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COMMISSION OF THE EUROPEAN COMMUNITIES 
Brussels, 16.07.1996 
COM(96) 337 final 
REPORT FROM THE COMMISSION 
on the operation in 1995 of the 
export earnings stabilization system under 
the fourth Lomé Convention 

I. INTRODUCTION 
1. Article 31(3) of the Internal Agreement on the financing and administration of 
Community aid states: 
"Each year the Commission shall draw up a comprehensive report for the Member 
States on the operation of the system of stabilization of export earnings and the use 
made by the ACP States of the funds transferred. " 
2. This report covers the activities of the ACP-EC institutions and the administration of 
the system in 1995, paying special attention to the allocation of transfers for 1994, the 
fifth year of application of Stabex under the fourth Lomé Convention. 
As had been predicted a year ago the financial situation of the system has continued to 
improve, to such an extent that transfers for 1994 were almost totally covered (see 
point 9 below). 
Later on there will be a special publication on Stabex under the first Financial Protocol 
to the fourth Lomé Convention (application years 1990-94), with the aim of making a 
wide public increasingly aware of the impact of the use of funds in the recipient ACP 
States. 
II. ACTIVITIES OF THE ACP-EC INSTITUTIONS 
3. The operation of Stabex was discussed at the 20th session of the ACP-EC Council of 
Ministers (Port Louis, 3 to 5 November 1995) and at the 42nd meeting of the ACP-EC 
Committee of Ambassadors (Brussels, 16 October). 
4. Discussions focused on: 
(a) a request from Sudan to obtain Stabex transfers which were blocked because of the 
suspension of cooperation with Sudan; 
(b) a request from Tonga to include pumpkins in the list of products covered by 
Stabex. The Council decided against this. Tonga was, however, given assurances 
that the Commission would support efforts to diversify its production. 
5. In the course of the year covered by this report, the Agreement amending the fourth 
ACP-EC Convention was signed in Mauritius on 4 November 1995. The main changes 
with regard to Stabex are: 
(a) increased protection for least-developed, landlocked or island States if there is a 
shortfall in resources (Article 194(5)); 
(b) more explicit formulation of the consultation procedure should there be significant 
changes in marketed production or exports in the application year by comparison 
with the reference year (Article 203); 
(c) new wording designed to ensure consistency between the use of Stabex resources 
and resources for adjustment purposes, where there is an adjustment programme 
in place (Article 209(4)). 
- 2 
III. TRANSFERS FOR THE 1994 APPLICATION YEAR 
6. Calculation of the transfer bases 
For the 1994 application year, the Commission found 26 ACP States to be eligible for 
30 transfers under Stabex. The 30 country/product groups recording losses of earnings 
eligible for compensation are listed in Table 1 of this report (see page 19). 
7. After application of the reduction provided for in Article 197(3) and (4) of the 
Convention, the transfer bases totalled ECU 164 million. 
Under Article 204 of the Convention, the transfer basis calculated using the 
Community's import statistics is reduced to the level of the transfer basis calculated 
using the statistics relating to the exports of the ACP State concerned to-all destinations, 
where the latter amount is less than the former. 
Reductions under Article 203 
Trends in marketed output, total exports, and exports to the Community of the products 
in question meant that consultations between the Commission and representatives of the 
ACP States under Article 203 of the Convention were necessary in many instances. 
The consultations resulted in the following reductions being made: 
3 -
(a) Reductions applied as a result of significant changes in trends in marketed output 
of the product in question. 
