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EU Goods in Foreingn Markets
Topic Started: May 12 2015, 07:41 AM (225 Views)
Litos
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Itō Hirobumi
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
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UK votes AYE
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Jos1311
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Head Admin
Please provide more detail in how the funding will be provided exactly, which states will contribute what?!
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Sadar
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OOC/ It can be done respecting the EIB ownership structure, seems fair. Note that actual government / public spending in neglictible, as its the private sector that contributes to at least 4,200,000,000 of the 4,500,000,000 capital increase.
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Litos
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Itō Hirobumi
OOC: Yeah that, but also we could just raise the EU's fees ever so slightly (this is a small program but will generate good GDP impacts by cross-border entrepreneurship and trade). Honestly since it's such a process (a fun one, but a long one) talking resolutions through and they can't nearly be in the same detail as personal actions, I'm hoping they can be processed with a bit more leeway, with EU bureaucrats deciding some smaller matters.
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Litos
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Itō Hirobumi
We suggest the following amendment:

Quote:
 
Membership fees will be raised slightly to cover expenses the private sector cooperation cannot.
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winisle
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The United Kingdom will not accept an increase in the fees that it is currently payin the European Union. We suggest that some of the fat is trimmed from un-productive programs and be put towards this instead.
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Sadar
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Members who desire to contribute to this funding should do it, and reflect it in the EIB stakeholer structure.

EU institutions will require a total of 7,650,000,000 of funding from public institutions. Of this, 5,700,000,000 from the EIB with direct funding from member states. Previous EIB contribution was 2,790,000,000. Thus, 3bn are needed in order to reach the EIB funding needs. That will be directly financed through a capital increase in the EIB.

Currently, the EIB has a capital of 243,000,000,000. Thus extra 3 bn of direct financing is needed. And from the EC, extra 600 mn are needed.

We propose the following:

- 1.6 bn are shifted proportionately from the CAP into this program to finance the 600 mn of the EC and 1 bn of the EIB.

- 2 bn are directly finance by members respecting the EIB ownership structure. That is, he UK, France, Germany and Italy shall put froward 320mn each only.

Would that be supported by the UK, Germany and Italy?





Edited by Sadar, May 22 2015, 10:34 PM.
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winisle
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No, it is not acceptable to the United Kingdom. The funding must be found within the current EU budget.
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Sadar
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France will bear the cost not provided by the UK, but it will be reflected of course in the EIB ownership structure. France is ready to put up to 800 mn on the EIB.
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Litos
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Itō Hirobumi
We don't think that measure will be popular with the French public and urge against it.

We should find the money by taking 3 billion from the much larger CAP and research and development programs, or issue that the ECB should lend the debt using issued currency.

The alternative is a full and massive efficiency audit in the style that we have conducted with our own subsidy programs reducing the average cost per product and shaving off that which can't be reformed to hit the targets we've set. Hiring private sector experts is the ideal way to provide this streamlining.
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