ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(73)1636
Vol.1973/0281

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COMMISSION OFTHEEUROPEANCOMMUNITIES
COM(73)1636 Final
Brussels ,1October 1973
PROPOSAL FOR A
REGULATION (EEC )OFTHECOUNCIL
fixing thethreshold price forolive oilforthe
1973/1974 marketing year .
(submitted totheCouncil bytheCommission )
COM(73)1636 Final

EXPLANATORY MEMORANDUM
UnderArticles4and&ofRegulationNo136/66/EEC,theCouncilisto
fixeachyearathresholdpriceforoliveoilinsuchawaythatthe
sellingpricefortheimportedproductatthetheCommunityfrontier
crossingpointreferredtoinArticle13(2)ofthesaidRegulationis
thesameasthemarkettargetprice.
Anexamination ofthecostscurrentlypayable "byimportersfromthe
cifstagetothe"goodsdeliveredtoimporter'sportwarehouse"stage
hasshownthatthedifferenceofI.40u.a./lOOkgbetweenthethreshold
priceandthemarkettargetpriceinforcesincethe1968/69agricultural
yearshouldbeincreasedto2.00u.a./lOOkgforthe1973/74agricultu­
ralyear.
Financialconsequences
Thethresholdpricereferredtointhisproposalis103.00u.a./lOOkg,
thatis24.8Ou.a./lOOkgabovethatcurrentlyinforce.Hovrever,the
increaseinquestionshouldnotentailmajorfinancialconsequences as
theseleviesarelikelytoremainataverylowlevelinviewofthe
worldmarketsituation.
Now|itshouldbenotedthattheoliveoilagreementsconcludedbe­
tweentheCommunityandcertaincountriesoftheMediterranean basin
enablethesecountriestobegrantedareductioninthelevywhich
varies,dependingonthecountry,between4and5u.a./lOOkg.
Theseprovisions makeitveryimprobablethatoliveoillevieswill
becollectedduringthe1973/1974agriculturalyear.

PROPOSALFORA
HflTOLATT&lT(EEC>OFTHECOUNCIL'
>wiiimidiumtmWlliIIÉfIWIII''""*"
oil
fixingthethreshold ,priceforolive/forthe1973/1974marketingyear.
THECOUNCILOPTHEEUROPEAN "C0M!U1HTH3 ,
HavingregardtotheTreatyestablishingtheEuropeanEconomicCommunity,
HavingregardtoCouncilRegulationITo136/66/EEC^of2SSeptember1966on
theestablishment ofacommonorganisation ofthemarketinoilsandfats,
aslastamendedbyRegulation(EEC)Nb1707/73(2),
... andinparticularthesecondparagraphofArticle4
thereof;
HaflingregardtotheproposalfromtheCommission;
Whereasthethresholdpricemustbefixedinsuchawayastoenablethe
sellingpriceoftheimportedproduct,atthefrontiercrossingpointreferred
toinArticle13(2)ofRegulationNoI36/66/EBC,tobemaintainedatthelevel
ofthemarkettargetprice;whereas,thenthepresentcostsincurredbythe
importerfromthec»i«f•stagearetakenintoaccount,thelevelofthethreshold
priceshouldbemaintainedatZjQP.unitsofaccountbelowthelevelofthe
markettargetprice;
HASADOPTEDTHISREGULATION ;
(1)OJHo172,30,9.1966,p.3025/66.
(2)OJnOLL75,29.S.19B,p.5».

Article1'
Thethresholdpriceforoliveoilforthe1973/1974marketingyearshallbo
BjjfOOunitsofaccountper100kilogrammes#
Article2
ThisRegulationshallenterintoforceon1November1973*
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicablein.all
MemberStates.
I
Doneat PortheCouncil
ThePresident.