Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-03-08-Speech-2-278"
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"en.20050308.23.2-278"2
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".
As the honourable Member has rightly pointed out, the United States has threatened to withdraw as of 1 March 2005 tariff concessions on a number of EU products, including canned peaches, as a reaction to the EU’s decision to modify its WTO schedule in respect of husked and milled rice.
The United States would have such a right if the EU’s modification did not maintain a general level of reciprocal and mutually acceptable advantages and concessions no less favourable to trade than prior to the modification pursuant to Article 28 of the 1994 GATT agreement.
However, thanks to intense negotiation between the two parties, an agreement has been reached with the result that the United States has not applied its retaliation list. So the issue has been resolved."@en1
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