Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-11-17-Speech-3-183"

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"en.19991117.6.3-183"2
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"Mr President, the new round of trade negotiations will take place five years after the conclusion of the Uruguay Round. And here we MEPs clearly have to communicate the concerns of our electors with regard to this round, which will be very important. There is an aspect in relation to which we can say that our results are bad. I refer to the dispute settlement procedure. We have had two significant disputes – over bananas and hormones – which the European Union lost, and there has been one dispute which we have not even dared to put before the settlement system: I am referring to the American Helms-Burton and d’Amato laws for extra-territorial application to European companies. I have the impression that this issue will have to be reviewed at the World Conference, at the World Round. I believe that we will have to see how the mechanism for the settlement of disputes can be adjusted according to the needs. There are also other legal aspects, because the Treaty of the World Trade Organisation is not a unique treaty. There are other international treaties, such as those agreed within the framework of the International Labour Organisation, the World Intellectual Property Organisation and the multilateral agreements relating to the environment. I hope that in the Seattle Conference these issues will be dealt with in such a way that the new agreements will, within the framework of the World Trade Organisation, bring about an appropriate legal framework."@en1

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