Published: Wed, 18 December 2024
Share this
Seán Kelly, MEP for Ireland South and Leader of Fine Gael in the European Parliament, has called for Europe to reaffirm its leadership in promoting an open, pro-trade global order, cautioning against the rise of protectionist policies. Speaking ahead of this week’s EU leaders’ strategic discussions on the EU’s role in the world, Kelly stressed the critical need for cooperation and openness in global trade.
“Protectionism may seem like a quick fix, but it ultimately raises costs for businesses and consumers, stifles innovation, and undermines the partnerships that are essential for growth and resilience,” said Kelly. “The EU must remain steadfast in its commitment to an open and rules-based global trade system. Turning inward will only weaken our position on the global stage.”
Kelly highlighted the importance of the EU’s relationship with the United States, noting the economic partnership supports over 16 million jobs and accounts for nearly a third of global GDP: “The transatlantic relationship remains the largest economic partnership in the world,” he said. “A trade war with tariffs and barriers would harm our shared prosperity. It’s in neither our interest nor America’s to jeopardise this critical partnership.”
Pointing to potential risks posed by isolationist policies, Kelly warned of the economic fallout of protectionist measures. “In the United States, for example, the proposed tariffs on Chinese imports would not only drive inflation but also reduce disposable incomes, costing households dearly. These policies harm businesses and workers on both sides of the Atlantic.”
Kelly also underlined the strategic necessity of closer cooperation with the US and UK. “As we face mounting security threats from Russia and fierce competition from China, deeper collaboration with our transatlantic partners is not optional—it is essential. Together, we can better safeguard our shared interests and values,” he said.
Addressing concerns about navigating differing political perspectives, Kelly acknowledged the challenges posed by recent developments: “The American public has spoken decisively in re-electing Donald Trump. While I do not share his worldview, it is up to us in the EU to demonstrate that transatlantic cooperation serves both our economic and strategic interests,” Kelly stated.
Concluding his remarks, Kelly urged the EU to remain a champion for open markets and global cooperation. “Europe must lead by example, showing that a pro-trade approach fosters prosperity, innovation, and security. In these uncertain times, our commitment to an open global order is more important than ever.”