Translation of "politique des taux d'intérêt " (French → English) :

Takes note of Turkey’s increasingly active foreign policy aimed at strengthening its role as regional player; urges the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy to take this dimension fully into consideration and engage with Turkey with a view to the coordination of objectives and the proper promotion of EU interests; calls on the Turkish Government to step up its foreign policy coordination with the EU; welcomes, in principle, the recently pronounced ‘zero-problems’ policy in respect of Turkey’s neighbours ...[+++] but points out the need to maintain Turkey’s unambiguous commitment to our common European values and interests; calls on the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy to intensify the existing dialogue with Turkey on foreign policy issues of mutual interest; in light of the inspiration Turkey provides to many in the Arab world, as a secular democracy with a majority Muslim population, strongly encourages the pursuit of concerted efforts in support of democratisation and development in the Middle East and Northern Africa;

It would also welcome steps by the organisations representing diasporas involved in the development of countries of origin to set up a mechanism that could ensure appropriate representation of their interests at EU level, in particular as far as policies of interest to these countries are concerned.

* Promote exchanges in the area of macro-economic policy, e.g. on the Euro, exchange rate policies, China's economic reform process, and other issues of mutual interest.

(i) activities conducted by a central bank or monetary authority or by any other public entity in pursuit of monetary or exchange rate policies.

1. Where, in exceptional circumstances, payments and capital movements between the Parties cause or threaten to cause serious difficulties for the operation of monetary policy or exchange rate policy in either Party, the Party concerned may take safeguard measures with regard to capital movements that are strictly necessary for a period not exceeding one year.

The exchange rate policy becomes a matter of common interest.