ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(78)563
Vol.1978/0219

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COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(78)563final
Brussels,24October1978
COMMISSION COMMUNICATION TOTHECOUNCIL
ONTHEACCESSION OPTHESOLOMONISLANDS,
TUVALUANDDOMINICA TOTHEACP-EECCONVENTION
OFLOMEANDPROPOSALS FORCERTAINLEGAL
ACTSRELATING THERETO
\
:.N
;.a»"* 1
-•-~l•.■>-
tr
■hK ■-1
\-"-'V<-/
COM(78)563final

COMMISSION COMMUNICATION TOTHE COUNCIL
ONTHEACCESSION OFTIESOLOMON ISLANDS ,
TUVALU AND DOMINICA TOTHE ACP-EEC CONVENTION
OPLOME AND PROPOSALS FDR CERTAIN LEGAL
ACTS RELATING THERETO
Introduction
TheSolomon Islands ,Tuvalu andDominica became ,orwill "become ,
independent on7July ,1October and 3November 1978 respectively .
Theformalities provided for ,inthecase offormer OCTs acceding
toindependence ,involve ,inaccordance with Art .89ofthe
Convention ,theapproval oftheir requests foraccession bythe
ACP-EEC Council ofMinisters ,andthedepositing ,bythecountry
concerned ,ofaninstrument ofaccession with theSecretariat of
theCouncil .These procedures have been finalised bytheSolomon •
Islands ,andhave already been initiated bytheother twoOCTs
(Annex I). ,
Meanwhile ,theCommission referred totheCouncil ,thetexts of
three decisions concerning theprovisional application ofthe
arrangements provided forbyDecision of29June 1976 concerning the
association of .theOCTs with theEEC ,to:
-theSolomon Islands (adopted byCouncil on19July 1978);
-Tuvalu (adoption procedures inprogress during October 1978);
-Dominica (incourse ofexamination ).
Toavoid unnecessary delays intheapplication tothese States ,of
theregulations provided forbytheLome Convention ,after theaccession
ofthese States totheConvention ,itisimportant toproceed ,
immediately ,totheadoption ofthelegal acts necessary forthis
purpose .
Asthemeasures tobetaken aresimilar innature ,ithasbeen
• ^
considered advisable tointroduce together thesubmission ofthese
three countries ,most particularly bycarrying outthenecessary
adjustments totheEDFamounts available ,inonesingle operation .

TransferofResources
Article1(4)oftheInternalAgreementonthefinancingand
administration ofCommunityaidof11July1975readsasfollows­
"Where&countryorterritorywhichhasbecomeindependent
accedestotheConvention,theamountsindicatedinparagraph3(h)
aboveshallhereducedandthoseindicatedinparagraph3(a)
abovecorrespondingly increasedbyadecisiontakenbythe
Councilactingunanimously onaproposalfromtheCommission."
TheCommissionthereforeproposesthattheCounciladoptadecision
tothiseffect(AnnexII).,.
TheCommission *sproposalhasbeenworkedoutonthebasisofthe
amountsallocatedtothesethreeformerOCTsbytheUnitedKingdom,
takingintoaccounttheallocation madebytheUnitedKingdomto
itsoverseascountriesandterritories ,inconsultation andwith
theagreementoftheCommission,inaccordancewiththefollowing
principles:
a)Theamountofresourcestobetransferredforeachcountry
ismadeupof:
–theamountcorresponding totheindicativeprogramme
increasedbytheshareallottedtoeachcountry,bythe
Council,fromtheresourcesreservedforthepoorestOCTs.
–increasedbydelegationcosts,takenoutoftheregional
amountreservedforthispurpose,fortheCaribbeanand
PacificOceanOCTsrespectively ,and.
–decreased,asappropriate ,byanamountequaltocommitments
alreadyincurredonprojeots.
Thetotalamountofresourcestobetransferred forthethreeOCTs
isequalto10,917»000 EUA.
b)TheassignmentofthissumtotheACPStates,isallocatedon..
thebasisof5»432,000 ECJAasgrantsand5J485»00Qasspecial .
loansjthesetwoamountswerearrivedat,bytakingintoaccount
theallocation madetoeachoftheseOCTswithregardtothe
modeoffinancing.

