Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-22-Speech-4-244-500"

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"This report follows on from the Trade Omnibus I proposal. The objective is to adapt the remaining regulations on the common commercial policy (CCP) to Article 290 of the Treaty on the Functioning of the European Union, that is, to the regime for delegated acts. However, we must examine this report in terms of its deeper significance, bearing in mind positions of principle on the Treaty and on its provisions regarding trade policy: namely, the European Union’s exclusive competence. The definition of trade partners and objectives that should guide trade is an important instrument of economic sovereignty. Removing this instrument has resulted, for Portugal, in serious harm to many economic sectors and to the country as a whole. Trade policy has come to be guided by the maximisation of profit for the large economic groups in the EU’s major powers, clearly to the detriment of countries such as Portugal and to weaker economic sectors, which have been exposed to fierce and destructive competition. Free trade has been one of the CCP’s main instruments, which has sent this policy towards a logic of capitalist competition, instead of complementarity and mutual benefit. Our deep disagreement with the CCP is one element that we must take into account when examining this report."@en1

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