IN order to tackle the economic crisis, a European Commission Commerce Committee meeting in Palma has agreed on promoting the services and products of the 27 member states outside its borders.
Some 60 delegates have been attending the meeting to discuss how trade outside the EU can help the Union on its way to economic recovery.
External Trade Secretary, Alfredo Bonet who has been heading up the informal meetings said yesterday: We can't ask other countries to open up their trade borders to us if we keep EU boundaries closed. If the EU wants to trade with emerging markets such as China, India and Brasil, said Bonet, the EU must allow them to sell their products and services to the European Union.
International trade has always been one of the driving forces behind economic recovery, both in the history of Europe and individually of Spain, claimed Bonet.
He said that apart from the export of goods, particularly food products, the EU wants to sell its services to other parts of the world as well as develop strategies for the protection of the intellectual and industrial property rights of European-based companies.
The debate is pre-empting the development of the EU's Strategy for 2020 due to become official this autumn, which will set out the EU's international commerce policy over the next 10 years.
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