Finance crisis could delay US missile shield

27-09-2008

Foreign Minister Karel Shwarzenberg has conceded that the current financial crisis in the US could delay the building of a proposed missile defence shield in Poland and the Czech Republic as the US Congress seeks cutbacks on spending. Both major US presidential candidates are committed to the scheme, albeit with certain reservations about assuring its functionality. In comments made at the sidelines of the UN General Assembly, Mr Schwarzenberg also stated that Czech officials had been in contact with both Senators Obama and McCain with regards to the project. The Czech Republic’s parliament has not yet ratified a treaty on the base, although a vote is expected by the end of this year.