Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-02-07-Speech-4-105"
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"en.20020207.6.4-105"2
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".
I wholeheartedly support this report by my Socialist colleague which will endow Europe with an independent technology which can be widely used for several practical purposes, including transport and telecommunications. It is increasingly vital that the EU should develop an independent technology from the only two which exist in Russia and the United States. Presently, we have a precarious situation whereby the EU is reliant on these two countries' systems which could potentially be called into use for military purposes at any point.
Financing for this project has always been a contentious issue: its financial underpinning must inevitably come from the private sector, but the ensuing relationship between the Joint Undertaking and the private sector must be carefully defined. This will preclude any conflict of interests or awkward ambiguity between the partners of this project. In light of this, it is a sound proposal to establish a development company which would effectively act as an arbiter between the partners of this project. Lastly, a monitoring committee which would observe the project throughout its creation will ensure that the project is as transparent and accountable as is necessary."@en1
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