the changing role of the EU in the world economy. It is also worth noting that the trend of population growth in the EU is reversing, while the population of developing countries continues to increase rapidly. This will have inevitable consequences on the economies of these countries. Lastly, I would like to point out to the Commission how worthwhile it would be to make forecasts that incorporate both the current situation as well as probable future scenarios into the global and EU economy. This could form the basis for the development of a long-term strategy designed to respond to the needs of European citizens."@en1

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