Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-475-875"
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"en.20110927.26.2-475-875"2
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"I voted in favour of the resolution on ‘A new trade policy for Europe under the Europe 2020 strategy’ because economic growth, prosperity, jobs and the European social model also depend, to a large extent, on EU trade policy. The Commission estimates that 18% of the European Union’s labour force (36 million jobs) is dependent on the EU’s trade performance.
European industry is facing ever-growing global competition from industrialised and emerging countries such as China, India and the states from the Mercosur region in terms of access to resources, technological innovation, skilled labour force, not to mention industrial and innovation policies. The EU is currently the largest source of foreign direct investments (FDI) in India, accounting for 27% of the total FDI in 2009, while trade between the EU and Mercosur is as much as approximately EUR 100 billion per year.
The development of the EU’s industrial policy depends on the availability of resources and raw materials. This is why the EU’s future trade policy must be aimed at securing raw materials and resources so that industrial production and jobs can be preserved across the EU."@en1
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