Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-11-Speech-4-114"
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"en.20071011.19.4-114"2
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The conclusion of this agreement is intended to meet long-standing needs on both sides of the Atlantic, with obvious benefits for consumers resulting from further liberalisation and regulatory convergence worldwide. For the EU, it will also serve to guarantee compliance with Community legislation.
The work carried out to conclude this agreement must therefore be applauded as the new legal framework ensures wide-ranging agreement on the creation of an integrated transatlantic aviation market that will be to the benefit of both consumers and companies.
However, on reading this agreement, it is apparent that the removal of restrictions on foreign control of US airlines is somewhat disproportionate and, in addition, cabotage has not been included. The European Parliament’s suggestion to include subsequent stages, deadlines for conclusion and consequences of any non-compliance in this phased approach to the agreement is therefore crucial and should be applauded. Furthermore, conditions have been laid down for re-establishing full reciprocity in the EU-US aviation market if the negotiations do not achieve the balance desired by both parties.
To sum up, this is a good start towards objectives not yet achieved."@en1
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