At the Congress of Prague held in May 1996, the New Atlantic Initiative (NAI) convened a meeting of academics, writers, journalists and government officials all bound by a common concern - will the Atlantic alliance be damaged by the dangerous assumption that the relationship has outlived its usefulness, with the demise of the Soviet Union and the end of the Cold War? The founders of the NAI believe that there are powerful security, trade and cultural arguments in favour of revitalizing and broadening the Atlantic cooperation. This volume comprises the presentations made by the participants, together with the discussions that followed them, the NAI's mission statement, and a declaration of Atlantic principles.