/
Forthedeductionoftheseamountsfromtheappropriations
earmarkedfortheOCTs,dueaccounthasbeentakenofthe
decisionstakeninMajr1978bytheCouncil,intheapportioning
amongstthevariousOCTs,oftheportionallocatedtothemfrom
the"OCTReserve",a-swellastheportionearmarkedforthe
"least-favoured OCTs".
c)TransferofthesethreeOCTs*appropriations totheACPfunds
aremadefromthelatestestimatedaccountinforce,thatis,
theCouncilDecisionconcerningtheadjustments oftheamounts
madeavailabletotheEDF,followingtheaccessionofDjibouti
totheLomeConvention . _ ■
Afterconsultation withtheEuropeanInvestment Bank,itwasnot\
considerednecessarytotransferriskcapitalatthisstage;
however,itisproposedthatanoveralltransferbemadebefore
theendof1979»whenthenumberofOCTshavingaccededtothe'
LomeConventionafterSurinam,CcmoresandSeychelles ,wouldhave
reachedacrucialpoint.
AsregardsSTABEX,itissuggestedthatadeclaration shouldbe
recordedintheMinutesoftheCouncilcallingattentiontothe
provisionofArticle1(5)oftheInternalAgreement(AnnexIV).
AdjustmentoftheTexts
a)Article$6,theDecisionof29June1976providesthat!
"Ifacountryorterritorybecomesindependent ,theCouncil,acting
unanimously onaproposalfromtheCommission,shalldecideon
anynecessaryadjustmentstothisDecision,inparticulartothe
amountsspecifiedinArticle30". y
TheadjustmenttoArticle30oftheaboveDecisiononthebasisof
thetransfertobecarriedout,intheInternalAgreementisinline
withtheallocation madeinpara2above.Moreover,thenamesof
thethreeformerTerritories aretobedeletedfrom:
-thelistofOCTsinAnnexIi;otheDecision,
–Article23(5)of"theDécision,
-Article26oftheDécision.

/
TheCommissionthereforeproposesthattheCounciladopt
adecisiontothiseffect(AnnexIII).'
I
b)AlistoftheOCTalsoappearsin:,
–AnnexItoCouncilRegulation(EEC)"No706/76of30March1976
of30March1976onthearrangements applicabletoagricultural
productsandcertaingoodsresultingfromtheprocessingof
agricultural productsoriginatingintheAfrican,Caribbeanand
PacificStatesorintheoverseascountries andterritories .
TheCommissiontherefore,proposesthatthesaidregulationbe
amended(AnnexV),
4«EG5CAgreement ^
TheAgreement(withtheACPStates)onproductswithintheprovince
oftheEuropeanCoalandSteelCommunityof28February1975does
notprovideforanyaccessionprocedure.Itthereforefollowsthat'
accessioncantakeplaceonlybymeansofanagreementbetweena.11
thecontractingpartiestothe1975Agreement.Itwouldfurthermore
bepossibletoenvisageagreementswiththesamecontentbetween
theMemberStatesoftheECSCandeachofthethreenewACPStates.
OncetheseStatesaredeletedfromthelistinAnnexItotheCouncil
Decisionof29June1976(seepoint3(a)above)theycannolonger
benefitundertheDecisionoftherepresentatives oftheGovernments
oftheMemberStatesoftheEuropeanCoalandSteelCommunity,
meetingwithintheCouncilof20January1976,ontheopeningof
tariffpreferencesforproductswithintheprovinceofthatCommunity
originatingintheoverseascountriesandterritoriesassociatedwith
1-theCommunity .
1
•SeethefirstparagraphofArticle1:
,ThedutiesapplicableintheCommunitytoimportsofproductswithinthe
provinceoftheEuropeanCoalandSteelCommunityoriginating inthe
countriesandterritorieslistedinAnnexItoDecision76/568/EEC,thechar,
-havinganeffect-equivalenttosuchdutiesandthecollectionof
•suchduties-andchargesshallbesuspended;however,thetreatmentappliedtc
theseproductsshallnotbemorefavourablethanthatappliedbytheMember
Statesamongthemselves."

