Pascal Lamy signals new round
Search | Trade Policy Monitor | Site Map | Document Downloads | Trade News    
 
 
EU Trade Commissioner Bends

In Brussels on 4 December and in an opinion piece appearing in the 5 December Financial Times, EU Trade Commissioner Pascal Lamy said the time had come for the EU to consider reformulating its position, if a new round of trade negotiations is to be launched.

He said failure in Seattle was due to three main factors: LDC's perception that their interests were not properly taken into account; lack of responsiveness to civil society concerns in industrialised countries; and shortcomings in the WTO itself.

Though there is an element of hope in Mr. Lamy's remarks, upon examination he has not actually committed the EC to press for a reformulation of the EU position. During the Brussels press conference, for example, he said that reformulation could be simply a matter of clarifying the EU position rather than removing elements from it.


We must now go further still in the direction of developing countries, because it is clear that they are yet to be convinced about a Round. Whilst maintaining our overall convictions on the rationale for a Round - more market access and better rules - the moment has arrived to consider reformulating our policy. We will of course consult both inside and outside the EU on this. Depending on the response, the Commission, will, as its role requires, make the necessary proposals.

Secondly, we must address the evident concerns of civil society and public opinion that the current system of governance, including trade policy matters handled in the WTO, lacks transparency and legitimacy. I said in Seattle that the WTO was almost medieval in its organisation, so unsurprisingly, I think they also have a point.

EU Trade Commissioner Pascal Lamy, Personal View, Financial Times, 5 December 2000

He emphasised that the EU is still committed to launching a new round to improve market access and enhance the organisation and rules of the WTO. If adjustments in the EU's position are to be based on consultations within and outside the EU, the EC is many months away from proposing "appropriate initiatives."

The EC has solidified its contacts with European civil society via regular working groups and consultations. It wants the European Parliament more closely involved in the process of developing trade policy, and the recent Nice Declaration suggests this is now close to fruition. On reform of the WTO, Lamy said the EC was preparing ideas to be submitted, and that in the meantime, it was encouraging regional co-operation among groups of WTO member countries.

Profile Services SearchSite Search Trade Analysis Updates
Contacts Trade News Policy Street Link To Us Site Search

For services and information, contact Thunder Lake Management Inc.
Copyright © 1998-2003