17.7.86 OfficialJournaloftheEuropeanCommunities NoL195/5
PREAMBLE
THESIGNATORIES TOTHISAGREEMENT :
ConsideringthattheInternationalWheatAgreement,1949,wasrevised,renewedorextendedon
successiveoccasionsleadingtotheconclusionoftheInternationalWheatAgreement,1971,
ConsideringthattheprovisionsoftheInternationalWheatAgreement,1971,consistingoftheWheat
TradeConvention,1971,ontheonehand,andtheFoodAidConvention,1980,ontheother,as
extendedbyProtocol,willexpireon30June1986,andthatitisdesirabletoconcludeanagreement
foranewperiod,
HAVEAGREED,
thattheInternationalWheatAgreement,1971,shallbeupdatedandrenamedtheInternational
WheatAgreement,1986,whichshallconsistoftwoseparatelegalinstruments :
(a)theWheatTradeConvention ,1986,and
(b)theFoodAidConvention,1986,
andthateachofthesetwoConventions,oreitherofthemasappropriate,shallbesubmittedfor
signatureandratification,acceptanceorapproval,inconformitywiththeirrespectiveconstitutional
orinstitutionalprocedures,bytheGovernmentsconcerned.
WHEATTRADECONVENTION ,1986
PARTI
GENERAL
Article1
Objectives
TheobjectivesofthisConventionare:
(a)tofurtherinternationalcooperationinallaspectsoftrade
inwheat,andothergrains,especiallyinsofarasthese
affectthewheatsituation;
(b)topromotetheexpansionofinternationaltradeingrains,
andtosecurethefreestpossibleflowofthistrade,
includingtheeliminationoftradebarriersandunfairand
discriminatory practices,intheinterestofallmembers,in
particulardevelopingmembers;
(c)tocontribute,tothefullestextentpossible,tothestability
ofinternationalgrainmarketsintheinterestsofall
members,toenhanceworldfoodsecurity,andto
contributetothedevelopmentofcountrieswhose
economiesareheavilydependentoncommercialsalesof
grain;
(d)toprovideaforumforexchangeofinformationand
discussionofmember'sconcernsregardingtradein
grains;and(e)toprovideanappropriateframeworkforthepossible
negotiationofanewinternational agreementor
conventionwitheconomicprovisions.
Article2
Definitions
ForthepurposesofthisConvention :
1.(a)'Council'meanstheInternationalWheatCouncil
establishedbytheInternationalWheatAgreement,
1949,andcontinuedinbeingbyArticle9;
(b)(i)'member'meansapartytothisConvention
(ii)'exportingmember'meansamemberso
designatedunderArticle12;
(iii)'importingmember'meansamemberso
designatedunderArticle12;
(c)'executivecommittee'meansthecommittee
establishedunderArticle15;
(d)'sub-committee onMarketConditions'meansthe
sub-committee establishedunderArticle16;

NoL195/6 OfficialJournaloftheEuropeanCommunities 17.7.86
(c)developments concerningtheimprovement and
expansionoftrade,utilization,storageand
transportation ,especiallyindevelopingcountries.
2.Toimprovethecollectionandpresentationof
informationforthosereportsandstudiesreferredtoin
paragraph 1ofthisArticle,tomakeitpossibleformore
memberstoparticipatedirectlyintheworkoftheCouncil,
andtosupplementtheguidancealreadygivenbytheCouncil
inthecourseofitssessions,thereshallbeestablished ?.
sub-committee onMarketConditionswiththefunctions
specifiedinArticle16.(e)'grain'or'grains'meanswheat,wheatflour,rye,
barley,oats,maize,milletandsorghum,andsuch
othergrainsandproductsastheCouncilmay
decide:
(f)(i)'purchase'meansapurchaseofgrainforimport,
orthequantityofgrainsopurchased,asthe
contextrequires;
(ii)'sale'meansasaleofgrainforexport,orthe
quantityofsuchgrainsosold,asthecontext
requires;
(iii)wherereferenceismadeinthisConventiontoa
purchaseorsale,itshallbeunderstoodtorefer
notonlytopurchasesorsalesconcludedbetween
theGovernments concerned,butalsoto
purchasesorsalesconcludedbetweenprivate
traders,andtopurchasesorsalesconcluded
betweenaprivatetraderandtheGovernment
concerned;
(g)'specialvote'meansavoterequiringatleasttwo-thirds
ofthevotescastbytheexportingmemberspresentand
voting,andatleasttwo-thirdsofthevotescastbythe
importingmemberspresentandvoting,counted
separately;
(h)'cropyear'meanstheperiodfrom1Julyto
30June;
(i)'workingday'meansaworkingdayatthe
headquartersoftheCouncil.
2.AnyreferenceinthisConventiontoa'Government'or
'Governments'shajlbeconstruedasincludingareference
totheEuropeanEconomicCommunity (hereinafter
referredtoastheEEC).Accordingly,anyreferenceinthis
Conventionto'signature'ortothe'depositofinstruments
ofratification,acceptance,orapproval'or'aninstrument
ofaccession'or'adeclarationofprovisionalapplication'
byaGovernmentshall,inthecaseoftheEEC,be
construedasincludingsignatureordeclarationof
provisionalapplicationonbehalfoftheEECbyits
competentauthorityandthedepositoftheinstrument
requiredbytheinstitutionalproceduresoftheEECtobe
depositedfortheconclusionofaninternational
agreement .Article4
Consultations onmarketdevelopments
1.Ifthesub-committee onMarketConditions,inthe
courseofitscontinuousreviewofthemarketunderArticle
16,isoftheopinionthatdevelopmentsintheinternational
grainmarketseriouslythreatentoaffecttheinterestsof
members,orifsuchdevelopments arecalledtothe
sub-committee 'sattentionbytheexecutivedirectoronhis
owninitiativeorattherequestofanymemberoftheCouncil,
itshallimmediatelyreportthefactsconcernedtothe
ExecutiveCommittee .Thesub-committee ,insoinforming
theExecutiveCommittee,shallgiveparticularregardto
thosecircumstances whichthreatentoaffecttheinterestsof
members.
