Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-03-13-Speech-2-067"
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"en.20070313.7.2-067"2
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"Madam President, firstly I would like to thank the Commissioner for his statement and, indeed, to give him some credit, which he deserves for moving matters forward. I am afraid, though, that I am going to have to disagree with some of my friends here, because, although I applaud efforts to open markets, the markets must be opened fairly and I fear that this agreement does not go far enough.
Not only would the current proposals cause harm to British business, but they could also have a detrimental effect on some of our EU businesses generally as well. What is now on the table will undoubtedly give US companies a substantial share of our unregulated market, while EU companies will be left to fight for the scraps of the US regulated market. I think we should be fighting harder for reciprocal agreements on ownership rights.
In the current deal as I understand it, US interests can own up to 49 % of the voting stock of an EU airline, whereas EU interests can only own up to 25 % voting stock of a US airline, and I am not sure that is fair or open. According to the Court of Justice, any transatlantic negotiation should fully honour Member State bilateral agreements, such as Bermuda II, and I think this agreement does not adequately deal with that.
The Commission is seeking to harmonise its policy and has not taken into account the full differences between states. What we are calling for on this matter is continuing action rather than just dialogue. I think the Commission has certainly moved things forward, but it is also important that, when we go back to the negotiating table in three months’ time – which, again, I welcome – there must be some firm commitments from the United States to take more action in response to our needs in this field."@en1
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