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Issue dated - 7th Nov. 2002

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EU confident on expansion as candidates mull finance package

AFP - Copenhagen

The European Union voiced confidence that it would wrap up talks with candidate states on its bold expansion eastwards by the end of the year although delicate negotiations still lay ahead. The Danish prime minister Mr Anders Fogh Rasmussen said the meeting with the 10 candidate countries put the European Union firmly on track to issue invitations to the hopefuls from eastern Europe and the Mediterranean at a summit in December.

“For 45 years, Europe was a divided continent. In 45 days, we can finally close this dark chapter in European history,” he told reporters. He said a US$ 42 billion package enlargement financing package wrapped by the European Union after two days of wrangling at a summit in Brussels last week removed a key hurdle but that the EU and candidates still have weeks of tough negotiations ahead before December. “There are some tough nuts to crack,” he added.

 


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Quality demand for future
A recent study conducted recently by LEK Consulting GmbH on the global market for testing and monitoring equipment has observed that there will be significant increase in demand for textile testing and monitoring (T&M) equipment in most of the developing countries in the post-MFA regime following phasing out of quota as also growing competition in export markets.


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