Brussels, 25/01/2000 (Agence Europe) - European Commissioner Pascal Lamy, responsible for trade, is proposing to create conditions for launching a new multilateral trade round on the liberalisation of world trade before the end of this year. On Tuesday, he revealed to the European Parliament the main lines of a package that he will soon submit to Committee 133 of the Union Council, in the form of a working document, before presenting some ideas to the General Council of the World Trade Organisation (WTO) on 7 February, and then the whole plan to Geneva in one month's time.
The idea, he explained to a small group of journalists, is to draw lessons from the ministerial conference in Seattle by focusing on a series of less controversial and less visible questions. We must try to rekindle the process as soon as possible, he said, considering another failure would be absolutely catastrophic. Mr Lamy, however, does not rule out the fact that a further ministerial WTO meeting may be held this year. One must not wait for the result of US presidential elections, as this would take us too far and, he said, he is not sure that a new administration would place us in a situation that is much more favourable.
The package of preliminaries aimed at creating a certain consensus in Geneva and restoring confidence in WTO would be "a test (…) as to whether there is sufficient will and determination to launch a new round", added Mr Lamy. The limited agenda, which should be more "digestible" would allow the difficulties encountered in Seattle to be divided, leaving the problems of substance for the continuation of work, and would cover two sections:
This being the case, "we have also a tough task at bilateral level, with the United States and certain LDC, to reduce or reabsorb difficulties of substance", stressed Mr Lamy. Finally, he pointed out that an informal meeting of EU trade ministers will be held in Porto on 18 March. It will then be possible to discuss the prospects of launching a new round of talks.