Speech by Cecilia Malmström, Commissioner for Trade to the European Parliament on Modernising Trade Policy – Effectiveness and Responsibility
The forthcoming trade strategy will highlight these areas:
One: the benefits of trade for all: our economy in general, consumers, entrepreneurs, SMEs
and the poorest countries.
Two: trade policy’s commitment to our values in the world, supporting our foreign policy,
promoting the respect of human rights, social and environmental rules.
Three: transparency and accountability: I have made transparency one of the top priorities
for this mandate. Many trade documents, including the trade negotiating mandates that were
secret in the past are now publicly available.
The trade strategy will confirm this trend and will move further on transparency, with more
dialogue and consultation with the European Parliament, national parliaments and civil
Therefore, our approaches to put these principles into practice need to be adapted and to
reflect new realities. That is why I am preparing an updated trade strategy. It’s still a work
in progress, which is why we’re here today to get your views. Read the speech in full here