Mr. Speaker, earlier indications from the European Union had been that the proposed regulation would be delayed beyond January 1, 1996.
Because of the more recent indications of the European Union's likelihood of moving on the issue, we are pursuing on an urgent basis with the European Union, with the United States and Russia, with other countries directly involved in the issue, to design and agree on what is called a more humane trap so that we can resolve the issue during the current calendar year.
However, I acknowledge to the member opposite that time is short. We shall need to consider as a fallback position, if the European Union does act, whether we would seek one of the various forms of trade remedies that are open to us.