XXII Ibero-American Summit, in Cadiz: press briefing by José Manuel Barroso

Type: Complete press conference   Reference: I-075311   Duration: 10:06:24  Lieu:
End production: 17/11/2012   First transmission: 17/11/2012
On 17 November 2012, José Manuel Barroso, President of the EC, participated in the 22nd Ibero-American Summit, in Cadiz, Spain. On this occasion, he made a statement in which he highlighted the vast potential that exists to strengthen cooperation in the area of economic growth and international trade.

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10:00:00 Statements by José Manuel Barroso, President of the EC, (in SPANISH) that his participation in this Summit is two-fold. First of all, it forms part of his commitment to this process since its creation over twenty years ago. Secondly, as President of the European Commission, this Summit is a new opportunity to reaffirm their commitment to the ever closer union that joins together the countries of the EU and Latin America and the Caribbean (LAC). How can this commitment by the European Union be fulfilled? It is important to meet the political commitments of the Summit in view of the next EU-CELAC Summit, which will be held in Santiago, Chile, on 26 and 27 January 2013. It is also the perfect opportunity to prepare for their next dialogue, where the focus will be on quality investments and their importance for sustainable development. Latin America is an important trading partner of the EU, which also shows great interest in strengthening its economic ties with the EU, its second largest trading partner and its leading source of foreign direct investment. Indeed, trade figures have more than doubled since 2004, reaching over 202,000 million euros in 2011. The EU is the leading investor in the region. With over 385,000 million euros, the European Union’s foreign direct investment portfolio in LAC countries exceeds its equivalent in Russia, China and India combined. The economic and political potential of Europe and Latin America is huge. Their goal is to reaffirm and reinforce bi-regional relations between the EU on one hand and Latin America and the Caribbean on the other. They are firmly committed to preserving the EU’s economic and political interests in the region, particularly in terms of investment, free trade, the opening up of markets and the fight against protectionism. He believes that this telegraphic means demonstrates, in practice, their commitment to EU actors in the region. Since he is in Cadiz, he would like to say a few words on Spain and the economic situation. Yesterday, he had a fruitful meeting with Mariano Rajoy Brey, President of Spain, in which they reviewed the European and Spanish agenda. At their meeting, they shared views on the future of the EU’s budget for the 2014-2020 period, in view of the next European Council which will be held on 22 and 23 November. Both he and President Rajoy stressed that this budget would create the right conditions to increase investment, enable the economy to grow in a sustainable manner and create jobs. The priority is and should be growth. The European Union’s budget is the main instrument to support investment for growth. 00:04:09
10:04:09 [Silent passage] statements by José Manuel Barroso (in SPANISH) that they also discussed the economic situation in Spain in detail. The Spanish government and people are making significant efforts to ensure the sustainability of public finances - efforts that involve considerable sacrifices for a large part of the population - and to stimulate competitiveness, sustainable growth and job creation. The Commission has announced that Spain is taking effective measures to correct the excessive deficit, which means that they have decided not to request additional measures from Spain this year. He is aware that many Spanish people continue to face a very difficult situation, especially because of the unacceptably high number of unemployed people. At the Commission, they are using all the tools at their disposal to restore growth in Europe, create jobs and resolve the serious social problems currently facing European citizens. Therefore, to tackle youth unemployment, the Commission will present a range of measures on 5 December 2012 aimed at promoting youth employment, and others on quality of learning and youth mobility. His presence here in Cadiz also reflects the strategic importance the EU attaches to its relations with the countries of Latin America. And he cannot fail to stress the role played by Spain and Portugal in the course of highlighting the essential nature of these relations for the European Union. It is right to remember the exceptional leadership of Portugal and Spain and the contribution made by these two countries to developing relations between the European Union and Latin America. No other part of the world is closer to Europe than the American continent. They are natural allies and have developed a growing relationship of interdependence. Two hundred years ago, the Spanish and Portuguese from this side of the Atlantic and from the other, here in Cadiz, gave an example of democracy and freedom, cooperation and willingness to be actors in international relations. Today, they have given the same message to the international community, including from Cadiz. 00:01:47
10:05:56 Statements by José Manuel Barroso (in SPANISH) that he believes that they can all work together and has confidence in Europe and in its ability to successfully meet the challenges it currently faces. He is available to answer questions. 00:00:27
10:06:24 Q&A session 00:06:19
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