Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-12-13-Speech-3-229"

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"en.20001213.9.3-229"2
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". – In its report adopted on 15 November the Commission concluded that operating aid under Regulation 1540/98 has not provided a solution to the problem of South Korean pricing practices. However, among the various actions proposed, it committed itself to examine as soon as possible the possibilities to propose measures to address the Korean problem in accordance with the Regulation. At its meeting of 29 November, the Commission reaffirmed that it is against any prolongation of operating aid. However, it indicated that it is ready to explore the possibilities for greater use of national support for research and development, including appropriate changes to Regulation 1540/98. The Commission also recalled that substantial funding for research and development is available under the Community research framework programme. As regards trade actions, on 2 December the Commission published its decision to open an investigation following industry's complaint under the Trade Barriers Regulation (TBR). In the context of this TBR procedure, the Commission can decide to resort to WTO dispute settlement procedure unless a mutually satisfactory solution is agreed with the authorities of the Republic of Korea. The final investigation report will be transmitted to Member States by April 2001. In addition, if in the framework of the TBR procedure the Commission does not achieve a negotiated solution with Korea satisfactory for the European Union, the Commission will report to the Council by 1 May 2001 and will propose to bring the case to the WTO in order to seek remedy against unfair Korean practices. In addition, the Commission will, at the same time, propose a defensive temporary support mechanism, specifically designed to counter unfair Korean practices for a period necessary for the conclusion of the WTO procedure. This mechanism will be limited to those market segments where it has been demonstrated that EU industry has been directly injured by unfair Korean trade practices. On a multilateral level, the Commission will pursue its efforts to establish a level international playing field for the shipbuilding industry within the OECD. The Commission's position was presented to the Industry Council on 5 December and the Council welcomed the Commission's determination to tackle the problem of unfair Korean competition and took note of the Commission's proposals in this regard."@en1
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