Country Product Reduction 
ECU As % transfer 
base 
Burkina Faso 
Chad 
Senegal 
Guinea-Bissau 
Sierra Leone 
Sierra Leone 
Togo 
Zimbabwe 
Lesotho 
Grenada • 
Grenada 
Grenada 
Tanzania 
Cameroon 
Equatorial Guinea 
Solomon Islands 
Tuvalu 
Western Samoa Cotton 
Cotton 
Groundnut 
products 
Palm nuts 
/kernels 
Coffee 
Cocoa 
Cocoa 
Coffee 
Wool 
Cocoa beans 
Bananas 
Nutmeg 
Coffee 
Cocoa products 
Cocoa 
Copra products 
Copra 
Copra products 2 110.787 
2 495.858 
724.913 
271.947 
203.489 
1 533.000 
105.203 
350.436 
104.066 
41.133 
722.861 
422.851 
173.461 
5 354.003 
688.471 
318.776 
7.864 
900.705 -13.1 
-27.6 
-11.7 
-40.6 
-51.1 
-56.4 
-22.6 
-6.4 
24.3 
-31.9 
-39.8 
-30.4 
-5.8 
-30.5 
-30.3 
-20.0 
-63.6 
-43.6 
(b) Reductions applied as a result of a decline in exports to all destinations as a proportion 
of marketed output 
Reduction 
Country Product ECU As % transfer 
base 
Sudan 
Cape Verde 
Zimbabwe 
PNG 
Tonga Cotton 
Bananas 
Coffee 
Cocoa products 
Vanilla 5 073.260 
201.011 
2 416.500 
1 640.754 
33.305 -42.0 
-19.9 
-44.1 
-18.4 
-31.6 
(c) Reductions applied as a result of a decline in exports to the Community as a share of 
exports to all destinations: 
Country Product Reduction 
ECU As % transfer 
base 
Cape Verde 
Grenada Bananas 
Nutmeg 89.497 
164.404 -11.1 
-11.8 
- 5 -
9. Calculating the transfers 
The total amount of eligible transfers, following consultations under Article 203 of the 
Convention where appropriate, therefore totalled ECU 138 089 469. 
The system's available resources amounted to ECU 201 215 231, broken down as 
follows: 
- the instalment for 1994, less the 25% drawn automatically the previous year and less 
the 12.5% drawn exceptionally from the 1994 instalment fo* the 1991 application 
year (ECU 187.5 million); 
- the estimated amount of interest accumulated at 30 June 1995 pursuant to Article 192 
(ECU 13 715 231). 
Because these resources exceeded the total amount of transfers, 100%-coverage of the 
ACP States' eligible losses under the system was possible for the first time since the 
entry into force of the fourth Lomé Convention. In previous years the sharp drop in 
coffee and cocoa prices had undermined the financial equilibrium of Stabex and the 
coverage rates had been only about 40% for application years 1990-92 and 60% for 
1993. 
On 24 July 1995 the Commission decided (C(95)1879) on the Stabex transfers for the 
1994 application year, as listed in Table 1 on page 19. 
The balance available under the 1994 application year, made up of the difference 
between resources and the total amount of transfers, namely ECU 63 125 762, to which 
will be added the interest earned by the Stabex account at the end of 1995, will be the 
subject of a proposal for a Commission decision in 1996. This proposal for a decision 
will be based on the provisions of Article 195 of the Convention, which describes how 
any balance remaining at the end of the period covered by the first Financial Protocol 
should be shared out and paid to the ACP States. 
10. Results by recipient country and product 
Table 2 on page 20 gives the results by recipient country. The results are radically 
different from those of the previous four application years. Two banana-exporting 
countries in the Caribbean whose plantations were devastated, in one case by a cyclone 
and in the other by drought, are the main beneficiaries of the system. 
6 -
11. The results by product (see Table 3, page 21) are also radically different since the two 
products which took the lion's share of transfers are bananas (42.6%), followed by 
cotton (21.4%) whereas coffee and cocoa fell back to third and fourth place with 16.4% 
and 8.8% respectively. The amounts transferred have in many cases provided a 
substantial boost to the total export earnings of the countries concerned, as the 
following examples show: 
ACP State Product Transfer as % 1994 earnings 
all products (estimate) 
Burkina Faso 
Cape Verde 
Dominica 
St Lucia 
St Vincent 
Western Samoa cotton 
bananas 
bananas 
bananas 
bananas 
copra 9.3 
20.0 
24.0 
31.6 
60.0 
39.7 
12. However, a more precise measure of the impact that the additional revenue provided 
by Stabex makes on the sector showing a loss of earnings can be obtained by 
comparing the amounts transferred to the earnings from the products for which the 
transfer is requested. 
