NoL306/30 OfficialJournaloftheEuropeanCommunities 31.10.78
PROTOCOL
of7April1978
furtherextendingtheInternational OliveOilAgreement ,1963,asamendedand
extended
THEPARTIESTOTHISPROTOCOL ,
WHEREAStheInternationalOliveOilAgreement,1963—replacingthe1956Agreementamended
bytheProtocolof3April1958—asextendedandamendedbythesuccessiveProtocolsadoptedin
Genevaon30March1967,7March1969and23March1973,includingtheamendmentswhich
cameintoforceon1November1971undertheprovisionsofArticle38oftheAgreement (allof
whichinstrumentsarehereinafterreferredtoas'theAgreement')is,inprinciple,duetoexpireon31
December1978,
DEEMINGthataone-yearextensionoftheAgreementisrequiredinordertocontinuepreparatory
workforthenegotiationofanewInternationalOliveOilAgreementunderUNCTADresolution93
(IV)concerningtheintegratedprogrammeforcommodities ,thecommoditycoverageofwhich
includesoliveoil,
HAVEAGREEDONTHEFOLLOWING :
Article1
TheAgreement,asextendedbythisProtocol,shall,as
betweenthePartiestothisProtocol,continueinforce
until31December1979.2.EachsignatoryGovernmentshall,onsigning
thisProtocol,statewhetheraccordingtoitsconstitu­
tionalorinstitutionalproceduresitssignatureis,oris
not,subjecttoratification ,acceptanceorapproval.
Article4
ThisProtocolshallbeopenforsignatureinMadrid
withtheGovernmentofSpain(hereinafterreferredto
as'thedepositary')until31October1978inclusive.Article2
1.AnyGovernmentwhichbecomesaPartytothis
ProtocolshallbeaPartytotheAgreementas
extendedthereby.
2.SofarasthePartiestothisProtocolare
concerned,theAgreementandthisProtocolshallbe
readandinterpretedasonesingleinstrumentand
shallbeknownastheInternationalOliveOilAgree­
ment,1963,asamendedandextended,1978.Article5
Incaseswhereratification,acceptanceorapprovalis
required,theappropriateinstrumentshallbedepo­
sitedwiththedepositarynotlaterthan31December
1978,ontheunderstanding thattheCouncilmay
grantanextensionorextensionsofthistimetoany
signatoryGovernmentwhichhasnotdepositedthe
saidinstrumentbythisdate.Article3
1.AnyGovernmentwhichisamemberofthe
UnitedNationsConferenceontradeanddevelopment
maybecomeaPartytothisProtocolinaccordance
withitsconstitutional orinstitutionalprocedures :
(a)bysigningit;or
(b)byratifying,acceptingorapprovingitafterhaving
signeditsubjecttoratification,acceptanceor
approval;or
(c)byacccdingtoit.Article6
Anynon-signatory Governmententitledtoaccedeto
thisProtocolunderArticle9maynotifythedeposi­
tarythatitisundertakingtosatisfytheconstitutional
orinstitutionalproceduresrequiredtoaccedetothis
Protocolasrapidlyaspossible.

31.10.78 OfficialJournaloftheEuropeanCommunities NoL306/31
Article7
1.AnysignatoryGovernmentwhichhasnotbeen
abletodeposititsinstrumentofratification,accep­
tanceorapprovalby31December1978andhasbeen
grantedanextensionoftimeunderArticle5ofthis
Protocol,andanynon-signatory Governmentwhich
hasmadeanotificationpursuanttoArticle6ofthis
Protocol,maynotifythedepositarythatitwillprovi­
sionallyapplytheAgreement,asextendedbythis
Protocol.
2.DuringtheentireperiodwhentheAgreement,
asextendedbythisProtocol,isinforce,eitherdefini­
tivelyorprovisionally ,asignatoryornon-signatory
Government whichhasmadeanotification under
paragraph 1ofthisArticleshallbeaprovisional
memberwithalltherightsanddutiesofamember
untilthatGovernmentbecomesaContractingParty.turestoenableittoenterintoforceafterratification ,
acceptanceorapprovalinconformitywiththerele­
vantprovisionsofthisProtocol,thentheAgreement
shall,inaccordancewithparagraph4ofArticle37,
continueinforcebeyond1January1979untilthe
dateoftheprovisionalordefinitiveentryintoforceof
thisProtocol,providedthattheperiodofsuchexten­
sionshallnotexceed12months.
4.Ifby31October1978thisProtocolhasnot
receivedthenumberofsignaturesrequiredforitto
enterintoforceafterratification,acceptanceor
approval,theGovernmentswhichhavesigneditand,
wheretheirconstitutional orinstitutionalprocedures
sorequire,haveratified,accepted,approvedor
accededtothisProtocolorhavestatedthattheywill
applyitprovisionally ,maydecidebycommonagree­
mentthatthisProtocolshallenterintoforceamong
themselves,ormaytakewhateverotheractionthey
considerisrequiredbythecircumstances .
Article9
1.ThisProtocolshallbeopenforaccessionbyany
non-signatory Governmentwhichisamemberofthe
UnitedNationsConferenceontradeanddevelop­
ment.
2.AccessiontothisProtocolshallbedeemedtobe
accessiontotheAgreement ,asextendedthereby.
3.Accessionshallbeeffectedbythedepositofan
instrumentofaccessionwiththedepositaryandshall
takeeffectfromthedateofdepositofsuchinstru­
mentoronthedateofentryintoforceofthis
Protocol,whicheverdateisthelater.
