Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-468-000"

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"en.20110927.26.2-468-000"2
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"Europe needs to rethink its trade policies because their development in recent years indicates that the focus is starting to shift towards developing countries. Exports are a prerequisite for economic growth and for safeguarding or increasing jobs. International trade is facing a number of challenges in the European Union. In 2000, the EU and US accounted for 48% of global GDP. However, according to estimates, in 2020, they will account for just 35% of it. While, in 1999, EU exports accounted for 19% of the total global volume, in 2009, this figure fell to 17%. The focus of the world economy is shifting towards the developing countries. In the EU, 36 million jobs (18% of the total) have a direct link with international trade. It is estimated that by 2015, 90% of global economic growth will be generated outside the EU, thereby increasing the Union’s dependence on trade. In these circumstances, I welcome the call made by the European Parliament to the European Commission to come up with strategies for driving trade policies in the long term. It is our duty to think just as much about the future as the present."@en1

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