46 



For 1994, in the absence of an interim agreement, the two 

 countries have acknowledged their Treaty obligations -- 

 particularly the obligation set forth in Chapter 7 of Annex IV 

 that "...unless otherwise agreed, neither Party shall initiate 

 new intercepting fisheries, nor conduct or redirect fisheries in 

 a manner that intentionally increases interceptions." In 

 addition, both countries are committed to act responsibly and 

 observe conservation principles for 1994 fisheries. 



The United States and Canada are still far apart on many key 

 issues. Nevertheless, the Administration is committed to a 

 serious continuing effort to facilitating a resolution of these 

 issues. There are no easy solutions, however, as illustrated by 

 the fact that the Pacific Salmon Treaty took 14 years to 

 negotiate. The U.S. goal since the start of the latest round of 

 negotiations has been the conclusion of multi-year fishing 

 regimes which respect both conservation and equity. The basis 

 has been laid to resume comprehensive negotiations in September 

 to achieve this goal. Until then, we will be working closely 

 with the U.S. Commissioners and state and tribal officials to 

 develop the best approach to these negotiations. 



Thank you, Messrs. Chairmen. I would be happy to answer any 

 questions . 



