9th European Business Summit – Europe in the world: Leading or lagging?: extracts from session 8 with the participation of Štefan Füle

Type: Speech - summary   Reference: I-069952   Duration: 10:03:07  Lieu:
End production: 18/05/2011   First transmission: 18/05/2011
On 18 May 2011, Štefan Füle, Member of the EC in charge of Enlargement and European Neighbourhood Policy, took part in the Session "EU-Turkey - Building bridges for prosperity" in the framework of the 9th European Business Summit which took place in Brussels. The 9th European Business Summit (EBS) – edition 2011 - focused on Europe’s place in the global economy, today and tomorrow. In which areas is the EU lagging behind and what are the business opportunities where it can regain the lead? How can Europe move from lagging to leading and ride the new waves of growth?

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10:00:05 Title 00:00:07
10:00:12 General view of the conference room 00:00:48
10:01:01 Soundbite by Štefan Füle, Member of the EC in charge of Enlargement and European Neighbourhood Policy (in ENGLISH): and even much more than that: Turkey is a partner of key strategic importance to the EU, in terms of security, stability, prosperity and energy supply. I am aware of the impatience of Turkish business on further progress on visa issues, just to mention one important issue related to the business. And this is often forgotten I would like to remind all of us that Turkish migrant worker make a vital contribution to the European economy even with the current visa regime. But more importantly, the Justice and Home Affairs Council of February this year has opened a clear perspective for an intensified cooperation on visa issues. 00:00:51
10:01:52 Soundbite by Štefan Füle (in ENGLISH): at the same time, the European Union is the key strategic ally for Turkey as well: we provide most of its technology transfers, 2/3 of its FDI, and we are its biggest trading partner. Yet this massive mutual interest often goes unreported and unacknowledged as media coverage focuses on the political challenges facing the accession process. And we have to recognize that there are important political issues that currently impede progress in the accession negotiations. And I would expect the Turkish government to address these political issues in a decisive manner after the elections. 00:00:04
10:01:57 Cutaway of the audience 00:01:06
10:03:03 Soundbite by Štefan Füle (in ENGLISH): looking to the future, our common challenge is to deepen EU-Turkey integration even further. The accession negotiations are the best tool to do this, not just in the narrow economic sense but also through anchoring the rule of law. I would like to emphasize that continuation of structural reforms is of vital importance in order to ensure the sustainability of the economic gains of recent years and to better protect the economy from future shocks. Furthermore, a long-awaited revitalization of Turkey’s political and institutional reform process to accelerate the country’s democratic and economic transformation would further strengthen our business and economic ties and attract even more investment. 00:00:03
10:03:07 General view of the conference room 00:00:00
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