The US said this week it would do its best to cooperate with the European Union to provide contingency plans for the Year 2000 computer bug.
Speaking at a press conference in Brussels, David Aaron, US undersecretary for commerce, said the US planned to hold seminars and conferences to raise consciousness, together with providing useful materials for contingency planning.
"The US is concerned about Year 2000 issues. The U.S. wants to make sure that trading partners and economic partners are sufficiently compliant with the problems we face," said Aaron.
"Lack of compliance with Year 2000 issues would have a significant impact that would result in an economic blow," he said.
Aaron said the US was informed about what the European Commission was doing, and would try to facilitate activities by following the EU's example.
"The EU has supplied material and we will do our best to cooperate," he said.
The commission recently published a report which assessed central and local administration preparations and the work undertaken to secure the continuous functioning of telecommunications, energy, finance and transport, in the light of the millennium bug.
The report concluded that substantial progress has been made throughout 1998, with most governments establishing organisations to provide support to the private sector and information to the public.
The commission believes there is still time to cope with the most critical systems and to plan for contingencies.
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