Article10
Ifby31December1979anewAgreementhasbeen
negotiatedandhasreceivedtherequirednumberof
signaturestoenableittoenterintoforceafterratifica­
tion,acceptanceorapproval,andifthatnewAgree­
menthasnotenteredintoforce,eitherprovisionally
ordefinitively,thepresentProtocolshallcontinuein
forcebeyond31December1979untiltheentryinto
forceofthenewAgreement,providedthattheperiod
ofsuchextensionshallnotexceed12months.Article8
1.ThisProtocolshallenterintoforcedefinitively
on1January1979,oronanydatewithinthe12
monthsthereafter,betweentheGovernments which
havesigneditand,incaseswheretheirconstitutional
orinstitutionalproceduressorequire,haveratified,
acceptedorapprovedit,orhaveaccededtoit,ifthese
Governments includethoseofsixmainlyproducing
countries,togetheraccountingforatleast60%of
worldwideoliveoilproductionduringthereference
periodstipulatedinArticle3oftheAgreement ,as
wellasthoseofthreemainlyimportingcountries.If
thisProtocolhasnotdefinitivelyenteredintoforcein
accordancewiththeprecedingsentence,itshalldoso
atanytimeafteritisprovisionallyinforcewhenthe
numericalandproductionpercentagerequirements of
thisparagrapharesatisfiedbythedepositofinstru­
mentsofratification,acceptance,approvaloracces­
sion.
2.ThisProtocolshallenterintoforceprovisionally
on1January1979,oronanydatewithinthe12
monthsthereafter,betweentheGovernments which
havesigneditand,incaseswheretheirconstitutional
orinstitutionalproceduressorequire,haveratified,
acceptedorapprovedit,orhaveaccededtoit,orhave
indicatedthattheywillapplyitprovisionally ,ifthese
Governmentsincludethoseofsixmainlyproducing
countriestogetheraccountingforatleast60%of
worldwideoliveoilproductionduringthereference
periodstipulatedinArticle3oftheAgreement ,as
wellasthoseofthreemainlyimportingcountries.
3.Ifby1January1979thisProtocolhasnot
enteredintoforceeitherprovisionallyordefinitively
inthemannerdescribedinparagraphs 1and2ofthis
Article,buthasreceivedasufficientnumberofsigna­Article11
1.AnyGovernmentmay,uponsignature,orupon
depositofitsinstrumentofratification,acceptanceor
approvalofthisProtocol,oruponaccessionthereto,
declarebynoticeaddressedtothedepositarythatthe
AgreementasextendedbythisProtocolshallextend
toanyoftheterritoriesforwhoseinternationalrela­
tionsthatGovernment isforthetimebeingulti­
matelyresponsible .TheAgreementshallextendto

NoL306/32 OfficialJournaloftheEuropeanCommunities 31.10.78
theterritoriesnamedinthenotificationfromthedate
ofsuchnotificationorfromthedateonwhichthe
presentProtocolentersintoforceforthatGovern­
ment,whicheveristhelater.
2.AnyContractingPartywhichhasmadeadeclara­
tionpursuanttoparagraph 1ofthisArticlemay,at
anylatertime,bynotificationtothedepositary,
declarethattheAgreement,asextendedbythis
Protocol,shallceasetoextendtotheterritorynamed
inthenotificationandtheAgreementshallceaseto
extendtosuchterritoryfromthedateofsuchnotifica­
tion.
3.WhenaterritorytowhichtheAgreement,as
extendedbythisProtocol,hasbeenextendedunder
paragraph 1ofthisArticlesubsequentlyattainsindep­
endence,itsGovernmentmay,within90daysafter
theattainmentofindependence ,declarebynotifica­
tiontothedepositarythatithasassumedtherights
andobligationsofaPartytotheAgreement,as
extendedbythisProtocol.ItshallbecomeaPartyto
theAgreementfromthedateofsuchnotification .Article12
ThedepositaryoftheAgreementshallwithoutdelay
informthesignatoryandaccedingGovernments of
anysignature,ratification,acceptanceorapprovalof,
oraccessionto,thisProtocol;ofanynotification
madeunderArticles6and7ofthisProtocol;andof
thedateofentryintoforceofthisProtocol.
Article13
AnyreferenceinthisProtocoltoaGovernmentshall
beconstruedasincludingareferencetotheEuropean
EconomicCommunity ,oranyintergovernmental
organizationhavingresponsibilities inrespectofthe
negotiation,conclusionandapplicationofinterna­
tionalagreements ,inparticularcommodityagree­
ments.
Article14
ThetextsofthisProtocolintheArabic,English,
French,ItalianandSpanishlanguagesshallallbe
equallyauthentic,theoriginalsbeingdepositedwith
theGovernmentofSpain.
Inwitnesswhereof,theundersigned ,havingbeendulyauthorizedtothiseffectbytheir
respectiveGovernments ,havesignedthisProtocolonthedatesappearingoppositetheir
signatures.
DoneatGeneva,7April1978.
DeclarationofprovisionalapplicationoftheProtocolof7April1978further
extendingtheOliveOilAgreement ,1963
ItisunlikelythattheEuropeanEconomicCommunitycancompleteby31December
1978theinstitutionalproceduresprovidedforinArticle5oftheProtocolof7April1978
furtherextendingtheInternational OliveOilAgreement,1963,asamendedand
extended .
Therefore,inaccordancewithArticle7ofthesaidProtocol,theCommunitymakesthis
declarationofprovisionalapplicationofthisProtocol.Bydepositingsuchadeclaration,
theCommunityconsidersitselftobeprovisionally aPartytotheProtocol,withallthe
rightsandobligationswhichresulttherefrom,untilsuchtimeastheCounciloftheEuro­
peanCommunities shallhavetakenafinaldecisioninthematter.