ACP State 
Burkina Faso 
Sierra Leone 
Haiti 
Dominica 
St Lucia 
St Vincent 
Western Samoa Product 
cotton 
cocoa 
coffee 
bananas 
bananas 
bananas 
copra Transfer as % 1994 earnings 
from product in question (estimate) 
30.2 
64.1 
47.2 
53.1 
61.5 
207.4 
76.6 
These proportions can be high, especially when exports of the product in question are 
fairly low and fluctuate substantially frorn year to year. When low market prices 
combine with temporary difficulties in the sector, losses of revenue can be severe and 
give rise to relatively large transfers. Even when export revenue from a particular 
product is high, the transfers make a significant contribution. 
7 -
IV. USE OF TRANSFERS 
13. Frameworks of mutual obligations 
Article 210 of Lomé IV reads as follows: 
"When agreement is reached on the use of resources, the ACP State and the 
Commission shall sign a protocol setting up a framework of mutual obligations 
stipulating how the funds are to be used at the various stages of the operations agreed 
on. " 
Below are details of the frameworks of mutual obligations (FMOs) signed, or in 
preparation for signing, since the publication of the report on the operation of Stabex 
in 1994 (COM(95)501 final). 
13.1 COMOROS 
Application years : 1991, 1992 and 1993 
Products : essential oils 1991 ECU 190 226 
essential oils 1992 ECU 61 859 
cloves 1992 ECU 818 833 
essential oils 1993 ECU 493 726 
cloves 1993 ECU 317 372 
Payment dates : 3 February 1993 (1991) 
2 March 1995 (1992) 
2 March 1995 (1993) 
Framework signed : 18 October 1995 
Summary: 
The cause of the losses sustained was the crisis in the essential oils and clove sectors. 
On the basis of Comoros' export strategy, it has been agreed that the funds 'will be 
used in a manner consistent with the aim of developing traditional exports at the 
same time as providing broad-based support mainly in the form of maintenance of 
roads and tracks in the production areas and export promotion. There are plans to 
get export sectors, principally vanilla, up and running again effectively and promptly 
but above all to lay the foundations for future competitive production of quality 
vanilla and Ylang-Ylang essence. _ 
13.2 COTE D'IVOIRE 
Application year : 1993 
Products: cocoa products ECU 8 678 825 
coffee products ECU 23 171 128 
Payment date : 4 November 1994 
Framework signed : 4 July 1995 
Summary: 
The objectives are: 
to promote infrastructure development including communications, social, 
infrastructure, village water engineering, rural electrification and village 
housing, 
to continue efforts to restructure economic activities in the context of state 
withdrawal and a greater role for private operators, in particular-to complete the 
liberalization of domestic marketing operations, 
to help boost the agronomic, organizational and financial capacities of 
cooperative groups and make them more professional. 
In return, the government has undertaken: 
to finalize restructuring and reduce domestic debt servicing in accordance with 
the undertakings given in the macroeconomic policy framework document for 
1994/96; 
to continue the restructuring policies for the coffee, cocoa and cotton sectors in 
accordance with the undertakings entered into with donors under previous FMOs 
and the CASA (agricultural sector adjustment credit facility) currently under 
discussion; 
to take steps to improve the effectiveness of the road maintenance fund (FER) 
and the rural planning fund (FRAR). 
13.3 DOMINICA 
Application years : 1992 and 1993 
Product: bananas 1992 ECU 1 225 825 
bananas 1993 ECU 3 368 793 
Payment date: 26.07.1994 (1992) 
09.09.1994 (1993) 
Framework signed: 21.07.1995 _ 
-9-
Summary: 
STABEX resources will contribute to supporting the implementation by the 
Government of Dominica of a Farm Productivity And Banana Fruit Enhancement 
Programme. The objectives conceived within the country's medium to long-term 
strategy for improved competitiveness of a consolidated banana industry as well as 
diversification of the agricultural sector, comprise: 
a contribution to production recovery from the damages inflicted by tropical 
storm Debbie (Sept. 94); 
productivity and quality improvement in the banana industry; 
restoration of income earning capacity of farm households which are directly 
dependent on agriculture, through subsidies and credit schemes, improved road 
access, improved soil management practices, etc,; 
implementation of projects/activities identified for diversification. 
