Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-16-Speech-3-058"

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"en.20010516.3.3-058"2
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"The Bonn Declaration was most welcome in that it committed the European Union and the United States of America to a full and equal partnership, and of course the EU and the US are both partners and competitors, particularly in trade matters. It is important to stress the scale of the economic relationship currently worth USD 2 billion a day, but where there is competition there will inevitably be some areas of conflict and friction, and part of the nature of the relationship is to try and contain that friction. I would like to quote from a Commission document about how to avoid or minimise new trade disputes. It says that we should consult before legislating, negotiate before litigating, compensate before retaliating and comply at any rate. That might be a lofty target but one worth aiming for. I want to comment too on Commissioner Patten's very welcome statement that he did not see any connection between being European and anti-Americanism. He is absolutely right. To be European is also to encompass a generous inclusivity about people's notions very different from our own. There are of course important outstanding trade disputes, the foreign sales tax one in particular, and it was worrying, to say the least, that President Clinton's last speech before he left office contained some barely veiled threats about the future of the Airbus deal and a possible dispute. Finally I want to commend the part of the resolution that welcomes the Transatlantic Legislative Dialogue on which this Parliament has set such great store, and I very much hope we want that to continue and be strengthened as part of a constructive and good-tempered dialogue."@en1
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