ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(81)34
Vol.1981/0008

Disclaimer
Conformément aurèglement(CEE,Euratom)n°354/83duConseildu1erfévrier1983
concernantl'ouvertureaupublicdesarchiveshistoriquesdelaCommunauté économique
européenne etdelaCommunauté européenne del'énergieatomique(JOL43du15.2.1983,
p.1),telquemodifiéparlerèglement(CE,Euratom)n°1700/2003du22septembre2003
(JOL243du27.9.2003,p.1),cedossierestouvertaupublic.Lecaséchéant,lesdocuments
classifiésprésentsdanscedossierontétédéclassifiés conformément àl'article5dudit
règlement.
Inaccordance withCouncilRegulation(EEC,Euratom)No354/83of1February1983
concerningtheopeningtothepublicofthehistoricalarchivesoftheEuropeanEconomic
Community andtheEuropeanAtomicEnergyCommunity (OJL43,15.2.1983,p.1),as
amendedbyRegulation(EC,Euratom)No1700/2003of22September2003(OJL243,
27.9.2003,p.1),thisfileisopentothepublic.Wherenecessary,classifieddocuments inthis
filehavebeendeclassified inconformitywithArticle5oftheaforementioned regulation.
InÜbereinstimmung mitderVerordnung(EWG,Euratom)Nr.354/83desRatesvom1.
Februar1983überdieFreigabederhistorischen ArchivederEuropäischen
Wirtschaftsgemeinschaft undderEuropäischen Atomgemeinschaft (ABI.L43vom15.2.1983,
S.1),geändertdurchdieVerordnung (EG,Euratom)Nr.1700/2003vom22.September2003
(ABI.L243vom27.9.2003,S.1),istdieseDateiderÖffentlichkeit zugänglich.Soweit
erforderlich,wurdendieVerschlusssachen indieserDateiinÜbereinstimmung mitArtikel5
dergenanntenVerordnungfreigegeben.

COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GeneralSecretariatCOM(81)34final
Brussels,_n., .29thJanuary 1981
FOROFFICIAL USEONLY
RECOMMENDATION FORACOUNCILDECISION
ONTHESIGNATURE ANDCONCLUSION OFTHE
1980INTERNATIONAL COCOAAGREEMENT
(presented bytheCommission totheCouncil)
COM(81)34final

Recommendation foraCouncilDecisionontheSignatureandConclusion
ofthe1980International CocoaAgreement
Explanatory Memorandum
Negotiationofthe1980International CocoaAgreementwascompletedon
19November1980.Cocoaisoneofthemostimportant "basiccommodities
includedintheUTTCTADIntegrated Programme.
Themainelementsinthenewthree-yearagreementarethefollowing:
-a250,000tonneinternational bufferstockwhichcouldberaisedto
350,000tonnesiftheAgreementwereextendedforafurthertwoyears;
-apricerangefromUS100cts/lb(minimumprice)to
US160cts/lb(maximumprice),withtwointerventionpricesforthe
bufferstockat110and150cts,leavinga40cfreezone;
-arrangements foradjustingintervention pricesinthelightofmarket
conditionstiedtonetbuffer-stock buyingorsellingoperationsover
agivenperiod;
-complementary measurestomaintainminimumandmaximumpricestobedecided
onbytheAgreementBoard,afterexhaustionofbuffer-stock capacity.
Thebufferstockistobefinancedbytransferring fundsfromthefirst
twoAgreements (some230milliondollars),thelevyofcontributions on
tradeinthecommodity,borrowingsbythebufferstockguaranteedby
warrants,andanyotherarrangementforcomplementary financingthatthe
BoardmayrecommendtotheGovernments .Provisionismadeforfuture
association withtheCommonFund.