The Government of Dominica is committed to the general objectives of the strategy 
for the restructuring of the banana industry and will take steps to ensure that the 
rehabilitation process will effectively contribute to the longer term goals, i.e. in 
particular agricultural diversification. 
13.4 ETHIOPIA 
Application years : 1992 and 1993 
Products: coffee 1992 ECU 35 697 326 
hides & skins ECU 5 200 571 
coffee 1993 ECU 27 643 660 
hides & skins ECU 4 949 289 
Payment date: 25.05.1994 (1992) 
01.12.1994(1993) 
Framework signed: 22.03.1996 
Summary: 
Following an updating of their statistical data which revealed that the performance 
of the Ethiopian exports had been better than expected, the entitlements in relation 
to the application year 1993 had to be reduced by ECU 8 325 627 for coffee and by 
ECU 2 568 730 for hides and skins. 
The main causes of the losses sustained in 1992 and 1993 were the persistent 
deterioration of world market prices for coffee, shortage of spare parts for the 
washing stations as well as smuggling of coffee to neighbouring countries. The 
continuous decline of world market prices, smuggling of livestock to neighbouring 
countries and the deterioration in the quality of raw hides and skins have been 
identified as the main causes for the fall in export earnings from hides and skins. 
- 10 
The overall objective of the utilisation of the 1992 and 1993 transfers will be to 
support the economic reform process and development strategy being pursued by the 
Ethiopian Government. 
In particular funds will be provided for the following purposes: 
liberalization measures by the supply of foreign exchange; 
the agricultural sector by the provision of fertilizers and funds for agricultural 
and agricultural related studies; 
the diversification of the export base through focused and targeted support in 
selected areas. 
13.5 GRENADA 
Application year : 1993 
Products: Cocoa ECU 213 084 
Bananas ECU 589 553 
Nutmeg & mace ECU 1 445 902 
Date of payment: 03.10.1994 
Framework signed: 20.12.1995 
Summary: 
Grenada's economic performance is dependent to a large extent on the agricultural 
sector which contributes significantly to export earnings, employment and rural 
income. Hence, a number of measures will be taken to aid farmers in achieving a 
viable activity through 
price support schemes, 
subsidies on farm inputs including the provision of planting material as well as 
pest and disease control, 
acceleration of the diversification of agricultural crops, and 
rehabilitation of farm and feeder roads. 
In addition, the Government is committed to ensuring that agriculture contributes an 
increasing percentage of the' inputs required in the tourism sector, while 
diversification programmes will help to reduce the existing level of food imports. 
- 11 -
13.6 GUINEA BISSAU 
Application year : 1992 
Products : cotton ECU 72 131 
palm products ECU 181 653 
shrimps ECU 140 795 
Payment dates : 23 September 1994 
Framework signed: 1 August 1995 
Summary: 
The main causes of the losses sustained in 1992 were: 
for cotton: the drop in world prices and the unsatisfactory operation of the rural 
development programme in the East, located in the prime cotton production 
area; 
for palm products: the drop in export prices because of poor quality and lack 
of mills and adequate storage facilities; 
for shrimps: fluctuating world prices and the closure of some of the export 
firms. 
The main objectives of the FMO are: 
renewal of palm tree stock with a view to improving product quality; 
modernizing and renovating the artisanal fishing port of Bandim by installing 
an access ramp to make unloading the fish easier; 
diversification by producing tropical fruits such as mangoes and pineapples. 
13.7 HAITI 
Application years : 1990, 1991, 1992 and 1993 
Products: cocoa 1990 ECU 1 411 489 
coffee 1990 ECU 9 842 250 
essential oils 1990 ECU 396 643 
coffee 1991 ECU 5 062 241 
essential oils 1991 ECU 307 347 
coffee 1992 ECU 3 896 097 
cocoa 1992 ECU 75 758 
cocoa 1993 ECU 80 947 
coffee 1993 ECU 4 471 097 
12 
Summary: 
The main objective is to increase agricultural export capacity and improve the 
incomes and living conditions of the rural population. In the short term priority will 
be given to rehabilitating rural production infrastructure which has sharply 
deteriorated. At the same time, the government will be assisted in defining a 
medium-term strategy to develop the agricultural sector more quickly and increase 
its productivity. This strategy will inevitably involve diversification into growth 
markets and efforts to develop industrial processing of output. 
