Brussels, 29/05/2000 (Agence Europe) - European Commissioner Pascal Lamy has informed Washington of the Union's "serious concerns" about the compatibility of the US proposals on Foreign Sales Corporations with the rules of the World Trade Organisation. It will be recalled that a WTO panel declared the FSC system illegal. In the absence of a solution in conformity not only with the panel's verdicts but also with all WTO agreements, the Union could trigger a new procedure in Geneva, on 1...