RESEARCH FOR EUROPE (12044/02)
Letter from the Chairman to Ruth Kelly
MP, Financial Secretary, HM Treasury
Thank you for your explanatory memorandum dated
15 October which Sub-Committee B considered at its meeting on
The Commission's concerns are laudable. We understand
that there is to be a wider debate as to how the European Union
can stimulate expenditure on research and development (R&D)
and that the conclusions from this debate will be put before the
European Council early next year.
The Commissioner for Enterprise and Information
Society, Erkki Liikanen, announced on 25 November that the Commission
would produce a communication on innovation policy which would
concentrate on many areas from research to placing on the market.
We assume that this communication will be aligned with the communication
about increasing percentage of GDP that the EU devotes to promoting
Like you, we welcome this communication and
lift the Scrutiny reserve on this document.