SincethisAgreementhasnorei1economicsignificanceforthe
threenewStatesinquestion,whichhavenocoalorsteelindustry,
andgiventhattheAgreementisonlyinforceforfiveyears,that
isuntil1980,andinviewofthetimethatwouldbeneededforthe
MemberStatestoRatifyanysupplementary Agreement,itdoesnot
seemnecessarytoproposeanyactiononthispoint.
DecisiontobetakenbytheACP-EBCCouncilofMinisters
a)Article-48(3)oftheConventionprovidesthat:
"ThelistofACPStatesinparagraph2maybeamendedby
decisionoftheCouncilofMinisters:
whereathirdStateinacomparableeconomicsituation
accedestothisConvention :
Thislistisalsoapplicableinconnectionwiththestabilization
ofexportearningssystemprovidedforintheConvention (Article
21(5)).
TheSolomonIslands,TuvaluandDominicaarereferredtobythe
corresponding provisionoftheCouncilDecisionof29June1976
(Article23(5))»whichclearlyindicatesthattheEECcountsthese
countriesasbeingamongtheleastdevelopedOCTs.
Thisclassification isequallyvalidwithintheACPs,inview
oftheirlowlevelofpercapitaineomeandtheirdependence on
asmallrangeofexports.'Thesefactorsarecompoundedbythe
problemscausedbytheirgeographical isolationandtheir
insularity.
TheCommission recommendstotheCouncilthattheCommunityadopt
afavourablepositionintheACP-EECCouncilofMinistersonthe
inclusionofthesethreenewACPStatestothelistinArticle48
(draftdecision,AnnexIV).

-6-
b)Thelist inArticle 24oftheConvention contains notonly
theleast developed but also thelandlocked orisland ACP
States .TheSolomon Islands ,Tuvalu andDominica ,being
island States ,must automatically beincluded inthis list .
The Council will find enclosed the .following proposals and
recommendations .
–Notice tobepublished ,intheOffical Journal ,onthe ,
accession oftheSolomon Islands ,Tuvalu andDominica
totheACP–EECConvention ofLome (Annex I);
–proposal foraCouncil Decision adjusting theamounts made
available totheEuropean Development Fund (1975 )f°r "th®
ACP States onthe one hand and the countries and territories
and the IPrench overseas departments ontheother hand
(Annex II)J –
–proposal foraCouncil Decision adapting theDecision of
29June 1976 ontheassociation oftheoverseas countries
andterritories with theEuropean Economic Community (Annex III)
–proposal foraCouncil Decision relating toSTABEX (Annex IV).
–proposal foraCouncil Regulation amending Regulation No706/76
thearrangement 'sapplicable toagricultural products andcertain
goods resulting from theprocessing ofagricultural products
originating intheAfrican ,Caribbean andPacific States orin
theoverseas countries andterritories asregards the list of
thecountries andterritories inquestion (Annex V);
–proposal foranACP–EECCouncil ofMinisters decision amending '
thelist oftheleast developed ACPStates (Annex VI). .

AMEXI
ACCESSIONOFTHESOLOMON "ISLANDS,TUVALUA7TDDOMINICA
ACP–EECCONVENTION OPLOME
(Forpublicationinthe"L"seriesoftheOffic.?lJournalofthe
EuropeanCommunities )
TheSolomonIslands.Tuvaluand.Dominica,inaccordance withmArticle89oftheACP-EECConventionofLomev,"bydepositingtheir
instruments .ofaccessionaccededtotheConvention on27September '
,and 1978respectively .
Consequently ,witheffectfromsuchdates,anyreferenceto
the"ACPStates"intheactsoftheCommunityinstitutions also
appliestotheSolomonIslands,TuvaluandDominica.
OJNoL25,30.1.1976,p.2

ANNEX II .-
PROPOSAL FOR ACOUNCIL DECISION
adjusting theamounts made available
totheEuropean Development Fund (1975 )forthe
ACP States and for the overseas countries and territories and
theFrench overseas departments
(Solomon Islands .Tuvalu andDominica )
THECOUNCIL OFTHEEUROPEAN COMMUNITIES ,
Having regard totheTreaty establishing theEuropean Economic
Community ,
Having regard totheInternal Agreement onthefinancing andadminis -
(1)tration ofCommunity aid v,signed on11July 1975 »hereinafter
referred toasthe"Internal Agreement ",andinparticular Article 1(4)
thereof ,
Having regard totheproposal from theCommission ,
Whereas theSolomon Islands ,Tuvalu andDominica ,which were three of
theoverseas territories associated with the Community under Decision
(2)76/568/EEC ,have "become independent andhave applied toaccede to
theLome Convention pursuant toArticle 89thereof ;whereas theACP–EEC
Council ofMinisters hasapproved these applications ,whereas these
States deposited their instruments ofaccession with the Secretariat
oftheCouncil oftheEuropean Communities on27September /and 1978
respectively ,andthus acceded totheACP-EEC Convention ofLom6 on
such dates ; ,
Whereas ,therefore ,inaccordance with Article 1(4) "theInternal
Agreement ,theamounts provided fortheoverseas countries andterritories
inArticle 1(3)(b)ofthesaid Internal Agreement should bereduced and
those provided fortheACPStates in .under (a)of.that paragraph
correspondingly increased :
OJNoL25,30.1.1976 ,p.168
0JNoL176,1.7.1976 ,p. 8

