Examination of Witness (Questions 160-161)|
MONDAY 19 MAY 2003
160. What if the Italians were functioning within
their economic business culture which we mentioned earlier? Would
that not be a problem?
A. Yes. There are different cultures. We come
across that when we do our own work in international research
and we have to cope with that but that is also the attractiveness
of doing international business. You have to take into account
the different cultures. In an internal market where so many medium
sized and large enterprises are operating in an international
way, you should not have too many differences in the rules and
regulations. Within the United States, you have differences between
the states in terms of taxation, rules and regulations, but overall
the differences are due to culture. You should not neglect them
and try to avoid them. I think you can at least try to decrease
the huge differences in rules and regulations across Europe.
161. Thank you very much. You have been extremely
helpful. Is there anything further you think we have missed or
anything you would like to add, in conclusion?
A. I do not think so. I consider the questions
very challenging and I hope I have been able to give you some
answers. I have to apologise for only sending you my written evidence
yesterday. I have been away for quite some time but I have agreed
with your secretariat that I can make some final improvements
and send them to your secretary.
Chairman: On behalf of the Committee, we are
extremely grateful to you for submitting written evidence. We
had not anticipated that you would have the time and it was generous
of you to do so. If you would like to fine tune it in the light
of our discussions, please do and that will be written into the