Also priceless in the Fukuyama speech is the litany of hypocricy on the part of the Eurocrats:
There are a number of areas where the Europeans have acted unilaterally in economic matters, and in ways that at times contravene the existing legal order. The EU resisted unfavourable decisions against them on bananas for nine years, and beef hormones for even longer. They have announced a precautionary principle with regard to genetically modified foods, which is very difficult to reconcile with the WTO