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07-11-2012

EP President Schulz congratulates Barack Obama on his re-election

"On behalf of the European Parliament, I congratulate Barack Obama on being re-elected as President of the United States of America.  The EU and the US are the world's closest allies - our partnership is based on a wide range of common values and shared interests. "

Following the preliminary results of the Presidential election in the United States of America, European Parliament President Martin Schulz made the following statement:

"On behalf of the European Parliament, I congratulate Barack Obama on being re-elected as President of the United States of America.  The European Parliament looks forward to building on our strong and comprehensive transatlantic relationship with President Obama.  

What unites the European Union and the United States of America is far greater than what divides us.  The EU and the US are the world's closest allies: our partnership is based on a wide range of common values and shared interests: freedom, democracy, respect for international law, the rule of law and human rights.  These common shared values form the fundamental basis of our relationship.  

We are also each other main trading partners; the two economies together accounting for about half of the global economic output and nearly a third of world trade flows, making it the largest economic relationship in the world.  

Together, based on our shared values, we must face the challenges that confront us across the Atlantic from promoting peace and consolidating democracy, fighting terrorism and climate change, enhancing sustainable development and energy security, to maintaining free trade and improving multilateral governance.

The European Parliament will work together with the US leadership to ensure a Transatlantic single market is completed by 2015 based on the principle of a social market economy which will give a real boost to our economies.  We must continue to remove unnecessary barriers to transatlantic trade and investment.  

Members of Congress and of the European Parliament must be brought together to ensure the best possible legislation for both sides of the Atlantic. The European Parliament is strongly committed to deepening this relationship, not only at executive-to-executive level, but in the daily business of our two legislatures.  

We must also strengthen people-to-people contacts - be it through increased participation in educational or research programmes for example, not least as together we represent about 10% of the world's population."