Activities of Antolín SÁNCHEZ PRESEDO related to 2009/2150(INI)
Plenary speeches (1)
The effects of the global financial and economic crisis on developing countries and on development cooperation (short presentation)
Amendments (9)
Amendment 9 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Emphasises that the scale, depth and complexity of the financial crisis is linked to the disconnect between the development of finance and the real economy, the existence of escalating global imbalances and worsening environmental problems on the planet that must be corrected to put the economic system on the path of global sustainable development;
Amendment 10 #
Draft opinion
Paragraph 1 b (new)
Paragraph 1 b (new)
1b. Stresses that the credit crunch, uncertainty caused by the depressionary cycle and the drop in international trade, investment and remittances by migrant workers have been the channels by which the crisis has been transmitted from the developed countries to the developing countries. In all these areas, the Union needs to adopt initiatives and assert its presence on the international stage in a concerted, comprehensive and coherent manner;
Amendment 11 #
Draft opinion
Paragraph 1 c (new)
Paragraph 1 c (new)
1c. Calls for stronger macroeconomic cooperation within the G20, a more powerful role for the United Nations system and the reform of international financial institutions to ensure a concerted response to the crisis and its effects in developing countries;
Amendment 12 #
Draft opinion
Paragraph 1 d (new)
Paragraph 1 d (new)
1d. Points out that in order to achieve greater financial stability and improve the functioning of the global trade system within the WTO, progress needs to be made towards a new international monetary and financial system which is based on multilateral rules that address the specific problems of developing countries and falls within the United Nations framework;
Amendment 13 #
Draft opinion
Paragraph 2
Paragraph 2
2. Welcomes the European Council's commitment in October 2009 not to undermine the MDGs in combating climate change; urges the Council to agree as soon as possible and in the framework of the Copenhagen summit conclusions and the G-20 compromises on firm financial commitments that enable developing countries to cope with deteriorating climatic conditions and to ensure that assistance needed due to the economic crisis will not lead to a relapse in external over-indebtedness;
Amendment 19 #
Draft opinion
Paragraph 3
Paragraph 3
3. Takes the view that EU development policy should not impose EU interests, such as the opening up of markets for EU export and investment, on developing countries; notes that external factors also contribute to corruption problems in developing countries, in particular in the context of PPP; asks the Commission; asks the Commission, the Council and the European Investment Bank to make the provision of microcredit to SMEs and small-scale farmers a priority of development cooperation, thus fostering sustainable regional economic structures;
Amendment 34 #
Draft opinion
Paragraph 5
Paragraph 5
5. Asks the EIB to ensure that its guarantees and investments are not executed through tax heavens; asks the EIB not to rely on IMF conditionality criteria, but insteaimpose unjustified conditions and to take a lead in implementing the ILO concept of 'decent work' in its projects; takes the view that the EIB should focus its recruitment policy in favour of environmental and development expertise;
Amendment 37 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Calls for the report to be prepared by the International Monetary Fund for the next G20 meeting on the contribution to be made by the financial system towards paying for the burdens associated with the different government interventions to look at all the direct and indirect burdens imposed on public finances and, in particular, their impact on the budgets of developing countries;
Amendment 39 #
Draft opinion
Paragraph 6 b (new)
Paragraph 6 b (new)
6b. Urges the Commission to present a communication on how a tax on international financial transactions can, inter alia, help achieve the Millennium Development Goals, correct global imbalances and promote sustainable development worldwide;