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Europe Daily Bulletin No. 7811

2 October 2000
Contents Publication in full By article 11 / 37
GENERAL NEWS / (eu) eu/united states
Procedural compromise in FSC tax affair makes danger of major trade conflict more remote (but does not eliminate it) - Extra month for US reform, one year for possible European sanctions

Brussels, 02/10/2000 (Agence Europe) - The compromise reached on Saturday between the European Commission and the US Administration on procedures to be followed in the FSC (Foreign Sales Corporation) tax affair has made the risk of a major trade conflict more remote, although the risk is still there.

a) The United States Congress has one more month in which to revise the legislation condemned by WTO. The deadline set was 1 October, but the US Senate has not concluded its deliberations. This...

Contents

A LOOK BEHIND THE NEWS
: For an effective and equitable European competition policy, a successful "Monti reform" is needed - Reflections and explanations
THE DAY IN POLITICS
(EU) EU/MIDDLE EAST: After very serious acts of violence in last days, EU denounces provocations and insists on search for peace
(EU) EU/CHARTER OF FUNDAMENTAL RIGHTS: Draft Charter is proclaimed - Letter from Mr Herzog to Mr Chirac - Mr Mendez de Vigo, Mr Braibant, Mr Vitorino and Mr Jansson welcome compromise achieved
(EU) EU/INSTITUTIONAL REFORM: Benelux in favour of elected Commission President and enhanced cooperation among eight
(EU) EU/INSTITUTIONAL REFORM: Commission proposal on appointment and tasks of a European Prosecutor
(EU) EU/UNITED STATES:
(EU) EMU/DENMARK:
(EU) COUNCIL OF EUROPE/CHARTER OF FUNDAMENTAL RIGHTS:
(EU) COUNCIL OF EUROPE/CHECHNYA:
GENERAL NEWS
(EU) EU/RUSSIA: Commission communication to Biarritz Summit to note "Prodi Plan" for energy partnership with Russia - Large scale and lasting project
(EU) EU/UNITED STATES: Procedural compromise in FSC tax affair makes danger of major trade conflict more remote (but does not eliminate it) - Extra month for US reform, one year for possible European sanctions
(EU) EU/OIL: Examination of competitive situation on fuel markets confirms certain perplexities and European Commission will remain vigilant
(EU) EU/MARITIME TRANSPORT: Council agreement on timetable for phasing out single hull oil tankers by 2015 - Unanimity on aims but divergence over means, concerning maritime safety
(EU) EU/TRANSPORT COUNCIL: Debate on working conditions of hauliers continues in evening
(EU) EU/TELECOMUNICATIONS: Council devotes itself to implementing follow-up to Lisbon - Towards political agreement on "local loop" - Initial exchange of views on liberalisation of postal services
(EU) EU/ENVIRONMENT: Commission proposes an integrated coastal zone management strategy to reduce intensive exploitation
(EU) EU/COMPETITION: Commission clears acquisition of Bestfoods (United States) by Unilever (United Kingdom/Netherlands)
(EU) EU/COMPETITION: Operations approved by Commission
(EU) EU/COMPETITION: "Statement of objections" to two Belgian and Luxembourg beer producers for prohibited concerted agreements
(EU) EU/KOREA: failure of consultations over price practised by Korean shipyards - EU action before WTO?
(EU) EU/REGIONAL: Commission approves group of measures for training and employment in Spain - EU participates with EUR 2.2 million in funds
(EU) EU/REGIONAL: Sweden gains Community support of EUR 747 million in favour of education, training and employment
(EU) EU/HUMANITARIAN: EUR 5 million from ECHO to victims of conflict in Chechnya
(EU) EU/REGIONAL:
(EU) EU/SOCIAL: For Director General Odile Quintin, it is necessary to put into practice consensus on interaction of social, economic and innovation policies - link between quality and quantity of employment - de-dramatise fear of enlargement
(EU) NEWS OF THE WEEK: from 25 September to 1 October 2000
ECONOMIC INTERPENETRATION
(EU) Privatisation:
(EU) Environment:
(EU) Communications:
(EU) Internet:
(EU) Internet:
(EU) Telecommunication:
(EU) Banks:
(EU) Insurance:
WEEKLY SUPPLEMENT
European Library: N° 429
SUPPLEMENT
EUROPE/Document N° 2211 European Union Charter of Fundamental Rights:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 02/10/2000: