EN OfficialJournaloftheEuropeanCommunities 21.9.1999 L248/27
COMMISSION REGULATION (EC) No 2013/1999
of 20 September 1999
determining the world market price for unginned cotton and the rate for the aid
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European
Community,
Having regard to the Act of Accession of Greece, and in
particularparagraphs3and10ofProtocol4oncotton,aslastamended by Council Regulation (EC) No 1553/95(
1),
Having regard to Council Regulation (EC) No 1554/95 of 29
June 1995(2) laying down general rules for the system of aid
forcottonandrepealingRegulation(EEC)No2169/81,aslastamendedbyRegulation(EC)No1419/98(
3),andinparticular
Articles 3, 4 and 5 thereof,
(1)Whereas Article 3 of Regulation (EC) No 1554/95requiresaworldmarketpriceforunginnedcottontobeperiodically determined from the world market pricedetermined for ginned cotton, using the historical rela-tionshipbetweenthetwopricesasspecifiedinArticle1(2) of Commission Regulation (EEC) No 1201/89 of 3May 1989 laying down rules for implementing thesystemofaidforcotton(
4),aslastamendedbyRegula-
tion (EC) No 1624/1999(5); whereas if it cannot be
determinedinthiswayitistobebasedonthelastpricedetermined;
(2)Whereas Article 4 of Regulation (EC) No 1554/95requirestheworldmarketpriceforginnedcottontobedeterminedforaproductofspecificcharacteristicsusingthemostfavourableoffersandquotationsontheworldmarket of those considered representative of the realmarket trend; whereas to this end an average is to becalculated of offers and quotations on one or moreEuropeanexchangesforacifproducttoaNorthEuro-pean port from the supplier countries considered mostrepresentative as regards international trade; whereastheserulesfordeterminationoftheworldmarketpricefor ginned cotton provide for adjustments to reflectdifferences in product quality and the nature of offers
andquotations;whereastheseadjustmentsarespecifiedin Article 2 of Regulation (EEC) No 1201/89;
(3)Whereasapplicationoftheaboverulesgivestheworldmarket price for unginned cotton indicated hereunder;
(4)Whereas the second subparagraph of Article 5(3a) ofRegulation(EC)No1554/95stipulatesthattheadvancepaymentratefortheaidistobetheguidepricelesstheworldmarketpriceandlessafurtheramountcalculatedby the formula applicable when the guaranteedmaximumquantityisoverrunbutwitha15%increaseintheestimateforunginnedcottonproduction;whereasCommission Regulation (EC) No 1870/1999(
6) deter-
mined estimated production for the 1999/2000marketingyear;whereasapplicationoftheserulesgivesthe advance payment rates for each Member State in-dicated hereunder,
HAS ADOPTED THIS REGULATION:
Article 1
1. Theworldmarketpriceforunginnedcottonasindicated
in Article 3 of Regulation (EC) No 1554/95 is set atEUR 21,535/100 kg.
2. AdvancepaymentoftheaidasindicatedinArticle5(3a),
secondsentence,ofRegulation(EC)No1554/95shallbeattherate of:
— EUR 42,032/100 kg in Spain,— EUR 41,713/100 kg in Greece,— EUR 84,765/100 kg in other Member States.
Article 2
ThisRegulationshallenterintoforceon21September1999.
(1) OJ L 148, 30.6.1995, p. 45.
(2) OJ L 148, 30.6.1995, p. 48.
(3) OJ L 190, 4.7.1998, p. 4.
(4) OJ L 123, 4.5.1989, p. 23.
(5) OJ L 192, 24.7.1999, p. 39. (6) OJ L 230, 31.8.1999, p. 3.
EN OfficialJournaloftheEuropeanCommunities 21.9.1999 L248/28
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMemberStates.
Done at Brussels, 20 September 1999.
For the Commission
Franz FISCHLER
Member of the Commission