Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-584-000"
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"en.20121023.45.2-584-000"2
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"The EU and the US are each other’s main trading partners, the two economies together accounting for about half of the global economic output and nearly a third of world trade flows. They are thus in the position of the most powerful economic partnership in the world. There is a general consensus that the potential of the transatlantic relationship is far from being fully exploited. The EU and US share common values, similar legal systems and high standards of labour and environmental protection, and should exploit these synergies to secure the growth and jobs both partners need. The moderate growth of global trade exchanges over the past three years has significantly contributed to mitigating the negative effects of the economic crisis, in particular in the EU and the US, proving that trade plays an important role in determining growth and employment. I consider it important to continue to strengthen transatlantic economic relations. I also believe that there should be close cooperation between the European Parliament and Council, the Commission, the US Congress, the United States Government and the stakeholders to achieve the full economic potential in order to create new opportunities for businesses and workers on both sides of the Atlantic and strengthen EU and US leadership in the global economy."@en1
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