2.Theexecutivecommitteeshallmeetwithin10working
daystoreviewsuchdevelopments and,ifitdeemsit
appropriate,requestthechairmanoftheCounciltoconvene
asessionoftheCounciltoconsiderthesituation.
ArticleS
Commercialpurchasesandspecialtransactions
1.Acommercialpurchaseforthepurposesofthis
ConventionisapurchaseasdefinedinArticle2which
conformstotheusualcommercialpracticesininternational
tradeandwhichdoesnotincludethosetransactionsreferred
toinparagraph2ofthisArticle.
2.Aspecialtransactionforthepurposesofthis
Conventionisonewhichincludesfeaturesintroducedbythe
Governmentofamemberconcernedwhichdonotconform
tousualcommercialpractices.Specialtransactionsinclude
thefollowing:
(a)salesoncreditinwhich,asaresultofgovernment
intervention,theinterestrate,periodofpayment,or
otherrelatedtermsdonotconformtothecommercial
rates,periodsortermsprevailingintheworldmarket;
(b)salesinwhichthefundsforthepurchaseofgrainare
obtainedunderaloanfromtheGovernment ofthe
exportingmembertiedtothepurchaseofgrain;Article3
Information,reportsandstudies
1.Tofacilitatetheachievementoftheobjectivesin
Article1,makepossibleafullerexchangeofviewsatCouncil
sessions,andprovideinformationonacontinuingbasisto
servethegeneralinterestofmembers,arrangementsshallbe
madeforregularreportsandexchangeofinformation,and
alsospecialstudies,asappropriate,coveringgrains,focusing
primarilyuponthefollowing:
(a)supply,demandandmarketconditions;
(b)developmentsinnationalpoliciesandtheireffectsonthe
internationalmarket;

17.7.86 OfficialJournaloftheEuropeanCommunities NoL195/7
requirementthataspecifiedlevelofcommercialimportsof
grainsagreedwiththerecipientcountrybemaintainedona
globalbasisbythatcountry.Inestablishingoradjustingthis
level,fullregardshallbehadtothecommercialimportlevels
inarepresentativeperiod,torecenttrendsinutilizationand
imports,andtotheeconomiccircumstancesoftherecipient
country,including,inparticular,itsbalance-of-payments
situation.
3.Members,whenengaginginconcessionalexport
transactions ,shallconsultwithexportingmemberswhose
commercialsalesmightbeaffectedbysuchtransactionsto
themaximumpossibleextentbeforesucharrangementsare
concludedwithrecipientcountries.(c)salesforcurrencyoftheimportingmemberwhichisnot
transferableorconvertibleintocurrencyorgoodsforuse
intheexportingmember;
(d)salesundertradeagreementswithspecialpayments
arrangementswhichincludeclearingaccountsforsettling
creditbalancesbilaterallythroughtheexchangeofgoods,
exceptwheretheexportingmemberandtheimporting
memberconcernedagreethatthesaleshallberegardedas
commercial;
(e)bartertransactions :
(i)whichresultfromtheinterventionofgovernments
wheregrainisexchangedatotherthanprevailing
worldprices;or
(ii)whichinvolvesponsorshipunderagovernment
purchaseprogramme,exceptwherethepurchaseof
grainresultsfromabartertransactioninwhichthe
countryoffinaldestinationwasnotnamedinthe
originalbaitercontract;
(f)agiftofgrainorapurchaseofgrainoutofamonetary
grantbytheexportingmembermadeforthatspecific
purpose;
(g)anyothercategoriesoftransactions,astheCouncilmay
prescribe,thatincludefeaturesintroducedbythe
Government ofamemberconcernedwhichdonot
conformtousualcommercialpractices.
3.Anyquestionraisedbytheexecutivedirectororbyany
memberastowhetheratransactionisacommercialpurchase
asdefinedinparagraph1ofthisArticleoraspecial
transactionasdefinedinparagraph2ofthisArticleshallbe
decidedbytheCouncil.4.TheSecretariatshallperiodicallyreporttotheCouncil
ondevelopments inconcessionaltransactionsingrains.
Article7
Reportingandrecording
1.Membersshallprovideregularreports,andthe
Councilshallmaintainrecordsforeachcropyear,showing
separatelycommercialandspecialtransactions,ofall
shipmentsofgrainbymembersandallimportsofgrainfrom
non-members .TheCouncilshallalsomaintain,totheextent
possible,recordsofallshipmentsbetweennon-members .
2.Membersshallprovide,asfaraspossible,such
informationastheCouncilmayrequireconcerningtheir
grainsupplyanddemand,andreportpromptlyallchangesin
theirnationalgrainpolicies.
Article6
Guidelinesrelatingtoconcessionaltransactions
1.Membersundertaketoconductanyconcessional
transactionsingrainsinsuchawayastoavoidharmful
interferencewithnormalpatternsofproductionand
international commercialtrade.3.ForthepurposesofthisArticle:
(a)membersshallsendtotheexecutivedirectorsuch
informationconcerningthequantitiesofgraininvolved
incommercialsalesandpurchasesandspecial
transactionsastheCouncilwithinitscompetencemay
require,including:
(i)inrelationtospecialtransactions,suchdetailsofthe
transactionsaswillenablethemtobeclassifiedin
accordancewithArticle5;
(ii)suchinformationasmaybeavailableastothetype,
class,gradeandqualityofthegrainsconcerned;
(b)anymember,whenexportinggrain,shallsendtothe
executivedirectorsuchinformationrelatingtotheir
exportpricesastheCouncilmayrequire;2.Tothisendbothsupplyingandrecipientmembersshall
undertakeappropriatemeasurestoensurethatconcessional
transactions arieadditionaltocommercialsaleswhichcould
reasonablybeanticipatedintheabsenceofsuchtransactions,
andwouldincreaseconsumptionorstocksintherecipient
country.Suchmeasuresshall,forcountrieswhichare
membersofFAO,beconsistentwiththeFAOprinciplesof
surplusdisposalandguidinglinesandtheconsultative
obligationsofFAOmembers,andmayincludethe

NoL195/8 OfficialJournaloftheEuropeanCommunities 17.7.86
(c)theCouncilshallobtainregularinformationon
currentlyprevailinggraintransportation costs,and
membersshallreportsuchsupplementary information
astheCouncilmayrequire.
4.Inthecaseofanygrainwhichreachesthecountryof
finaldestinationafterresalein,passagethrough,or
transhipmentfromtheportsof,acountryotherthanthatin
whichitoriginated,membersshalltothemaximumextent
possiblemakeavailablesuchinformationaswillenablethe
shipmenttobeenteredintherecordsasashipmentbetween
thecountryoforiginandthecountryoffinaldestination .In
thecaseofaresale,theprovisionsofthisparagraphshall
applyifthegrainoriginatedinthecountryoforiginduring
thesamecropyear.
5.TheCouncilshallmakerulesofprocedureforthe
reportsandrecordsreferredtointhisArticle.Thoserules
shallprescribethefrequencyandthemannerinwhichthose
reportsshallbemadeandshallprescribethedutiesof
memberswithregardthereto.TheCouncilshallalsomake
provisionfortheamendmentofanyrecordsorstatements
keptbyit,includingprovisionforthesettlementofany
disputearisinginconnectiontherewith.Ifanymemberrepeatedlyandunreasonably failstomakereportsas
requiredbythisArticle,theexecutivecommitteeshall
arrangeconsultations withthatmembertoremedythe
situation.
Article8
Disputesandcomplaints
1.Anydisputeconcerningtheinterpretation or
applicationofthisConventionwhichisnotsettledby
negotiationshall,attherequestofanymemberwhichisa
partytothedispute,bereferredtotheCouncilfor
decision.
2.Anymemberwhichconsidersthatitsinterestsasa
partytothisConventionhavebeenseriouslyprejudicedby
actionsofanyoneormoremembersaffectingtheoperation
ofthisConventionmaybringthematterbeforetheCouncil.
Insuchacase,theCouncilshallimmediatelyconsultwiththe
membersconcernedinordertoresolvethematter.Ifthe
matterisnotresolvedthroughsuchconsultations ,the
Councilshallconsiderthematterfurtherandmaymake
recommendations tothemembersconcerned .
PARTII
ADMINISTRATION
Article9
Constitution oftheCouncil
1.TheInternationalWheatCouncil,establishedbythe
InternationalWheatAgreement,1949,shallcontinuein
beingforthepurposeofadministeringthisConventionwith
themembership,powersandfunctionsprovidedinthis
Convention .
2.MembersmayberepresentedatCouncilmeetingsby
delegates,alternatesandadvisers.
3.TheCouncilshallelectachairmanandavice-chairman
whoshallholdofficeforonecropyear.Thechairmanshall
havenovoteandthevice-chairman shallhavenovotewhile
actingaschairman.
Article10
PowersandfunctionsoftheCouncil
1.TheCouncilshallestablishitsrulesofprocedure.
2.TheCouncilshallkeepsuchrecordsasarerequiredby
thetermsofthisConventionandmaykeepsuchother
recordsasitconsidersdesirable.
3.InordertoenabletheCounciltodischargeitsfunctions
underthisConvention,theCouncilmayrequest,and
membersundertaketosupply,subjecttotheprovisionsof
paragraph2ofArticle7,suchstatisticsandinformationas
arenecessaryforthispurpose.4.TheCouncilmay,byspecialvote,delegatetoanyofits
committees,ortotheexecutivedirector,theexerciseof
powersorfunctionsotherthanthefollowing:
(a)decisionsonmattersunderArticle8;
(b)review,underArticle11,ofthevotesofmemberslisted
intheAnnex;
(c)determinationofexportingandimportingmembersand
distributionoftheirvotesunderArticle12;
(d)locationoftheseatoftheCouncilunderparagraph1of
Article13; '
(e)appointmentoftheexecutivedirector,underparagraph
2ofArticle17;
(f)adoptionofthebudgetandassessmentofmembers'
contributions underArticle21;
(g)suspensionofthevotingrightsofamemberunder
paragraph6ofArticle21;
(h)anyrequesttotheSecretary-General ofUnctadto
conveneanegotiatingconferenceunderArticle22;
(i)exclusionofamemberfromtheCouncilunder
Article30;
(j)recommendation ofanamendmentunderArticle32;
(k)extensionorterminationofthisConventionunder
Article33.

17.7.86 OfficialJournaloftheEuropeanCommunities NoL195/9
TheCouncilmayatanytimerevokesuchdelegationbya
majorityofthevotescast.
5.Anydecisionmadeunderanypowersorfunctions
delegatedbytheCouncilinaccordancewithparagraph4of
thisArticleshallbesubjecttoreviewbytheCouncilatthe
requestofanymembermadewithinaperiodwhichthe
Councilshallprescribe.Anydecisioninrespectofwhichno
requestforreviewhasbeenmadewithintheprescribed
periodshallbebindingonallmembers.
6.Inadditiontothepowersandfunctionsspecifiedinthis
ConventiontheCouncilshallhavesuchotherpowersand
performsuchotherfunctionsasarenecessarytocarryoutthe
termsofthisConvention .membersandwhichmembersshallbeimportingmembers
forthepurposesoftheConvention .Insodeciding,the
Councilshalltakeaccountofthewheattradingpatternsof
thosemembersandoftheirownviews.
2.AssoonastheCouncilhasdeterminedwhichmembers
shallbeexportingandwhichshallbeimportingmembers
underthisConvention,theexportingmembers,onthebasis
oftheirvotesunderArticle11,shalldividetheirvotesamong
themastheyshalldecide,subjecttotheconditionslaiddown
inparagraph3ofthisArticle,andtheimportingmembers
shallsimilarlydividetheirvotes.
3.Forthepurposesoftheallocationofvotesunder
paragraph2ofthisArticle,theexportingmembersshall
togetherhold1000votes,andtheimportingmembersshall
togetherhold1000votes.Nomembershallholdmorethan
333votesasanexportingmemberormorethan333votesas
animportingmember.Thereshallbenofractionalvotes.
4.Thelistsofexportingandimportingmembersshallbe
reviewedbytheCouncil,inthelightofchangingpatternsin
theirwheattrade,afteraperiodofthreeyearsfollowingthe
entryintoforceoftheConvention .Theyshallalsobe
reviewedwhenevertheConvention isextendedunder
paragraph2ofArticle33.
5.Attherequestofanymember,theCouncilmay,atthe
beginningofanycropyear,agreebyspecialvotetothe
transferofthatmemberfromthelistofexportingmembersto
thelistofimportingmembers,orfromthelistofimporting
memberstothelistofexportingmembers,asappropriate .
6.Thedistributionofthevotesofexportingand
importingmembersshallbereviewedbytheCouncil
wheneverthelistsoftheexportingandimportingmembers
arechangedunderparagraph4or5ofthisArticle.Any
redistributionofvotesunderthisparagraphshallbesubject
totheconditionssetoutinparagraph3ofthisArticle.
7.WheneveranyGovernmentbecomes,orceasestobe,a
partytothisConvention,theCouncilshallredistributethe
votesoftheotherexportingorimportingmembers,as
appropriate,inproportiontothenumberofvotesheldby
eachmember,subjecttotheconditionssetoutinparagraph3
ofthisArticle.
8.Anyexportingmembermayauthorizeanyother
exportingmember,andanyimportingmembermay
authorizeanyotherimportingmember,torepresentits
interestsandtoexerciseitsvotesatanymeetingormeetings
oftheCouncil.Satisfactoryevidenceofsuchauthorization
shallbesubmittedtotheCouncil.
9.IfatanymeetingoftheCouncilamemberisnot
representedbyanaccrediteddelegateandhasnotauthorized
anothermembertoexerciseitsvotesinaccordancewith
paragraph8ofthisArticle,orifatthedateofanymeeting
anymemberhasforfeited,hasbeendeprivedof,orhas
recovereditsvotesunderanyprovisionsofthisConvention,
thetotalvotestobeexercisedbytheexportingmembersat
thatmeetingshallbeadjustedtoafigureequaltothetotalofArticle11
Votesforentryintoforceandbudgetaryprocedures
1.Forthepurposesoftheentryintoforceofthis
Conventionunderparagraph1ofArticle28,thevotesof
eachGovernment shallbeassetoutintheAnnex.
2.Forthepurposesoftheassessmentoffinancial
contributions underArticle21,thevotesofmembersshall
bebasedonthosesetoutintheAnnexsubjecttothe
following:
(a)upontheentryintoforceoftheConvention,theCouncil
shallredistributethevotesintheAnnexamongthe
Governments whichhavedepositedinstrumentsof
ratification,acceptance,approvaloraccessiontothe
Convention,ordeclarationsofprovisionalapplication
ofit,inproportiontothenumberofvotesheldbyeach
ofthemintheAnnex;
(b)aftertheConventionhasenteredintoforce,whenever
anyGovernmentbecomes,orceasestobe,apartytothis
Convention,theCouncilshallredistributethevotesof
theothermembersinproportiontothenumberofvotes
heldbyeachmemberlistedintheAnnex;
(c)threeyearsaftertheentryintoforceofthisConvention,
andwhenevertheConvention isextendedunder
paragraph2ofArticle33,theCouncilshallreviewand
mayadjustthevotesofmemberslistedintheAnnex.
3.Forallotherpurposesregardingtheadministration of
theConvention,thevotestobeexercisedbymembersshall
beasdeterminedunderArticle12.
Article12
Determination ofexportingandimportingmembersand
distributionoftheirvotes
1.AtthefirstsessionheldunderthisConvention,the
Councilshallestablishwhichmembersshallbeexporting

NoL195/10 OfficialJournaloftheEuropeanCommunities 17.7.86
votestobeexercisedatthatmeetingbytheimporting
membersandredistributedamongexportingmembersin
proportiontotheirvotes.members.TheCouncilshallappointthechairmanofthe
executivecommitteeandmayappointavice-chairman .
2.Theexecutivecommitteeshallberesponsibletoand
workunderthegeneraldirectionoftheCouncil.Itshallhave
suchpowersandfunctionsasareexpresslyassignedtoit
underthisConventionandsuchotherpowersandfunctions
astheCouncilmaydelegatetoitunderparagraph4of
Article10.
3.Theexportingmembersontheexecutivecommittee
shallhavethesametotalnumberofvotesastheimporting
members.Thevotesoftheexportingmembersonthe
executivecommitteeshallbedividedamongthemasthey
shalldecide,providedthatnosuchexportingmembershall
havemorethan40%ofthetotalvotesofthoseexporting
members.Thevotesoftheimportingmembersonthe
executivecommitteeshallbedividedamongthemasthey
shalldecide,providedthatnosuchimportingmembershall
havemorethan40%ofthetotalvotesofthoseimporting
members.
4.TheCouncilshallprescriberulesofprocedure
regardingvotingintheexecutivecommitteeandmaymake
suchotherprovisionregardingrulesofprocedureinthe
executivecommitteeasitthinksfit.Adecisionofthe
executivecommitteeshallrequirethesamemajorityofvotes
asthisConventionprescribesfortheCouncilwhenmakinga
decisiononasimilarmatter.
5.AnymemberoftheCouncilwhichisnotamemberof
theexecutivecommitteemayparticipate,withoutvoting,
inthediscussionofanyquestionbeforetheexecutive
committeewheneverthelatterconsidersthattheinterestsof
thatmemberareaffected.Article13
Seat,sessionsandquorum
1.TheseatoftheCouncilshallbeinLondonunlessthe
Councildecidesotherwise.
2.TheCouncilshallmeetatleastonceduringeachhalfof
eachcropyearandatsuchothertimesasthechairmanmay
decide,orasotherwiserequiredbythisConvention .
3.ThechairmanshallconveneasessionoftheCouncilif
sorequestedby(a)fivemembersor(b)oneormoremembers
holdingatotalofnotlessthan10percentofthetotalvotesor
(c)theexecutivecommittee.
4.Thepresenceofdelegateswithamajorityofthevotes
heldbytheexportingmembersandamajorityofthevotes
heldbytheimportingmemberspriortoanyadjustmentof
votesunderparagraph9ofArticle12shallbenecessaryto
constituteaquorumatanymeetingoftheCouncil.
Article14
Decisions
1.ExceptwhereotherwisespecifiedinthisConvention,
decisionsoftheCouncilshallbebyamajorityofthevotes
castbytheexportingmembersandamajorityofthevotes
castbytheimportingmembers,countedseparately.
2.Withoutprejudicetothecompletelibertyofactionof
anymemberinthedetermination andadministration ofits
agriculturalandpricepolicies,eachmemberundertakesto
acceptasbindingalldecisionsoftheCouncilunderthe
provisionsofthisConvention .Article16
Sub-committee onMarketConditions
1.Theexecutivecommittee shallestablisha
sub-committee onMarketConditionsconsistingof
representatives ofnotmorethansixexportingandsix
importingmembers.Thechairmanofthesub-committee
shallbeappointedbytheexecutivecommittee.
2.Thesub-committee shallkeepundercontinuous
review,andreporttomemberson,allmattersaffectingthe
worldgraineconomy.Thesub-committee shalltake
account,initsreview,ofrelevantinformationsuppliedby
anymemberoftheCouncil.
3.Thesub-committee shallsupplementtheguidance
givenbytheCounciltoassisttheSecretariatincarryingout
theworkenvisagedinArticle3.
4.Thesub-committee shallmakespecialeffortsto
involveothermembersoftheCouncilinitsdiscussionof
questionsthatdirecdyaffecttheirinterests,suchastheir
nationalgrainpolicies,orparticularlyinthecaseof
developingcountries,theirimportrequirements .Any
memberoftheCouncilwhichisnotamemberofthe
sub-committee mayattenditsmeetingsasanobserver.ArticleIS
Executivecommittee
1.TheCouncilshallestablishanexecutivecommittee
consistingofnotmorethansixexportingmemberselected
annuallybytheexportingmembersandnotmorethaneight
importingmemberselectedannuallybytheimporting

17.7.86 OfficialJournaloftheEuropeanCommunities NoL195/11
5.Thesub-committee shalladviseinaccordancewiththe
relevantArticlesoftheConventionandonanymatterswhich
theCouncilortheexecutivecommitteemayrefertoit.laiddownbytheUnitedNationsthroughitsappropriate
organsorbyitsspecializedagenciesregarding
intergovernmental commodityagreements,theinconsistency
shallbedeemedtobeacircumstanceaffectingadverselythe
operationofthisConventionandtheprocedureprescribedin
Article32shallbeapplied.Article17
Secretariat
1.TheCouncilshallhaveaSecretariatconsistingofan
executivedirector,whoshallbeitschiefadministrative
officer,andsuchstaffasmayberequiredfortheworkofthe
Councilanditscommittees .
2.TheCouncilshallappointtheexecutivedirectorwho
shallberesponsiblefortheperformanceoftheduties
devolvingupontheSecretariatintheadministration ofthis
Conventionandfortheperformanceofsuchotherdutiesas
areassignedtohimbytheCouncilanditscommittees .
3.Thestaffshallbeappointedbytheexecutivedirectorin
accordancewithregulationsestablishedbytheCouncil.
4.Itshallbeaconditionofemploymentoftheexecutive
directorandofthestaffthattheydonotholdorshallceaseto
holdfinancialinterestinthegraintradeandthattheyshall
notseekorreceiveinstructionsregardingtheirdutiesunder
thisConventionfromanyGovernmentorfromanyother
authorityexternaltotheCouncil.Article20
Privilegesandimmunities
1.TheCouncilshallhavelegalpersonality .Itshallin
particularhavethecapacitytocontract,acquireanddispose
ofmovableandimmovablepropertyandtoinstitutelegal
proceedings .
2.Thestatus,privilegesandimmunitiesoftheCouncilin
theterritoryoftheUnitedKingdomshallcontinuetobe
governedbytheHeadquarters Agreementbetweenthe
GovernmentoftheUnitedKingdomofGreatBritainand
NorthernIrelandandtheInternational WheatCouncil
signedatLondonon28November1968.
3.TheAgreementreferredtoinparagraph2ofthis
ArticleshallbeindependentofthepresentConvention .It
shallhoweverterminate :
(a)byagreementbetweentheGovernmentoftheUnited
KingdomofGreatBritainandNorthernIrelandandthe
Council,or
(b)intheeventoftheseatoftheCouncilbeingmovedfrom
theUnitedKingdom,or
(c)intheeventoftheCouncilceasingtoexist.
4.IntheeventoftheseatoftheCouncilbeingmoved
fromtheUnitedKingdom,theGovernmentofthememberin
whichtheseatoftheCouncilissituatedshallconcludewith
theCouncilaninternationalagreementrelatingtothestatus,
privilegesandimmunitiesoftheCouncil,itsexecutive
director,itsstaffandrepresentatives ofmembersatmeetings
convenedbytheCouncil.Article18
Admissionofobservers
TheCouncilmayinviteanynon-memberState,andany
intergovernmental organization,toattendanyofitsmeetings
asanobserver.
Article19
Cooperationwithotherintergovernmental organizations
1.TheCouncilmaymakewhateverarrangements are
appropriateforconsultationorcooperationwiththeUnited
Nationsanditsorgans,inparticulartheUnitedNations
ConferenceonTradeandDevelopment ,andwiththeFood
andAgricultureOrganizationandsuchotherspecialized
agenciesoftheUnitedNationsandintergovernmental
organizations asmayappropriate .
2.TheCouncil,bearinginmindtheparticularroleofthe
UnitedNationsConferenceonTradeandDevelopment in
international commoditytrade,will,asitconsiders
appropriate,keeptheUnitedNationsConferenceonTrade
andDevelopmentinformedofitsacitivitiesandprogrammes
ofwork.
3.IftheCouncilfindsthatanytermsofthisConvention
aremateriallyinconsistentwithsuchrequirementsasmaybeArticle21
Finance
1.TheexpensesofdelegationstotheCouncilandof
representatives onitscommitteesandsub-committees shall
bemetbytheirrespectiveGovernments .Theotherexpenses
necessaryfortheadministration ofthisConventionshallbe
metbyannualcontributions fromallmembers.The
contributionofeachmemberforeachcropyearshallbein
theproportionwhichthenumberofitsvotesintheAnnex
bearstothetotalofthevotesofmembersintheAnnex,as
adjustedunderparagraph2ofArticle11toreflectthe
membershipoftheConventionatthetimewhenthebudget
forthatcropyearisadopted.

NoL195/12 OfficialJournaloftheEuropeanCommunities 17.7.86
7.Amemberwhosevotingrightshavebeensuspended
underparagraph6ofthisArticleshallnotbedeprivedofany
ofitsotherrightsorrelievedofanyofitsobligationsunder
thisConvention,unlesstheCouncilsodecidesbyspecial
vote.Itshallremainliabletopayitscontributionandtomeet
anyotherofitsfinancialobligationsunderthis
Convention .
8.TheCouncilshall,eachcropyear,publishanaudited
statementofitsreceiptsandexpendituresintheprevious
cropyear.
9.TheCouncilshall,priortoitsdissolution,providefor
thesettlementofitsliabilitiesandthedisposalofitsrecords
andassets.2.AtitsfirstsessionafterthisConventioncomesinto
force,theCouncilshallapproveitsbudgetforthecropyear
ending30June1987,andassessthecontributiontobepaid
byeachmember.
3.TheCouncilshall,atasessionduringthesecondhalfof
eachcropyear,approveitsbudgetforthefollowingcropyear
andassessthecontributiontobepaidbyeachmemberfor
thatcropyear.
4.Theinitialcontributionofanymemberaccedingtothis
Conventionunderparagraph1ofArticle27shallbeassessed
bytheCouncilonthebasisofthevotestobedistributedtoit
underparagraph2(b)ofArticle11andtheperiodremaining
inthecurrentcropyear,buttheassessmentsmadeupon
othermembersforthecurrentcropyearshallnotbe
altered.
