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B lLDERBERG 50TH ~ MAY 3 0 T H J U N E 2 ND 20 tl 2

Introduction -:,: : ; - ...: ... . ..,.

The fiftieth Bilderberg Meeting .was held at the Westfields Marriott, Chantilly, Virginia,fmm)'v1aY 3dth-.June2nd 2002. There were 115 participants from ~ o c o u n t r i e s .The participants represented government, diplomacy,politics, business, law, education, journalism and ins titutes specialising in national and international studies.All participants spoke in a personal capacity. not as representatives of their national governments or employers.As is usual at Bilderberg Meetings, in order to permitfrank and open discussion, no public reporting of theconference took place.

This booklet is an account of the 2002 BilderbergMeeting and is distributed only to participants of thisand past conferences and to prospective participants offuture conferences. It represents a summary of he panellists' opening remarks for each session, and of the comments and interven tions in the subsequent discussion .

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B l lD ERB E R G 5 01 11 ~ /\1AY }O I I I Il JN I 2NJ> lOOZAGENDA

v11 Current AffairsSpeaker : Do na ld H. Ru msfcld

Moderator Eti enne Dav ignonf.logc 45

vm . Post-Crisis Reconstruction /Nation RebuildingSpeakm Thierry de Montbria l

:james D. Wolfenso hnModerator Conrad M. Black

page : SO

1x Prospects for the World EconomySpeakers : Wil liam J. McDonough: jean-C laude Tri ch et

Moderato r : Hil mar Kopperpage : 54

x : Trade: The Ch ina EffectSpeakers : Carla A Hi lls: Sylvia Os try

Moderator : Kenneth W. Dampage : 59

x1 : The Influence of Domestic Issues on American Foreign PolicySpeakers : Terry McAu li ffe: Mark Racicot

Moderator : Marie-josee Kravispage : 64

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B IL D ERBE KG 50TH ~ MAV } O T H-_I UNL 2N D 2 00 2

Consequences of the WarAgainst Terrorism

The moderator began by stressing the impact of the waragainst terrorism on the transatlantic alliance. Thedebate duly reflected the current divisions, with Ameri-can participants emphasising the military side of thewar and the necess ity of eradicating terrorism, and Euro-pean speakers preferring to focus on the deeper causesof terrorism and warning against ove rsimplicity. Theissue of Iraq seemed to crystallize these differences.

~ Europe and the United States are figh ti ng( FIRST \ PANELLIST the same enemy m the name of the samevalues. Bu t behind their common values-and their common vulnerability- lurk important differences. America is at war. Europe is not. Europe has a longhistory of dealing with low-intensity terrorism. America isbelatedly discovering its vulnerability to terrorism at thepeak of its power. The Roman Empire (with which Americais so often compared) could keep the barbarians at the gate.Last September the barbarians managed to strike at the veryheart of the United States.

Each side tend s to define the threat in different ways.America emphasises military security. Europe emphasisesthe need to complement milita ry security with a politicalapproach. There is a danger that America's growi ng powerwill not keep up with the growing complex ity of the world.And there is a danger tha t the war of wo rds being wagedacross the Atlantic will make co-operation much more dif-

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