Specific objectives: 
Formulation of a sectoral policy for agriculture and strategies to develop the 
main traditional sectors and to diversify. 
Improvement of inland communications, particularly access to production areas, 
and better marketing of products. 
Improvement of living conditions, the environment and social and economic 
infrastructure in rural areas. 
The government of Haiti has undertaken: 
to pursue the programme of economic reforms and structural adjustment with 
the support of the main donors; 
to promote the development of private initiative in rural development, including 
producer associations and small-scale credit/savings funds; 
to pursue administrative decentralization and devolution of the powers of the 
supervisory Ministries concerned; 
to define and begin implementing a land ownership protection policy. 
13.8 KENYA 
Application year: 1991 
Product: coffee ECU 16 413 425 
Payment date: 27.08.1992 
Framework signed: 28.09.1995 
Summary: 
The drop in export earnings may be attributed to the following factors: low 
international coffee prices, escalating costs of agricultural inputs, lower productivity 
and quality, deteriorating infrastructure and lower funding for research. 
Funds shall be used primarily to support the Government's strategy for the 
rehabilitation of the coffee sector by mitigating some of the structural causes in order 
to improve its efficiency. Measures will address in particular the improvement of the 
economic infrastructure, the credit and input requirements of farmers and the 
improvement of productivity and quality. 
13 
13.9 MALAWI 
Application years: 1990 and 1991 
Products: tea 1990 ECU 1 705 852 
tea 1991 ECU 2 288 885 
coffee 1991 ECU 220 364 
Payment date: 02.08.1995 
Framework signed:1 20.07.1995 
Summary: 
Malawi being the major tea producer in Southern Africa, closely followed by 
Zimbabwe and Tanzania, STABEX funds are destined to improve the performance 
and competitiveness of the tea industry. The project to be carried out by the Tea 
Research Foundation comprises three components: 
the development of a residential training centre and training programme which 
addresses the changing needs of the industry; 
the further development of the automation of tea processing controls, and 
a study for a major review of work organization and management practices. 
Government measures intended to strengthen the industry concern 
the recent monetary liberalization (access to foreign exchange accounts for 
private estates) which will improve availability of inputs; 
the review of the pricing mechanism, in line with the Price Stabilisation Fund 
Agreement, and 
the privatization of the Smallholder Tea Authority (STA) before 1996. 
13.10 UGANDA 
Application year: 1992 
Products: coffee ECU 22 748 132 
hides and skins ECU 1 590 474 
Payment date: 21.07.1995 
Framework signed: 23.11.1995 
Summary: 
Losses were mainly caused by declining world market prices for coffee and by a 
poor bean quality due to the drought experienced in most of the country. The low 
quality of Ugandan skins and declining prices caused also losses in earnings derived 
from the hides and skins sector. 
Relating to an amount of ECU 2 050 000 only. 
- 14-
The transfer will be used to support the coffee sector as the main looser in export 
earnings: improvement of coffee quality through assistance in research, extension 
activities and distribution of improved planting material. A credit facility shall be 
made available to finance infrastructure rehabilitation measures in the tea sector, to 
develop private processing capacities and to invest in fuel wood capacities. Support 
is also given to export diversification measures.An allocation is earmarked for debt 
repayment of the countries' debts in the agricultural sector. 
13.11 St VINCENT and the GRENADINES 
Application year: 1993 
Product: bananas ECU 5 452 277 
Date of payment: 08.02.1995 
Framework signed: 15.06.1995 
Summary: 
The overall objective for the utilisation of the transfer is based on supporting the 
Government's Banana Production Improvement Programme, i.e.: 
revitalise and sustain banana production and marketing, 
comprehensive restructuring of the banana industry at national and subregional 
levels, as well as of shipping and marketing arrangements, in a manner aimed 
at reducing costs and improving efficiency. 
