Resolution on the US imposition of sanctions against EU companies as a consequence of the banana dispute
21. 6. 1999 EN Official Journal of the European Communities C 175/279 Thursday 11 March 1999 Legislative resolution embodying Parliament’s opinion on the proposal for a Council Regulation amending Regulation (EEC) No 2075/92 and fixing the premiums and guarantee thresholds for leaf tobacco by variety group and Member State for the 1999, 2000 and 2001 harvests (COM(98)0633 − C4-0682/98 − 98/0306(CNS)) (Consultation procedure) The European Parliament, − having regard to the Commission proposal to the Council, COM(98)0633 − 98/0306(CNS) (1), − having been consulted by the Council pursuant to Article 43 of the EC Treaty (C4-0682/98), − having regard to Rule 58 of its Rules of Procedure, − having regard to the report of the Committee on Agriculture and Rural Development and the opinions of the Committee on Budgets and the Committee on the Environment, Public Health and Consumer Protection (A4-0067/99), 1. Approves the Commission proposal, subject to Parliament’s amendments; Calls on the Council to notify Parliament should it intend to depart from the text approved by 2. Parliament; Asks to be consulted again should the Council intend to make substantial modifications to the 3. Commission proposal; 4. Instructs its President to forward this opinion to the Council and Commission. (1) OJ C 361, 24. 11. 1998, p. 16. 13. EU-US trade dispute concerning bananas B4-0253, 0262, 0282, 0312, 0313, 0314, 0315 and 0316/99 Resolution on the US imposition of sanctions against EU companies as a consequence of the banana dispute The European Parliament, − having regard to its resolution of 11 February 1999 on the banana regime dispute with the US (1), − having regard to its resolution of 18 November 1998 on the Transatlantic Economic Partnership between the European Union and the United States (2), A. whereas the United States has carried out its threat of unilateral trade sanctions, which have been a reality since 3 March 1999, hitting a long list of European products at an estimated cost to the European Union of EUR 450 million, B. concerned that the US measures threaten the multilateral open trading system and endanger the functioning of the WTO, C. noting that the US has not followed the only legally acceptable solution by waiting for the decision of the WTO panel on 12 April 1999,