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European Commission Spokesman's Briefing for 97-08-07

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Paroleb

07/08/97


CONTENTS / CONTENU

  • [01] The Commission authorises the acquisition by Norsk Alcoa and Elkem of joint control over Elkem Aluminium in the primary aluminium market
  • [02] Les mesures prises par l'Union poussent les États-Unis à modifier les règles textiles
  • [03] Cereals, oilseeds and protein crops: situation and outlook

  • [01] The Commission authorises the acquisition by Norsk Alcoa and Elkem of joint control over Elkem Aluminium in the primary aluminium market

    The European Commission approved a transaction involving the change of control over Elkem Aluminium ANS ("EA"), an already existing joint venture between Elkem ASA ("Elkem") and Norsk Alcoa A/S ("Alcoa"), which has been controlled by Elkem since its creation in 1963. The amendments brought to the partnership agreement will give Alcoa decisive influence over all of EA's key business decisions and therefore joint control over EA.

    [02] Les mesures prises par l'Union poussent les États-Unis à modifier les règles textiles

    Le secteur européen de la mode va recevoir un sérieux coup de pouce grâce à une victoire remportée récemment par l'Union européenne contre les règles américaines d'origine des produits textiles. L'administration américaine a admis qu'il était nécessaire de modifier les règles en vertu desquelles les foulards italiens, les meubles allemands ou les articles britanniques en coton devaient être dits "fabriqués en Chine" ou "fabriqués en Inde" pour la seule raison que les matières premières provenaient de ces pays, alors même que les articles étaient coupés, blanchis, teints, rétrécis, imprimés et étiquetés en Europe. La Commission européenne craignait que ces règles ne portent préjudice aux grands stylistes et fabricants de vêtements européens en débouchant sur l'imposition de quotas ou en sapant la valeur des étiquettes européennes en tant qu'argument de vente auprès des acheteurs américains. La Commission a attaqué les États-Unis devant l'Organisation mondiale du commerce. L'administration américaine a aujourd'hui accepté de faire en sorte que les exportations européennes ne soient plus perturbées et s'engage à proposer la modification de la législation incriminée. L'Union européenne a en conséquence suspendu l'action qu'elle avait engagée devant l'OMC. L'Union a engagé son action par le canal du règlement sur les barrières commerciales, un nouvel instrument qui vise à ouvrir plus concrètement les marchés d'exportation.

    [03] Cereals, oilseeds and protein crops: situation and outlook

    In the context of the examination of the future of the Common Agricultural Policy, the Directorate General of Agriculture of the European Commission has carried out a detailed analysis of the situation and outlook for the cereals, oilseeds and protein crops (COP) sectors. In summary, the report first gives a general overview of the COP sectors. In a second and third part, it shows the result (fall of cereals intervention stocks, stabilisation of total oilseeds production, increasing of farming incomes and decreasing of protein crops production) and the new problems (complexity, inconsistency, public image and risk of imbalance) due to the 1992 CAP reform. This reform was based on three main principles : reduction of price support, compensatory payments and supply management. Finally the report gives some long term prospects : without policy change, cereals intervention stocks are likely to rise to 58 millions tonnes in 2005 and trade deficit in oilseeds, would remain very substantial. These forecasts are based on certain specific assumptions, principally in relation to areas, yields and exports. This report is the fourth study under the common heading CAP 2000. Earlier, the Directorate General of Agriculture already published "Long Term Prospects for the Grains, Milk and Meat Markets", a general overview of agricultural market trends and long term projections of supply and demand for the main commodities and reports on the "Situation and Outlook" respectively for the beef and milk markets. A study on rural development under the CAP 2000 heading will follow.

    MIDDAY EXPRESS


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


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