Specific projects comprise: 
banana farm rehabilitation, 
soil and water resources management, 
quality improvement, 
farmer training, 
environment impact study including pilot organic farm, 
institutional strengthening and communication support. 
This programme fits in the overall strategy aimed at achieving competitiveness for 
the Windward Islands' banana industry. 
The Government of St. Vincent committed itself to the general objectives of the said 
strategy: 
supporting the restructuring of the industry, 
negotiating new contracts for the marketing of bananas, 
concentrating assistance on the most productive farmers, and ~ 
achieve, in the end, agricultural diversification. 
15 
13.12 SIERRA LEONE 
Application year: 1992 
Product: coffee ECU 1 694 465 
cocoa ECU 636 598 
Payment date: 18 July 1995 
Framework signed: 28 June 1995 
Summary: 
Because of the continuing lack of security and fighting in the coffee and cocoa-
producing areas and the risks involved in rehabilitating and resettling farmers before 
the establishment of lasting peace arrangements, transfers have been used to 
contribute to a debt reduction programme in cooperation with other donors (World 
Bank, Switzerland, United Kingdom etc). This use is exceptional and is a result of 
the country's specific circumstances. It remains understood that as soon as security 
conditions allow, measures will be taken to resume coffee and cocoa production. 
In return the government has undertaken to pursue its medium-term adjustment 
programme and to abide by the external debt management strategy established with 
the World Bank. 
13.13 TONGA 
s 
Application years: 1990, 1991, 1992 and 1993 
Product: copra products 1990 ECU 471594 
copra products 1991 ECU 727 108 
copra products 1992 ECU 101 756 
copra products 1993 ECU 110 264 
bananas 1990 ECU 518 072 
bananas 1991 ECU 476 475 
vanilla 1992 ECU 10 019 
Payment date : 1 December 1994 (1990 to 1993) 
Framework signed: 26 September 1995 
Summary: 
The transfers will not be used exclusively in the sectors which generated them 
because experience has shown that over-dependence on only a few products can 
cause economic instability if for any reason there is a shortage of these products on 
the market. 
16 
Utilization will therefore be in keeping with Government policy. This is aimed at 
keeping traditional sectors alive as far as possible but at the same time diversifying 
its economic base by promoting new crops which will generate stable export earnings 
in the future. 
In this context: 
about 20% of the funds will be used in the sectors which generated the transfers 
for replanting coconut palms, seeking new varieties, research in the banana 
sector and the development of vanilla; 
with regard to diversification, the remaining 80% will be used for research into 
markets and export conditions (20%), the development of new products (30%) 
and methods of improving post-harvest treatment of the product (30%). 
13.4 VANUATU 
Application years: 1992, 1993 and 1994 
Products: copra 1992 ECU 267 337 
copra 1993 ECU 265 281 
copra 1994 ECU 60 045 
Payment date : 16 June 1995 (1992, 1993) 
2 May 1996 (1994) 
Framework signed: 22 April 1996 
Summary: 
The government of Vanuatu is aware that the importance of copra in its economy is 
waning. It none the less believes that stable and profitable prices for the grower, 
hence subsidized where necessary, are a solution for stabilizing copra production in 
the long term. This means ensuring that some of the many copra producers do not 
abandon the product in the wake of very low prices before the diversification 
process, as borne out by statistics, has really offered alternatives. 
The government measures which were begun by the previous FMO will therefore be 
continued, as will operations to open up production areas in the interior of the 
country. 
The current FMO wilF thus supplement improvements to rural road infrastructure, 
certain components of which need to be stepped up. 
17 -
13.15 ZIMBABWE 
Application year: 1992 
Products: coffee ECU 2 493 812 
cotton ECU 12 786 706 
Date of payment: 14.12.1994 
Framework signed: 26.06.1995 
Summary: 
On a general level - bearing in mind that Zimbabwe is presently undergoing a 
process of structural adjustment - the transfers will be used to correct some of the 
structural causes which generated difficulties for the improvement of the operation 
of the sectors concerned. 
