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14. 4.

1999 EN Official Journal of the European Communities C 104/191

Friday 15 January 1999

17. Calls for an EU foreign trade and development policy initiative programme on ‘solar energy for the
world − power for the world’ to supply electricity to rural areas of Third World countries with the aid of
photovoltaic systems, biomass and wind energy in order to satisfy the basic requirements of the population
of those areas who have no mains electricity, and hence to stem the flight from the land; stresses the
importance of cooperation agreements with third countries within the framework programme for research
and technological development for encouraging the development and transfer of European technologies
concerned with renewable energy;

18. Calls, in the context of cooperation agreements with third countries, for a pilot programme for the
transfer of necessary and appropriate technologies, e.g. in the field of biomass;

19. Calls for the local use of decentralised electricity generating plant based on biomass, small-scale
hydroelectric power, wind energy, geothermal energy, photovoltaic systems and solar heating, preferably
to be established through joint ventures between Europe and its partner countries;

20. Calls for close cooperation between the Union and third countries for the improved use of modern
solar technologies for buildings and for town planning;

21. Instructs its President to forward this resolution to the Commission, the Council and the
governments and parliaments of the Member States.

4. Impact of financial crisis on European industry

B4-0024, 0029, 0030, 0033, 0034 and 0036/99

Resolution on the economic and social impact of the global financial crisis on European industry

The European Parliament,

− having regard to its resolution of 17 September 1998 on the global economic and financial crisis (1),

− having regard to its resolution of 3 December 1998 on the world monetary and financial crises and
their effects on the economy of the European Union (2),

A. whereas the financial crisis which appeared in South-East Asia last year has since spread to other parts
of the world, especially Russia and Latin America, with disastrous effects on the economic and social
situation in many countries,

B. whereas this crisis has been characterised by the collapse of national currencies in several emerging
economies and the abandoning of their exchange rate peg to the US dollar,

C. whereas these exchange rate collapses have resulted in fiercer competition faced by European
industry due to growing imports from these regions, including sectors that have been undergoing
heavy restructuring and have suffered serious job losses in recent years,

D. whereas in the current international situation the European economy is perceived as an area of
economic stability, showing a large trade surplus with the rest of the world,

E. whereas the OECD has predicted a significant recovery of the South-East Asian economies for 1999,

F. whereas various industries, such as shipbuilding, iron and steel and textiles, are particularly affected
by these challenges,

(1) OJ C 313, 12.10.1998, p. 172.

(2) Minutes of that sitting, Part II, Item 12.
C 104/192 EN Official Journal of the European Communities 14. 4. 1999

Friday 15 January 1999

1. Urges the Commission to monitor closely and to investigate the economic and social impact this
fiercer competition is having on the various sectors of European industry and on the EU economy as a
whole − especially in terms of output and employment − as well as on global trade, and to provide as soon
as possible a detailed report to the European Parliament on this matter;
2. Is concerned and irritated, in the light of general insights, at the imposition of provisional
antidumping tariffs on steel imports, including those originating in four Member States, and the
trade-policy tendencies expressed therein;
3. Supports the Commission as regards full and effective use of trade-policy instruments, including the
possibility provided for by law of lodging a complaint about impending damage in order to protect the
steel industry and its employees against unfair trade practices;
4. Calls on United States decision-makers to continue to work for the maintenance of free world trade
and respect for the rules of fair competition;
5. Is concerned about the substantial social and economic consequences of the financial crisis on many
third countries and strongly welcomes the commitment to cooperation with these countries and to further
strengthening of the international trading system; in this context, supports the substantial EU contribution
to the various multilateral restructuring programmes for those countries affected by the financial crisis,
provided this contribution does not lead to distortions of competition between the countries benefiting
from this contribution and the EU;
6. Believes that, were the impact of the crisis on specific industries to result in severe losses in terms of
output and jobs, the Commission should investigate the possibility of specific measures to support those
sectors particularly affected; reminds the Commission, in this respect, of its call in its abovementioned
resolution of 3 December 1998 for proposals to be put forward in the forthcoming Broad Guidelines of
Economic Policy with a view to increasing public-private investment in the European economy and to
stimulating strong levels of growth and employment;
7. Instructs its President to forward this resolution to the Commission and Council, the governments of
the Member States and the United States Congress and Administration.

5. Common fisheries policy


Resolution on the Commission working document ‘Improving the implementation of the common
fisheries policy: An action plan’ (SEC(98)0949 − C4-0378/98)

The European Parliament,

− having regard to the Commission’s working document (SEC(98)0949 − C4-0378/98),
− having regard to the communication from the Commission to the Council and the European
Parliament on fisheries monitoring under the common fisheries policy (COM(98)0092 − C4-0134/98)
and its own resolution thereon of 18 September 1998 (1),
− having regard to its resolution of 6 November 1997 on the common fisheries policy after the year
2002 (2),
− having regard to the report of the Committee on Fisheries (A4-0462/98),

A. whereas the European Parliament had called for an action plan with a detailed timetable to correct the
shortcomings detected in the monitoring procedures for the common fisheries policy,
B. whereas, although considerable progress has been made since the adoption of Regulation (EEC)
No 2847/93 on fishery control (3), there remain substantial weaknesses which should be remedied as
soon as possible,

(1) OJ C 313, 12.10.1998, p. 241.

(2) OJ C 358, 24.11.1997, p. 43.
(3) OJ L 261, 20.10.1993, p. 1.