Egypt's gold reserves surges to $16.55b in October – CBE    Egypt's MSMEDA helps 18,000 SMEs win EGP 1.25b in state contracts    Giant CMA CGM ship transits Suez Canal, signaling return of megavessels    Suez Canal sees largest container ship in two years as traffic returns    Egypt's government complaints system received 193,000 requests in October    Egypt launches world's largest palm farm in Toshka, Al-Owainat with 2.3 million trees    Egypt's Foreign Minister discusses Gaza, Sudan with Russian counterpart    Russia's Putin appoints new deputy defence minister in security shake-up    Iraq's PM says holding elections on schedule is a 'major event' for the state    UNESCO General Conference elects Egypt's El-Enany, first Arab to lead body    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    Egypt to adopt World Bank Human Capital Report as roadmap for government policy    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches new cancer pharmaceuticals sector to boost drug industry localization    Egypt, Albania discuss expanding healthcare cooperation    25 injured after minibus overturns on Cairo–Sokhna road    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Egypt's PM pledges support for Lebanon, condemns Israeli strikes in the south    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt, Medipha sign MoU to expand pharmaceutical compounding, therapeutic nutrition    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Reaffirming Europe
Published in Daily News Egypt on 06 - 04 - 2009

ROME/STOCKHOLM: The ongoing global economic crisis is shaking beliefs and approaches that have long been enshrined in European policies. Indeed, the crisis is calling into question the very foundations of the European Union. There is thus an urgent need to reassert the core character and identity of Europe. The very nature of our European model - a model that is open internally, externally, and globally - must be reaffirmed.
Internally, Europe should remain both an open society and an open economy. We should fight against the protectionist temptations that would unravel the very foundation of the European project, a project based on the "four freedoms : free movement of goods, people, services, and capital.
But the European economic recovery plan that was recently reaffirmed by the European Council of Ministers is mainly focused on national measures to support domestic demand. In implementing this plan, governments must refrain from the temptation to turn national measures into narrow protectionist schemes. Such a development would threaten growing unemployment in Europe and elsewhere, and make fighting the crisis much more difficult. So a return of economic, social, or political nationalism is simply not an option.
Indeed, intra-EU trade today accounts for nearly two-thirds of EU member states' total trade. And the EU itself is the leader in world trade, accounting for 18%, followed by the US and China. Even the free circulation of workers and people in Europe is a well-established and positive reality: 2% of EU citizens - more than 10 million people - reside in a Union member country other than their native one.
Moreover, in 2006, 57% of European citizens declared themselves ready to move abroad for professional reasons. Among these, young Europeans are the most motivated (a half-million EU young people are already studying in another country).
The crisis must also not become an excuse to create new institutional formats that jeopardize the delicate balance between the different EU institutions, a balance that - through appropriate adjustments - has been proven by the test of time. Of course, the crisis does highlight the need to strengthen the EU's institutions and instruments for common action and coordination. We need final and complete ratification of the Lisbon Treaty in order to have the institutionally and internationally stronger European Union we need.
Nor should today's uncertainties become an excuse to call into question the need to continue and complete the process of EU enlargement. Extending the EU's area of freedom and democracy, peace, stability, and prosperity, especially throughout south-eastern Europe, is in the interest of every European citizen.
Indeed, we need to send a strong signal to our neighbors in the Western Balkans that their European perspective is still alive, as reaffirmed by the European Heads of State in 2008. And we remain convinced of the strategic and economic benefits of bringing Turkey into the Union. Of course, the process of accession depends on the readiness of the adhering countries, but it should not be halted or slowed down.
Globally, Europe needs to promote an open, inclusive, and effective system of international governance. Through its wide-ranging experience of convergence of national interests and values, the EU has emerged as a model of multilateralism and as the most powerful normative actor in all areas of governance.
The EU is ready to play a major role in building a new system of global governance. This requires further development and deepening of strategic relations with emerging powers, such as China, India, and Brazil, as well as with regional organizations. This is precisely what Italy has been promoting during its current presidency of the G-8. We need to integrate today's emerging powers into a new system of global governance. The latter, however, should be ready to share the burden with us.
This is also the moment to inject new energy into the Doha round of global trade talks. A successful conclusion of the round would be the strongest possible action to counter protectionist tendencies and resume growth in world trade.
Finally, in times of economic crisis we should be guided more than ever by our common democratic values - the inner dimension of our European identity and a crucial unifying factor for our societies. They are also a powerful tool for European leadership in global affairs. Europe has a special role to play in securing a better world where human rights and individual freedoms are widely and fully respected. We must not shy away from our responsibilities.
Carl Bildtis foreign minister of Sweden. Franco Frattini is foreign minister of Italy.This commentary is published by DAILY NEWS EGYPT in collaboration with Project Syndicate (www.project-syndicate.org).


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