5.Contributions shallbepayableimmediatelyupon
assessment .
6.If,attheendofsixmonthsfollowingthedateonwhich
itscontributionisdueinaccordancewithparagraph5ofthis
Article,amemberhasnotpaiditsfullcontribution ,the
executivedirectorshallrequestthemembertomakepayment
asquicklyaspossible.If,attheexpirationofsixmonthsafter
therequestoftheexecutivedirector,thememberhasstillnot
paiditscontribution,itsvotingrightsintheCouncilandin
theexecutivecommitteeshallbesuspendeduntilsuchtimeas
ithasmadefullpaymentofthecontribution .Article22
Economicprovisions
Inordertoassuresuppliesofwheatandothergrainsto
importingmembersandmarketsforwheatandothergrains
toexportingmembersatequitableandstableprices,the
Councilshallatanappropriatetimeexaminethepossibility
ofthenegotiationofanewinternationalagreementor
conventionwitheconomicprovisions.Whenitisjudgedthat
suchanegotiationcouldbesuccessfullyconcluded,the
CouncilshallrequesttheSecretary-General oftheUnited
NationsConferenceonTradeandDevelopmenttoconvenea
negotiatingconference.
PARTIII
FINALPROVISIONS
Article25
Ratification,acceptance,approvalArticle23
Depositary
1.TheSecretary-General oftheUnitedNationsishereby
designatedasthedepositaryofthisConvention .
2.Thedepositaryshallnotifyallsignatoryandacceding
Governmentsofeadisignature,ratification,acceptance,
approval,provisionalapplicationof,andaccessionto,this
Convention,aswellaseachnotificationandnoticereceived
underArticles29and32.1.ThisConventionshallbesubjecttoratification,
acceptanceorapprovalbyeachsignatoryGovernmentin
accordancewithitsrespectiveconstitutionalprocedures.
2.Instrumentsofratification,acceptanceorapproval
shallbedepositedwiththedepositarynotlaterthan30June
1986.TheCouncilmay,however,grantoneormore
extensionsoftimetoanysignatoryGovernmentwhichis
unabletodeposititsinstrumentbythatdate.TheCouncil
shallinformthedepositaryofallsuchextensionsoftime.
Article24
Signature
ThisConventionshallbeopenforsignatureatUnited
Nationsheadquartersfrom1May1986untilandincluding
30June1986bytheGovernmentslistedintheAnnexand
anyGovernmentmemberoftheUnitedNationsConference
onTradeandDevelopment .-Article26
Provisionalapplication
AnysignatoryGovernmentandanyotherGovernment
eligibletosignthisConvention,orwhoseapplicationfor
accessionisapprovedbytheCouncil,maydepositwiththe

17.7.86 OfficialJournaloftheEuropeanCommunities NoL195/13
depositaryadeclarationofprovisionalapplication.Any
Government depositingsuchadeclaration shall
provisionallyapplythisConventionandbeprovisionally
regardedasapartythereto.butshallnottherebybereleasedfromanyobligationsunder
thisConventionwhichhavenotbeendischargedbytheend
ofthatcropyear.Themembershallsimultaneously inform
theCounciloftheactionithastaken.
Article30
Exclusion
IftheCouncilfindsthatanymemberisinbreachofits
obligationsunderthisConventionanddecidesfurtherthat
suchbreachsignificantlyimpairstheoperationofthis
Convention,itmay,byspecialvote,excludesuchmember
fromtheCouncil.TheCouncilshallimmediatelynotifythe
depositaryofanysuchdecision.90daysafterthedateofthe
Council'sdecision,thatmembershallceasetobeamember
oftheCouncil.Article27
Accession
1.AnyGovernmentlistedintheAnnexandany
GovernmentmemberoftheUnitedNationsConferenceon
TradeandDevelopment mayaccedetothepresent
Conventionuntilandincluding30June1986,exceptthat
theCouncilmaygrantoneormoreextensionsoftimetoany
Governmentwhichhasnotdepositeditsinstrumentbythat
date.
2.ThisConventionshallbeopenforaccessionafter
30June1986bytheGovernmentsofallStatesuponsuch
conditionsastheCouncilconsidersappropriate .Accession
shallbeeffectedbythedepositofaninstrumentofaccession
withthedepositary.Suchinstrumentsofaccessionshallstate
thattheGovernmentacceptsalltheconditionsestablishedby
theCouncil.
3.Where,forthepurposesoftheoperationofthis
Convention,referenceismadetomemberslistedinthe
Annex,anymembertheGovernmentofwhichhasaccededto
thisConventiononconditionsprescribedbytheCouncilin
accordancewiththisArticleshallbedeemedtobelistedinthe
Annex.Article31
Settlementofaccounts
1.TheCouncilshalldetermineanysettlementof
accountswhichitfindsequitablewithamemberwhichhas
withdrawnfromthisConventionorwhichhasbeenexcluded
fromtheCouncil,orhasotherwiseceasedtobeapartytothis
Convention .TheCouncilshallretainanyamountsalready
paidbysuchmember.Suchmembershallbeboundtopay
anyamountsduefromittotheCouncil.