More specifically, the transfers are destined 
to assist the coffee sector by reducing the amount of loans granted because of 
the drought and thus allow the sector to increase productive investment and 
viability. At the same time, this will have a ripple effect on the banking sector 
and improve living standards in the rural areas; 
to contribute, in the cotton sector, to the establishment of Zimbabwe Cotton 
Company's financial viability and assist the sale of part of the Government's 
shareholding in this venture to small-holders over the next two years. 
14. Evaluations of the use of resources 
Since the publication of the 1994 report (COM(95)501 final), evaluations on the 
implementation of FMOs have continued (Grenada, Tanzania, Zambia, Ethiopia). 
Others are in the pipeline (Lesotho, Senegal, Mauritania, Benin, Kenya, Zimbabwe). 
At the same time the overall evaluation of Stabex will be drawn up during the second 
half of 1996. 
- i: 
TABLE 1 : AGGREGATE RESULTS FOR 1994 APPLICATION YEAR (amounts in ECU) 
Country 
code 
224 
228 
236 
244 
247 
248 
257 
264 
280 
302 
310 
352 
382 
386 
395 
452 
460 
465 
467 
473 
801 
806 
807 
816 
817 
R1Q Country 
Sudan 
Mauretania 
Burkina Faso 
Chad 
Cape Verde 
Senegal 
Guinea-Bissau 
Sierra Leone 
Togo 
Cameroon 
Equatorial Guinea 
Tanzania 
Zimbabwe 
Malawi 
Lesotho 
Haïti 
Dominica 
Saint Lucia 
Saint Vincent and the Grenadines 
Grenada 
Papua New Guinea 
Solomon Islands 
Tuvalu 
Vanuatu 
Tonga Product 
Cotton 
Squid, octopus and cuttlefish 
Cotton 
Cotton 
Fresh bananas 
Groundnut products 
Palm nuts and kernels 
Coffee 
Cocoa 
Cocoa 
Cocoa products 
Cocoa 
Coffee 
Coffee 
Cotton 
Tea 
Wool 
Coffee 
Fresh bananas 
Fresh bananas 
Fresh bananas 
Cocoa 
Fresh bananas 
Nutmeg & mace 
Cocoa products 
Copra products 
Copra 
Copra 
Vanilla 
Copra products Loss of 
earnings 
12.333.250 
1.014.030 
16.795.863 
9.431.750 
1.006.565 
8.828.557 
669.655 
397.750 
2.777.500 
465.501 
23.093.480 
2.338.575 
3.719.153 
5.904.250 
2.681.607 
4.438.000 
428.257 
6.663.379 
9.512.500 
22.944.750 
26.176.500 
128.902 
1.813.500 ' 
1.390.500 
9.860.750 
1.594.677 
12.375 
60.045 
105.496 
2.090.424 
178.677.541 "Franchise" 
271.292 
0 
768.627 
405.137 
0 
2.648.567 
0 
0 
63.745 
0 
5.539.371 
63.391 
743.831 
428.681 
536.321 
254.530 
0 
167.992 
353.115 
768.347 
451.635 
0 
0 
0 
948.454 
0 
0 
0 
0 
26.481 
14.439.517 Transfer basis 
after 
"franchise" 
12.061.958 
1.014.030 
16.027.236 
9.026.613 
1.006.565 
6.179.990 
669.655 
397.750 
2.713.755 
465.501 
17.554.109 
2.275.184 
2.975.322 
5.475.569 
2.145.286 
4.183.470 
428.257 
6.495.387 
9:159.385 
22.176.403 
25.724.865 
128.902 
1.813.500 
1.390.500 
8.912.296 
1.594.677 
12.375 
'60.045 
105.496 
2.063.943 
164.238.024 Consultations 
(Art. 203) 
5.073.260 
0 
