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| EU Goods in Foreingn Markets | |
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| Tweet Topic Started: May 12 2015, 07:41 AM (222 Views) | |
| Litos | May 12 2015, 07:41 AM Post #1 |
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Itō Hirobumi
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Reinhard Silberberg EU Representative Germany would like to bring to the attention of the members here the competitive advantage EU goods have the potential to have in foreign markets which are either of low quality and high production with low costs, or of low production but high costs and quality. In both these market,s Europeans have the chance to shine but our goods are overshadowed in places like China by Americans, who have more judiciously negotiated trade deals. Let us remember that Bessemer Steel in the United States was outcompeted by our companies here in Europe. We propose parts of the European budget from our least efficient programs, say the CAP, are brought instead to industrial modernization by loans to companies applying to reduce their costs to the lowest possible average costs, increasing efficiency. Meanwhile, we ask that all delegates work on negotiating trade deals with China, the USA beyond ITTP, and Canada. Edited by Litos, May 15 2015, 06:15 PM.
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| winisle | May 12 2015, 08:33 AM Post #2 |
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The United Kingdom would very much welcome a reduction in CAP spending, with a view to use the funds to help other parts of EU industry. What we do feel should be done is to use funds recovered from CAP to provide start-up capital, to fund an EU New Ventures Administration so to speak, in order to promote new ideas and companies. We also welcome the thought of rekindling the ITTP process, and for the EU to approach other nations and/or groups of nations in a similar fashion. |
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| Sadar | May 14 2015, 12:24 AM Post #3 |
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Philippe Étienne France While we are open to negotiate the CAP reform, we think of the primary sector as of vital strategy to self-maintenance and we would like to see the CAP not reduced but reform into a more efficiency-producion program. The matter here is that on the one hand Europe doesnt support enough start-ups, on the other hand we dont reach sufficient internationalisation. As such, we propose to give the European Investment Bank a larger role to finance start-ups. It is a succesful project of the EU, and it should be further developed. We propose to increase its capitalisation of 50% by 2022, both with private capital and public financing. Within the EIB, its the European Investmen Fund that support SME financing. Currently, the EIB owns 62% of the EIF, the European Comission 29% and private sector 9%. Reducing state-ownership to 51% will allow further private capitalisation, thus larger financing means for the EIF. |
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| winisle | May 14 2015, 04:39 AM Post #4 |
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For that to work, we feel that the EIF needs to start to take an more active role, to help, guide and present fledgling companies with more than backing for commercial loans. |
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| Litos | May 14 2015, 06:11 PM Post #5 |
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Itō Hirobumi
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Reinhard Silberberg EU Representative We agree with the plans laid before us and the accomplishing of the goals of the French delegate through the existing EIF. We suggest a 100% increase in the funding of this program, which we have already replicated in Germany and to great effect for public-private business relations. We suggest that, to achieve efficiency in the CAP, we: - Pay by farmer - Subsidize crops based on current and predicted market demand - Grant loans to reform production to lowest average cost The performance of our export goods meanwhile has to be improved through using our monetary policy to depreciate the Euro and allow for competitiveness in this environment of currency war with no end in sight. At existing oil prices, this helps almost all our countries. |
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| winisle | May 15 2015, 03:34 AM Post #6 |
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The United Kingdom will not accept, nor agree to, any changes in CAP, nor any changes in EU policies or treaties that puts an artificial downward pressure on the Euro in order to increase the competitiveness of Eurozone nations over other EU nation. |
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| Sadar | May 15 2015, 03:42 AM Post #7 |
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We agree with Germany on the CAP reform and ask the UK to support it provided it doesnt increase the budget, which was the red line drawn by the UK rep. previously. We will support a larger role of the EIF via increasing its capitalisation through PPP that will semi privatise the EIF. Finally, regarding the Euro, we want to see the Euro floating in the market. However, that is a different mattrr that will be discussed by the Eurozone members. In addition, the independence of the ECB shouldnt be put at risk. However, stating the ECB goals along with growth could be discussed. |
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| winisle | May 15 2015, 03:53 AM Post #8 |
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What we risk, if Eurozone nations starts to put downward pressure on the Euro, or agree to terms that is purely for the benefit of Eurozone nations, is that non-Eurozone EU members is hurt by those decisions. That is what we feel must be addressed as well when Germany talks about artificially decreasing the value of the Euro. And, may we remind the French representative on the fact that the CAP is discussed in more than one venue, and if we are getting close to a negotiated proposal that can be put towards some sort of decision, those areas must be entered as well. |
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| Litos | May 15 2015, 06:34 AM Post #9 |
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Itō Hirobumi
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Reinhard Silberberg EU Representative Technically the euro's value is an ECB decision, but out of the interest of the unity of the economic pact, which severely straighjackets the room for maneuver of countries outside the Euro, we agree with Britain and will not be pushing the question of a lower Euro. That said, due to slowing economic growth in Europe and the UK, we suggest a 10% devaluation in Euro and Pound Sterling in tandem. QE money could be used to repay government debt in the mean time. So far my government has not heard back from the EU regarding trade. Despite their recent erraticism in foreign policy, it might be monetarily beneficial to contact Russia. We will send out a feeler. Furthermore, China has expressed great interest in EU-China deals. The reality of the overextension of US attentions is that they may not currently have time for us, so we should settle on all profitable deals we can grab. There appears to be a consensus on efficiently reformation of the CAP. We'd like to propose the following draft resolution:
Passage will mean immediate results in the increase of our economic efficiency. |
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| winisle | May 15 2015, 06:45 AM Post #10 |
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The United Kingdom would like to suggest that the two measures are split. We would readily support the second one, that is:
While we are more reluctant to support the first one at this time, we feel that the second measure is good to go. The United Kingdom does not feel that there is a need for a devaluation of the Pound, with all the inherent effects that it has on interest rates and so on. |
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