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European
Commissioner, DG Trade
What
are the results of the first phase of
the Transatlantic Agenda?
The NTA has been in place since 1995,
and covers 4 chapters of work. What I
think you might be referring to is the
Transatlantic Economic Partnership, which
was agreed at the EU-US Summit in 1998,
and which envisages work in a number of
different sectors to bring about closer
trade ties between the EU and the US.
Do
the commercial differences reflect a deeper
feeling of general discomfort between
the two continents?
This is one of the rather more fallacious
views of transatlantic relations, although
I admit it is very much in vogue.
Transatlantic trade disputes are inevitable
given the extremely high volume of trade
and investment across the Atlantic. It
is of course our job to ensure that we
manage trade disputes properly, but we
should not exaggerate their importance.
Do
you think the NTA really functions?
Again, the NTA functions across a very
wide sector of EU-US relations. The NTA
as a whole is properly the area of Chris
Patten’s responsibilities.
If you are asking about the TEP, I think
it would be fair to say that the record
of the TEP has been mixed so far. It has
provided a forum for extremely useful
discussions on a number of important trade
topics, but it has not produced a major
change in the way trade business is handled
between the EU and US, thus far.
Might
Americans and Europeans not have different
points of view (cf. what we saw in Seattle,
among other things their different positions
on agriculture during the negotiations)
?
Of course Americans and Europeans have
different points of view and interests
as regards a certain number of subjects.
However, as far as a very large number
of points is concerned, our analyses are
very similar, for since we are the world's
leading exporters and importers, it is
in the interests of both to push the liberalisation
of trade within the context of multilateral
rulings. As for subjects about which there
is more debate, and agriculture is one
of these, our viewpoints are not completely
opposed.
As far as agriculture is concerned, the
USA and Europe both have sophisticated
systems of internal support for agriculture
that we wish to maintain, for they, like
us, consider it necessary to ensure the
stability of our farmers' income to a
certain extent.
What we, along with the USA, are saying,
is that we must ensure that this domestic
aid provokes a minimum of distortion in
international trading.
And here the EU stated clearly that it
is prepared to negotiate, for it reformed
its agricultural policy last year which
gives it a margin for negotiation.
The same thing goes for export grants;
this is a specific system resulting from
the difference between global market prices
and domestic prices, and which compensates
for that price difference. As a result
of the EU noticeably reducing its domestic
prices, it will have a lot less need of
these grants in the future.
Of course, this may take a certain amount
of time, it is a question of negotiating,
but there again and contrary to what might
be thought, the EU is ready to negotiate
reductions in this type of support.
Given these underlying trends, we therefore
believe that it is perfectly possible
to reach an agreement between Europeans
and Americans, since the path mapped out
by the Uruguay Round accords and successive
reforms of the CAP is the same one we
have been following and respecting. We
are therefore counting on our partners
recognising this fulfilment of our commitments.
Do
we need to give to the Americans a privileged
status?
We have a very good working relationship
with the US, but I do not see the need
to give the US a privileged status, anymore
than they feel the need to give us such
a status. There is, as I have already
said, an enormous amount of Transatlantic
trade and investment, and that will continue.
There is no need to set up any special
arrangements at this stage.
Do
you think that the negociations with the
United States could possibly improve?
If yes, how would that be?
Please see previous answers. More specifically,
I think we have the current balance broadly
about right. It would be good to see the
TEP becoming rather more productive. I
think we might do a better job of focusing
on the real priorities to achieve in each
six month cycle. This might improve our
output.
How
can all the different interests of the
EU Member States be represented in the
forthcoming WTO negotiations?
Very simply, there has been an active
and successful exercise to ensure that
all the different interests of the Member
States are represented in the forthcoming
WTO negotiations.
The approach of the EU in general is to
ensure that views are properly incorporated
into the negotiating position before the
start of negotiations. In my view, we
also need to reflect on how to ensure
the views of the European Parliament are
also properly reflected in the negotiating
positions taken by the EU.
This may require amendment to the way
the EU institutions function on trade
policy.
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Interview conducted by Ersie Sideris
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The CV and more speeches of Mr Pascal
Lamy are available on DG
Trade website
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