Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-02-11-Speech-3-277"
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"en.20040211.11.3-277"2
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"Mr President, Commissioner, in mid-2001, we discussed the Esclopé report concerning the desirability of the increase of the limit for damages in the case of maritime oil disasters. The Council’s common position has been long overdue. The International Maritime Organisation has, however, decided to raise the limit of existing funds to 750 000 Special Drawing Rights and thus placed the limit virtually at EUR 1 billion, so this addressed the point that this House made in the Esclopé report. We would therefore like to congratulate those Member States that belong to the International Maritime Organisation (IMO) on this decision. It does justice to reality and gives guarantees for an adequate financial arrangement in the case of oil pollution. This does not detract in any way from the fact that prevention is better than cure. I hope that this elaboration of the liability regulation offers encouragement in this respect. Consequently, the report by our ex-President receives my wholehearted support."@en1
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