TNAG-2916-FCO40-4191-International-support-from-European-countries-regarding-the--1993 — Page 75

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10:22

CRIPT A - PM/CHANCELLOR KOHL

2

K

PC

11 NOVEMBER 1992

And I think there is a further point about GATT that the

Chancellor and I have been able to discuss this morning and it is

simply this. The rich countries of the world owe it to the

developing countries of the world not to hold up a deal, the

poorer nations would gain around 90 billion dollars from the GATT

round and that is of course twice the level of total official aid

and I think that does place a very considerable impetus on the

need to secure a successful outcome for the Uruguay Round.

On bilateral and European matters, the Chancellor and I discussed

in detail the agenda for the forthcoming Edinburgh summit and I

explained how, in our Presidency role, we intended to handle the

Danish proposals. We agreed specifically on the need to take firm

decisions at Edinburgh on subsidiarity. By that I mean the

Community only doing what the Community needs to do and with

greater openness. And we agreed also that we needed to make

progress on enlargement of the Community, starting with the EFTAN

states. Both of us want to see the early accession of those EFTAN

countries into the European Community.

We discussed also this morning the difficult question of the

Community's budget. Germany of course is the largest net

contributor and the United Kingdom is the second largest. We both

agreed that it is necessary to keep the Community's finances under

control and to ensure that we get the best possible value for

money for the money that is spent communally by the European

Community.

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