2.110.787 
2.495.858 
290.508 
724.913 
271.947 
203.489 
1.533.000 
105.203 
5.354.003 
688.471 
173.461 
2.766.936 
0 
0 
104.066 
0 
0 
0 
0 
41.133 
722.861 
587.255 
1.640.754 
318.776 
7.864 
0 
33.305 
900.705 
26.148.555 Transfer basis 
after Art. 203 
reductions 
6.988.698 
1.014.030 
13.916.449 
6.530.755 
716.057 
5.455.077 
397.708 
194.261 
1.180.755 
360.298 
12.200.106 
1.586.713 
2.801.861 
2.708.633 
2.145.286 
4.183.470 
324.191 
6.495.387 
9.159.385 
22.176.403 
25.724.865 
87.769 
1.090.639 
803.245 
7.271.542 
1.275.901 
4.511 
60.045 
72.191 
1.163.238 
138.089.469 Reduction 
Art. 194.2 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 Reduction 
Art. 194.4 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 Amount of 
transfers 
6.988.698 
1.014.030 
13.916.449 
6.530.755 
716.057 
5.455.077 
397.708 
194.261 
1.180.755 
360.298 
12.200.106 
1.586.713 
2.801.861 
2.708.633 
2.145.286 
4.183.470 
324.191 
6.495.387 
9.159.385 
22.176.403 
25.724.865 
87.769 
1.090.639 
803.245 
7.271.542 
1.275.901 
4.511 
60.045 
72.\91 
1.163.238 
138.089.469 
TABLE 2 : AGGREGATE RESULTS BY PRODUCT 
Country Amount in ECU as % of total 
1 
2 
3 
4 
5 
6 
7 
8 
9 
10 
11 
12 
13 
14 
15 
16 
17 
18 
19 
20 
21 
22 
23 
24 
25 
26 Saint Vincent and the Grenadines 
Saint Lucia 
Burkina Faso 
Cameroon 
Dominica 
PNG. 
Sudan 
Chad 
Haiti 
Senegal 
Zimbabwe 
Malawi 
Tanzania 
Grenada 
Equatorial Guinea 
Sierra Leone 
Solomon Islands 
Western Samoa 
Mauretania 
Cape Verde 
Guinea-Bissau 
Togo 
Lesotho 
Tonga 
Vanuatu 
Tuvalu 25.724.865 
22.176.403 
13.916.449 
12.200.106 
9.159.385 
7.271.542 
6.988.698 
6.530.755 
6.495.387 
5.455.077 
4.853.919 
4.183.470 
2.801.861 
1.981.653 
1.586.713 
1.375.016 
1.275.901 
1.163.238 
1.014.030 
716.057 
397.708 
360.298 
324.191 
72.191 
60.045 
4.511 18,629 
16,059 
10,078 
8,835 
6,633 
5,266 
5,061 
4,729 
4,704 
3,950 
3,515 
3,030 
2,029 
1,435 
1,149 
0,996 
0,924 
0,842 
0,734 
0,519 
0,288 
0,261 
0,235 
0,052 
0,043 
0003 
TOTAL 138.089.469 100.000 
-20 
TABLE 3 : AGGREGATE RESULTS BY PRODUCT 
1 
2 
3 
4 
5 
6 
7 
8 
9 
10 
11 
12 Products 
Bananas 
Cotton and by-products 
Cocoa and by-products 
Coffee and by-products 
Groundnut products 
Tee 
Copra and by-products 
Squid, octopus and cuttlefish 
Nutmeg and mace 
Palm nuts and kernels 
Wool 
Vanilla 
TOTAL Amount in ECU 
58.867.349 
29.581.188 
22.687.183 
12.200.142 
5.455.077 
4.183.470 
2.503.695 
1.014.030 
803.245 
397.708 
324.191 
72.191 
138.089.469 as % of total 
42,630 
21,422 
16,429 
8,835 
3,950 
3,030 
1,813 
0,734 
0,582 
0,288 
0,235 
0,052 
100,000 
21 -
ISSN 0254-1475 
COM(96) 337 final 
DOCUMENTS 
EN 11 
Catalogue number : CB-CO-96-338-EN-C 
ISBN 92-78-06095-X 
Office for Official Publications of the European Communities 
L-2985 Luxembourg 
&