Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-02-06-Speech-3-339"

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"en.20020206.15.3-339"2
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"Madam Commissioner: the PPE-DE broadly supports the Galileo project in principle. We recognise the case for a complementary and alternative satellite radio navigation system. We recognise the importance of maintaining European technological capability for space activity. We welcome the emphasis on a civil project intended ultimately to be commercially viable in a number of fields such as communications and Earth observation, as well as position – finding. The difficulty lies in determining how to fund a venture until it becomes self-financing, particularly in view of the large sums of upfront investments required. We want to see industry fully involved in the planning, specifications and preparatory stages to ensure a better chance of technical success. That is why we have reintroduced amendments to lower the entrance fee for business to be part of the Joint Undertaking. We see no particular merit in the proposal for a development company at this stage which duplicates the Joint Undertaking structures. We are mindful of the difficulties of funding such a large-value infrastructures project solely from the private sector, which is why we have put forward the amendment enabling some funding to come from defence budgets provided it is used only for peacekeeping purposes. This merely supports the comments made in Annex 1 of the Commission's own information note concerning strategic considerations. In closing I would say that it is a great pleasure to be here as the other half of "les deux gilles ciel et espace" club, with my colleague, Mr Savary."@en1
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