2.UponterminationofthisConvention,anymember
referredtoinparagraph1ofthisArticleshallnotbeentitled
toanyshareoftheproceedsoftheliquidationortheother
assetsoftheCouncil;norshallitbeburdenedwithanypart
ofthedeficit,ifany,oftheCouncil.Article28
Entryintoforce
1.ThisConventionshallenterintoforceon1July1986if
instrumentsofratification,acceptance,approvalor
accession,ordeclarationsofprovisionalapplicationhave
beendepositednotlaterthan30June1986onbehalfof
Governmentsholding,atleast,60%ofvotessetoutinthe
Annex.
2.IfthisConvention doesnotenterintoforcein
accordancewithparagraph 1ofthisArticle,the
Governments whichhavedepositedinstrumentsof
ratification,acceptance,approvaloraccession,or
declafationsofprovisionalapplicationmaydecidebymutual
consentthatitshallenterintoforcebetweenthemselves,or
maytakewhateveractiontheyconsiderthesituation
requires.Article32
Amendment
1.TheCouncilmaybyspecialvoterecommendto
membersanamendment ofthisConvention .The
amendmentshallbecomeeffective100daysafterthe
depositaryhasreceivednotificationsofacceptancefrom
exportingmemberswhichholdtwo-thirdsofthevotesofthe
exportingmembersandbyimportingmemberswhichhold
two-thirdsofthevotesoftheimportingmembers,oronsuch
laterdateastheCouncilmayhavedeterminedbyspecial
vote.TheCouncilmayfixatimewithinwhicheachmember
shallnotifythedepositaryofitsacceptanceofthe
amendmentand,iftheamendmenthasnotbecomeeffective
bysuchtime,itshallbeconsideredwithdrawn.TheCouncil
shallprovidethedepositarywiththeinformationnecessary
todeterminewhetherthenotificationsofacceptancereceived
aresufficienttomaketheamendmenteffective.
2.Anymemberonbehalfofwhichnotificationof
acceptanceofanamendmenthasnotbeenmadebythedate
onwhichsuchamendmentbecomeseffectiveshallasofthatArticle29
Withdrawal
AnymembermaywithdrawfromthisConventionattheend
ofanycropyearbygivingwrittennoticeofwithdrawaltothe
depositaryatleast90dayspriortotheendofthatcropyear,

NoL195/14 OfficialJournaloftheEuropeanCommunities 17.7.86
dateceasetobeapartytothisConvention,unlesssuch
memberhassatisfiedtheCouncilthatacceptancecouldnot
besecuredintimeowingtodifficultiesincompletingits
constitutionalproceduresandtheCouncildecidestoextend
forsuchmembertheperiodfixedforacceptance.Such
membershallnotbeboundbytheamendmentbeforeithas
notifieditsacceptancethereof.doesnotacceptsuchextensionofthisConventionshallso
informtheCouncilandshallceasetobeapartytothis
Conventionfromthebeginningoftheperiodof
extension .
3.TheCouncilmayatanytimedecide,byspecialvote,to
terminatethisConventionwitheffectfromsuchdateand
subjecttosuchconditionsasitmaydetermine.
4.UponterminationofthisConvention,theCouncil
shallcontinueinbeingforsuchtimeasmayberequiredto
carryoutitsliquidationandshallhavesuchpowersand
exercisesuchfunctionsasmaybenecessaryforthat
purpose.
5.TheCouncilshallnotifythedepositaryofanyaction
takenunderparagraph2or3ofthisArticle.
Article34
RelationshipofpreambletoConvention
ThisConventionincludesthepreambletotheInternational
WheatAgreement,1986.Article33
Duration,extensionandtermination
1.ThisConventionshallremaininforceuntil30June
1991,unlessextendedunderparagraph2ofthisArticle,or
terminatedearlierunderparagraph3ofthisArticle,or
replacedbeforethatdatebyanewagreementorconvention
negotiatedunderArticle22.
2.TheCouncilmay,byspecialvote,extendthis
Conventionbeyond30June1991forsuccessiveperiodsnot
exceedingtwoyearsoneachoccasion.Anymemberwhich
Inwitnesswhereoftheundersigned,havingbeendulyauthorizedtothiseffectbytheirrespective
Governments ,havesignedthisConventiononthedatesappearingoppositetheirsignatures.
DoneatLondon,thisfourteenthdayofMarch,OneThousand,NineHundredandEighty-Six,the
textsofthisConventionintheEnglish,French,RussianandSpanishlanguagesbeingequally
authentic.

17.7.86 OfficialJournaloftheEuropeanCommunities NoL195/15
ANNEX
VOTESOFMEMBERSUNDERARTICLE11
10
5
2
2
10
8
15
18
2
19
12
11
10
18
5
4
5
4
129
311
1
30
2Algeria
Argentina
Australia
Austria
Barbados
Bolivia
Brazil
Canada
CostaRica
Cuba
DominicanRepublic
Ecuador
Egypt(ArabRepublicof)
ElSalvador
EuropeanEconomicCommunity
Finland
Ghana
Guatemala
India
Iran
Iraq
Israel
Japan
Kenya
Korea,Republicof14
88
129
1
1
5
70
286
.3
2
1
3
71
2
424
2
2
3
39
2
5
5
185
4
20Lebanon
LibyanArabJamahiriya
Malta
Mauritius
Morocco
Nigeria
Norway
Pakistan
Panama
Peru
SaudiArabia
SouthAfrica
Sweden
Switzerland
SyrianArabRepublic
TrinidadandTobago
Tunisia
Turkey
UnionofSovietSocialistRepublics
UnitedStatesofAmerica
VaticanCity
Venezuela
YemenArabRepublic
2000