-2-
2.TheAgreementwaenegotiatedbytheCommunityanditsMemberStates
inaccordancewithdirectivesapprovedbytheCouncil^•These
directiveswerefollowedsatisfactorily asregardsboththeaims
andthecontentoftheAgreement.TheCommunityanditsMember
Statesplayedacrucialroleinthenegotiation,whichfollowed
upontwoyears1effortsandthebreak-downsinNovember1979and
March1980,whichledtoterminationofthe1975International
Agreement.
3.TheAgreementisopenforsignaturefrom5Januaryto31March1981
inclusive.Itwillenterintoforcedefinitively orprovisionally
on1April1981*orduringthetwofollowingmonths,providednotless
that5exportingcountriesrepresenting 80^oftotalexportsand
importingcountriesrepresenting 70%oftotalimportshavedeposited
theirinstruments ofacceptanceornotifiedtheirintentionof
2applyingtheAgreementprovisionally •Eveniftheseconditionsare
notsatisfiedtheAgreementcanstillenterintoforceafterthis
dateasbetweengovernments whosodecideatameetingconvenedby
theUNCTADSecretary-General .
4.Withregardtotheconditionsfortheentryintoforceand
implementation oftheAgreement,theCommissionsuggeststhatthe
Communityutilizetheappropriate procedureanddiplomaticchannels
topersuadetheUnitedStates,amajorimportingcountry,andthe
IvoryCoast,amajorexportingcountry,tore-considerthepositions
theyadoptedattheendofthenegotiating conference.
WithmoreparticularreferencetotheIvoryCoast,TogoandGabon,
ACPcountrieswhoseparticipation ,ifnotessential,isstillvery
desirableiftheAgreementistoenterintoforcebythescheduled
date,theCommunityshouldraisethematterwiththesecountries,
inviewofthemarkedinterestshownbytheotherACPcountriesin
Councildocuments4435/79of?-4January1979*4688/79of7February 1979*
5325/80of27February1980,8827/80of16July1980,9901/80of
29September1980
2Thesepercentagesrequiretheparticipation oftheIvoryCoast(22.5^),
butnotnecessarilythatoftheUnitedStates(22.5

theAgreement "beingconcluded(Ghana,Cameroon,Zaire,Trinidad
andTobago,etc.),andbytheotherdevelopingcountriesconcerned
(BrazilandEcuadorinparticular).
TheCommunityshouldcompletetheprocedurefortheacceptance
oftheAgreementasquicklyaspossiblesothatitcanenterinto
forceon1April19^1,asthecommodity *ssituationontheworld
markethasbeendeteriorating rapidlyforsomemonthsnow,there
beingnostabilizing machineryinoperation.Thereisnoreason
fortheCommunitytoholdoutuntilitIOKWSwhethertheUnited
StatesandtheIvoryCoastaregoingtosigntheAgreement.It
wasamotiveforcebehindthenegotiation oftheAgreement;it
ought,logically,toplaythesamepartinitsimplementation .
TheCommissionthereforerecommendsthattheCounciladoptthe
attacheddraftdecision.

AnnexI
RECOMMENDATION FORA
COUNCILDECISION
ontheconclusion ofthe
I9S0International CocoaAgreement
THECOUNCILOPTHEEUROPEANCOMMUNITIES ,
HavingregardtotheTreatyestablishing theEuropeanEconomic
Community,andinparticularArticle113thereof;
Havingregardtotherecommendation fromtheCommission ;
WhereastheI98OInternational CocoaAgreementisaninstrument
forregulatingworldtradewhosemainobjectistobalancesupply
anddemandinrespectofcocoasothatitspricemaybestabilized
inlinewithmarketconditions ;
HASDECIDEDASFOLLOWS:
Article 1
The1980International CocoaAgreementisherebyapprovedon
behalfoftheEuropeanEconomicCommunity,Thetextofthe
AgreementisannexedtothisDecision.
Article2
ThePresidentoftheCouncilisherebyauthorizedtodesignatethe
personwhoshallbeempoweredtosigntheAgreementsoasto
committheCommunity,
Article3
ThisDecisionshallbepublishedintheOfficialJournalofthe
EuropeanCommunities ,
DoneatBrussels,••••«,,«•• FortheCouncil
ThePresident