Whereas "this adjustment must bemade 01 "thetasis of "theamounts specified
<1)inCouncil Decision 78/465/EEC which Last adjusted theamounts made avail ™
able totheEuropean Development Fund following theaccession offormer
associated overseas countries andterritories totheLome .Convention ,
HASDECIDED ASFOLLOWS :
Article 1
Article l(3)(a )and (la)oftheInternal Agreement ishereby amended toread
asfollows :
"(a)3,045.267 million European units ofaccount fortheACPStates ,
comprising :
2,132.182 million European units ofaccount intheform of
grants ,
442.085 million European units ofaccount intheform of
special loans ,
96.000 million European units ofaccount intheform of
risk capital ,
375.000 million European units ofaccount intheform of
transfers pursuant toTitle IIoftheConvention ;
(h) 84.733 million' European units ofaccount forthecountries and
territories and .theFrench overseas departments ,
comprising :
40.222 million European units ofaccount intheform of-
grants ,
28.915 million European units ofaccount intheform of
special loans ,
4.000 million European units ofaccount intheform of
risk .capital ,
12.126 million European units ofaccount intheform of
areserve .".
QJNoL147,3.6.1978 ,p.39

Article2
ThisDecisionshallapplywitheffectfrom
Article3
ThisDecisionshall"bepublishedintheOfficialJournalofthe
EuropeanCommunities.
DoneatBrussels,
FortheCouncil
ThePresident

ANNEXIII
PROPOSAL FORACOUNCILDECISION
*
adjustingDecision76/568/EECon"theassociationoftheoverseascountries
andterritories withtheEuropeanEconomicCommunity,ontheaccessionof
TheSolomonIslands.TuvaluandDominicatotheConventionofLome.
THEpOUNCILOPTHEEUROPEANCOMMUNITIES ,
1,
HavingregardtoCouncilDecision76/568/EECof29June1976onthe
associationoftheoverseascountriesandterritories withtheEuropean
EconomicCommunity asLastamendedbyDecision7s/A65/EEC^V,andin^
particularArticle56thereof,
HavingregardtotheproposalfromtheCommission,
WhereasDecision76/568/EECprovidesforitsadjustment
whereanoverseascountryorterritorywhichhas"becomeindependent
accedestotheACP–EECConventionofLome^\hereinafterreferredtoas
the"Convention"; , ■- '„■
WhereastheSolomonIslands,TuvaluandDominica,whichappearintheList
setoutinAnnexItoDecision76/568/EEC,havingbecomeindependent have
appLiedtoaccedetotheConvention;whereastheACP-EECCounciLofMinisters
hasapprovedtheseappLications;whereastheseState's/havingdepositedtheir
instruments ofaccession,thusaccededtotheConvention on27September,
and 1978;
WhereasthevariouslistscontainedinDecision76/568/EECandtheamounts
specifiedinArticle30thereofshouldtherefore "beadjusted,
>!?OJNoL176,1.7.1976,p.8
V'OJNo147,3.6.1978,P.39
^OJNoL25,30.1.1976,p.1

-2.
HAS DECIDED ASFOLLOWS :
Article 1
1. Decision 76/568/EEC ishereby amended asfollows :
The following shall bedeleted from Articles 23(5 )and26andfrom the
list inAnnex I:
"TheSolomon Islands ,Tuvalu andDominica "
2. Article 30shall read :
"Article 30
Thefollowing provisions shall apply with effect from -"1978s
1.Theaggregate amount ofCommunity aidshall hereduced to115million
European units ofaccount .
2.This amount shall comprises
(a)1*04.733 million European units ofaccount from theEuropean
Development Fund (1975)*hereinafter referred toasthe"Fund ",
allocated asfollows :
(l)forthepurposes setoutinArticle 28,84.733 million
European units ofaccount ,consisting of:
«–39.692 million European units ofacoount intheform
ofgrants ;
–28.915 million European units ofaccount intheform
ofspecial loans ;
•–4million European units ofaccount intheform ofrisk
capital ; ,
1 –12.126 million European units ofaccount inthe .form
ofareserve ; . ~
•••/•••

