ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(73)309
Vol.1973/0049

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COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(73)309final
Brussels,26February1973
Recommendation fora
COUNCILDECISION
on"thepositiontobetaken "bytheCommunitywithin
theOECDasregardsanAgreementconcerningaircraft
(submittedtotheCouncilbytheCommission)
COIl(73)309final

Direetorate-General
for
ExternalTradeDoc.No.Xl/34/73-d
RECOMMENDATION FORACOUNCILDECISIONONTHEPOSITIONTOBE
TAKENBYTHECOMMUNITY WITHINTHEOECDASREGARDSANAGREEMENT CON­
CERNINGAIRCRAFT.
THECOUNCILOFTHEEUROPEANCOMMUNITIES j
HavingregardtotheTreatyestablishing theEuropeanEconomicCommu­
nity,andinparticularArticle113thereof;
Havingregardtotherecommendation fromtheCommission ;
Whereascertaindirectionsshouldheissuedasregardstheposition
tobetakenbytheCommunityshouldadoptwithintheOECDinrelation
tothepreparationofanagreementconcerningaircraft;
HASADOPTEDTHISDECISION:
SoleArticle
Uponthepreparation withOECDofanagreementconcerningair­
craft,theCommissionshallexpresstheCommunity'sviewpointinaccor­
dancewitht-hedirectionssetoutintheAnnex.
Itshallactinconsultation withthespecialcommitteereferred
toinArticle113oftheTreatywhichshallassisttheCommissionin
itstask.
FortheCouncil
DoneatBrussels,19

Doc.No.XI/34/73-E
ANNEXE
TheCommissionshallwithintheOECDendeavourtosecureanagreement
basedonthefollowingprinciples :
I.SCOPEOFAOREEMENT
TheAgreementshallrelatetothecredittermsapplicabletosabs
orhirepurchase contracts ,fortheexportofhelicopters intended
forcivilairtransport.
II.DURATIONOFCREDIT
Themaximumdurationofcreditshallbedeterminedbyreferenceboth
tothetypeofaircraftandtothefullcostofthetransaction .Air­
craftshallbeclassifiedasunderapplicableprotocolswhichlist
aircraftfallingwithineachcategory.
Byreferencetotypeofaircraft,themaximumdurationofcredit
shallbeasfollows:
-"A.Civil'jettransportaircraft 10years
''BiCivilturbo-proptransportaircraft 8years
>c;Jetandturbo-propeller ;executiveaircraft:
(l)inthecaseoftransactionsrelatingto
oneaircraft 7years
(2)inthecaseoftransactionsrelatingto
morethanoneaircraft 8years
D.Allothertypesofsubsonicaircraftinclu­
dinghelicopters 5years
Byreferencetothefullcostofthetransaction,themaximum
durationofcreditshallbeasfollows:
A.Foramountsexceeding 5m*u.a.
B.Foramountsexceeding10m.u.a.7years
8years

Doo.No.n/34/73-E
OTHERTERMS..
1.Thedown-pa.yment madebeforeoratthetimeofdeliveryshall
beofnolessthan10%ofthecostofthetransaction,noless
than%beingpayableuponsignatureofthecontract.
2.Paymentshallbemaderegularlybyequalhalf-yearlyofex­
ceptionallyyearlyinstalments ,theperiodbeingreckoned
fromthedateofeachdeliveryorfromthemiddledatebetween
deliveries.
3.Itisevidentthat(national)andpolioiesandpracticiesmust
-notbereserted .toinordertocircumventtheagreement.If,
however,apartytotheagreement,bywayofexceptionandfor
genuineaidpurposes,wishestograntmorefavourableterms
inanyparticularinstance,itmaydoso,onconditionthat
itgivessufficientnoticeofitsintentiontotheotherpar­
•ties-(atleastsixweeksbeforeissuingtheauthorization for
thegrantoffundsforthatpurpose).
4.Wherethereiscompetitionforacontractbetweenairoraftof
differentcategoriesthepartiestotheagreementshallbe
authorizedtoaligntheircreditfacilitesasregardsduration
onthelongesttermswhichmayofficiallybegrantedinthe
caseofthecompetingaircraft.