Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-11-16-Speech-2-180"
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"en.19991116.10.2-180"2
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"I do have an answer, which is that if possible it is still in everybody’s interest to have an agreement to allow the undertakings entered into in 1998 to operate. It is in everybody’s interest to see a waiver to Title 4, it is in everybody’s interest including potential investors not to have a trade dispute that not just discourages investment but poisons our overall relations. So far we have not been obliged to have recourse to a blocking statute, we have not had to go to the WTO panel, though it is perfectly clear that in certain circumstances we would have no other choice.
I happen to think that at the moment it makes a lot more sense for me to try to persuade American senators, for me to try to persuade the American Administration to behave sensibly, than to throw up my hands and say we are going to go to the WTO. If the honourable Member has a better suggestion than going and trying to persuade Senator Helms – which I am not sure has been done recently – I would be delighted to hear in all humility what it is. I think for the time being it is more sensible for us, provided there is no action which triggers a recourse to the WTO, to try to persuade the US Administration and the US Senate."@en1
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