(ii)20millionEuropeanunitsofaccount,likewisefromthe
Fund,intheformoftransferstothecountriesand.
territoriesforthestabilization ofexportearnings;
(b)ForthepurposessetoutinArticle28,upto10millionEuropean
unitsofaccountintheformofloansfromtheBank,madefromits
ownresourcesonthetermsandconditionsprovidedforinits
Statuteandsupplemented ,asageneralrule,"bya3%interest
ratesubsidy,undertheconditionslaiddowninArticle4ofAnnexV.
»
Thetotalcostoftheinterestratesubsidiesshallbecharged
againsttheamountofthegrantsprovidedforin.2(a)(i).
'FollowingtheaccessionoftheSolomonIslands,TuvaluandDominicato
theConvention,theamountsprovided "forintheformofgrants,special
loansandareserve,initiallyallocatedinthreeequalpartsamongthe
Frenchoverseasterritories anddepartments andtheNetherlands and
UnitedKingdomoverseascountriesandterritories ,shallbereducedin
accordance'withDecision78//EEC.
(a)OftheportionallocatedtotheFrenchoverseasterritoriesand
departments :
–13millionEuropeanunitsofaccountshallremainfrozenuntilthe
entryintoforceoftheAgreementamendingtheInternalAgreement
onthefinancingandadministration ofCommunityaidsignedon
'11July1975;
–7.70millionEuropeanunitsofaccountshallbeallocatedtothe
Frenchoverseasdepartments :
–620.000Europeanunitsofaccountshallremainallocatedas
financialaidtotheleastfavouredoverseascountriesand•
territories ,irrespective ofthezoneswithinwhichtheyfall.

-•4-
ι
("b)ThesumsallocatedtotheFrenchoverseasterritoriesshallamount
to12.10millionEuropeanunitsofaccount,consistingof:
–10.10millionEuropeanunitsofaccounttakenfromtheshare
allocatedtotheFrenchoverseasterritories and
departments ;■
–2millionEuropeanunitsofaccountpursuantto
Decision76/569/EEC."
.Article2
ThisDecisionshallenterintoforceon 197o«
Article3
ThisDecisionshall "bepublishedintheOfficialJournalofthe
EuropeanCommunities .
'DoneatBrussels.
-■ *
■vFortheCouncil,
• ,ThePresident

ANNEXIV
COUNCILDECLARATION INRESPECTOFTHE
SOLOMONISLANDS,' TUVALUAM)DOMINICA
ANDSTAEEX
TheCouncilrecallsthat,inaccordancewiththeprocedureLaiddowninArticle1(5)
oftheInternalAgreementonthefinancingandadministration ofCommunityaid,thej
above-mentioned ACPStateswillcontinueto"beeligibleforthefunds
providedforinArticle1(3)ofthatAgreement,subjecttothemanagement
ruleslaiddowninTitleIIoftheACP-EECConventionofLome.

ANNEX V
COUNCIL REGULATION (ESC )
amending the list ofthecountries andterritories in
Regulation (£EC)No706/76onthearrangements applicable to
agricultural products andcertain goods resulting from theprocessing
ofagricultural products originating inthe
African ,Caribbean andPacific States
orinthe overseas "countries and territories
THECOUNCIL OPTHEEUROPEAN COMMUNITIES , .
Having regard totheTreaty establishing theEuropean Economic Community ,
andinparticular Articles 43and113thereof ,
Having regard toCouncil Regulation (EEC)No1059/69of28May1969
laying down trade arrangements applicable tocertain goods resulting from
(1)theprocessing ofagribultural products v ,aslast amended by
Regulation (EEC)No3058/75 andinparticular Article 12thereof ,
Having regard totheproposal from the Commission ,
Having regard totheOpinion oftheEuropean Parliament
(4) . .. .Whereas Council Regulation (EEC)No706/76 -laid down " .
thearrangement sapplicable toagricultural products andcertain goods
resulting from theprocessing ofagricultural products originating inthe
African ,Caribbean andPacific States orintheoverseas countries and
territories ;
♦
Whereas theSolomon Islands ,Tuvalu andDominica ,which appear inthelist of
countries andterritories setoutin-Annex Itothat Regulation ,have become
independent ; < - • -v. .,
0JNoL141 ,12.6.1969 ,p.1-
),<0JNoL306,26.11.1975 ,p.3 \
/OJNo - _ ,w0JNoL85,31.3.1976 ,p.2 . r
•••f•••

