Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-11-14-Speech-3-215"

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"en.20011114.10.3-215"2
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"Mr President, those of you who know me will be aware that I do not usually speak in favour of public aid which distorts competition. That does not mean that I do not recognise that some of this public aid makes sense and must continue if it contributes to the objectives laid down in the Treaty. Despite this, and precisely because this is one of those cases, I would like to express my total support for the Commission’s proposal and the amendments presented by the competent committees, which propose a defensive and temporary mechanism in the ship-building sector in order to confront the unfair practices of South Korea. In this section, there is no room for solutions such as that proposed by the Group of the European Liberal, Democrat and Reform Party, which, by taking an extremely orthodox position in opposition to public aid, would have disastrous consequences for the European shipbuilding sector. There is absolutely no doubt that the Republic of Korea is practising dumping in the sector, and for this reason the European industry cannot compete. It is true that the Commission has begun proceedings before the World Trade Organisation to combat this unfair competition, but it is also the case that, while this procedure is under way, the European ship-building industry could disappear, with significant repercussions for employment. We must bear in mind that there are two elements to this aid which make it worthy of support: firstly, it is transitional, it will only be granted until the WTO resolves the dispute in question, and secondly, it is defensive, it is a response to aggressive unfair competition by the Republic of Korea, and for these reasons it is perfectly acceptable. Furthermore, the amendments approved by the competent committee are acceptable, since they include certain types of ship which are also affected by these unfair practices on the part of Korea. The rapporteur has been informed of the existence of a possible legal report by the services of the Council which opposes these measures proposed by the Commission. While we do not know what these legal arguments are, we must be content with the legal reports of both the European Parliament and the Commission, which speak of the suitability of the aid as proposed by the Commission, which is neither substantially distorted nor modified by the proposals which have been approved in the Committee on Economic and Monetary Affairs."@en1

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