-2-
■WhereastheseStatesaccededtotheACP-EECConvention«fLomeon
27September, and 1978andshouldconsequently
becountedamongtheACPStatesreferredtoinArticle1oftheRegulation
(EEC)No706/76;whereasthelistinAnnexItothatRegulationshould
thereforebeamended, ".
HASADOPTEDTHISREGULATION :■
Article 1
InAnnexItoRegulation (EEC)No706/76,thewords"s<->l,r>monIslands",
"Tuvalu"and"Dominica"aredeleted.
Article2
f
ThisRegulationshallenterintoforceonthethirddayfollowing
its-publication intheOfficialJournaloftheEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicable
inallMemberStates.
DoneatBrussels,
FortheCouncil
ThePresident

ANNEX VI
Proposal for aDecision ofthe
ACP-EEC Council ofKinisters
amending thelist inArticle 48(2)oftheConvention ^
The ACP-EEC Council ofMinisters ,has decided asfollows :
Article 1
TheSolomon Islands ,Tuvalu andDominica arehereby added tothe list
ofStates inArticle 48ofthe Convention ofLome .
Article 2
This Decision shall enter into force on
Article 3
TheACPStates ,theMember States andtheCommunity shall within their
respective areas ofcompetence ,take thenecessary steps toimplement
this Decision . .
. Done at
For the ACP-EEC Council ofMinisters
The President '"*

FINANCIAL RECORD
forthe budget.
PARTONE:INTERVESTTION APPROPRIATIONS .
(forexistingandnewprojects)
1.RELEVANT BUDGETHEADINGCODE
-a)RevenuePart–TitleI
Ta)ExpenditurePart–None
2.TITLEOFBUDGETHEADING
a)Ownresources
b)-
3.LEGALBASIS
-a)Legalbasisquotedintheaccompanyingtexts
4.DESCRIPTION ,OBJECTIVE ^S)ANDJUSTIFICATION OFPROJECT
a)Revenue
TheaccessionoftheSolomonIslands,TuvaluandDominicato
theConventionmerelyinvolvesachangefromOCTstatusto.
ACPstatus.Consequently ,itwillnotresultinanychangein
thelevies,dutiesandtaxeschargedontheproductsexported
bytheseStatestoi;heEEC.
b)Expenditure
TheaccessionoftheseStateswill"havenoeffectonCommunity
expenditure . •',
5.-APPROPRIATIONS (inu.a.)
a)MuH_i-annual_t ijnetable
Measureapplicablethroughouttheperiodofvalidityofthe
LomeConvention .
b)Palrfcern^f^uliili^ati^^duri^ng thefinancial ^j£ear_n£w_being
prepared ;
None
c)CalculationModel
None

6.-\TYPEOFCONTROLTOBE'APPLIED
.SystempfcontrolprovidedforintheFinancialRegulationof
25April1973(ownresources)andintheLomeConvention.
PARTTWO:ADDITIONAL DATATOBEPROVIDEDFORANEWPROJECT(l)
7.TOTALCOSTOFTHEPROJECTFORTHEWHOLEOFITSEXPECTEDDURATION
None'
<3.INFORMATION REGARDING STAFFING ANDTHEAPPROPRIATIONS FORADMINISTRATIVE
EXPENDITURE NECESSARY FORTHEIMPLEMENTATION OFTHEPROJECT
TheprojectwillbecarriedoutwiththeCommissions existingstaff.
9.FINANCING OFTHEPROJECT
Theprojectaffectsonlytheallocationoftheamountsearmarked
fortheOCTandACPrespectively intheLomeConvention,whichare
"borne "bytheMemberStates.Thereisthereforenoeffectonthe
CommunityBudget.
(1)TheCommissionDecisionof28November1973onnewbudgetprocedures
mentionstheneedtodrawupforeachnewprojecta"financial
memorandum"consistingofthetwopartsofthisfinancialrecord.