ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(73)361
Vol.1973/0056

Disclaimer
Conformément aurèglement(CEE,Euratom)n°354/83duConseildu1erfévrier1983
concernantl'ouvertureaupublicdesarchiveshistoriquesdelaCommunauté économique
européenneetdelaCommunautéeuropéennedel'énergieatomique(JOL43du15.2.1983,
p.1),telquemodifiéparlerèglement(CE,Euratom)n°1700/2003du22septembre2003
(JOL243du27.9.2003,p.1),cedossierestouvertaupublic.Lecaséchéant,lesdocuments
classifiésprésentsdanscedossierontétédéclassifiésconformément àl'article5dudit
règlement.
InaccordancewithCouncilRegulation(EEC,Euratom)No354/83of1February1983
concerningtheopeningtothepublicofthehistoricalarchivesoftheEuropeanEconomic
CommunityandtheEuropeanAtomicEnergyCommunity(OJL43,15.2.1983,p.1),as
amendedbyRegulation(EC,Euratom)No1700/2003of22September2003(OJL243,
27.9.2003,p.1),thisfileisopentothepublic.Wherenecessary,classifieddocumentsinthis
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),istdieseDateiderÖffentlichkeitzugänglich.Soweit
erforderlich,wurdendieVerschlusssachen indieserDateiinÜbereinstimmung mitArtikel5
dergenanntenVerordnungfreigegeben.

COMMISSION OPTHEEUROPEAN COMMUNITIES
COM(73)361final
Brussels,8March1973
Recommendation for
REGULATION(CUE)OPTHECOUNCIL
on"theconclusionofatradeagreementbetweenthe
EuropeanEconomicCommunityandtheEasternRepublicof
Uruguayandadoptingprovisionsforitsimplementation
(submittedtotheCouncilbytheCommission )
COM(73)361final

Recommendation from the Commission tothe Council onthe
conclusion ofatrade agreement "between theSECandUruguay
1.Atitsmeeting on28February 1972 theCouncil adopted guide–lines for
thenegotiations with Uruguay onatrade agreement .Onthis basis three
negotiating sessions were hold (April andJune 1972 >February 1973 )
between theCommission andanUruguayan delegation .
2.TheFrench text oftheAgreement between theEuropean Economic Community
andUruguay wasfinalised atthelast negotiating session held on
21February 1973 andwasthesubject ofanexchange ofletters between
thetwoheads ofdelegation confirming their agreement onitscontent *
TheCommission delegation wasledbyMr. W.Ernst ,Director atthe
Directorate-General forExternal Relations oftheCommission ,andthe .
Uruguayan delegation byH.E. F.Griinwaldt –Raoas sorAmbassador Extraordinary
andPlenipotentiary ,Head oftheUruguayan Mission totheEuropean
Communities .
3.Thenegotiated texts arethefollowing :
–TheTrade Agreement between theEuropean Economic Community andthe
Eastern Republio ofUruguay andtheannexes thereto ,
–four exchanges ofconfidential letters (separate restricted
distribution ).
TheFrench texts ofthedocuments have already been made available
torepresentatives ofMember States totheArticle 113Committee .
4«•/••9

TheAgreement and .annexes thereto andtheexchanges ofconfidential
letters aretheoutcome ofthenegotiations "between theUruguay
andCommunity delegations .They areconsistent with theguide-lines
adopted "bythe .Council atitsmeeting on28February ,1972*
TheCommission therefore considers that ithascompleted thetask
entrusted toitbytheCouncil ,andrecommends that theCouncil initiate
theprocedures forthesignature andconclusion oftheAgreement with
Uruguay . .
With aview totheconclusion andimplementation oftheAgreement ,the
Commission herewith transmits tothe Council :
–arecommendation .foraregulation ontheconclusion oftheAgreement
andtheannexes thereto ,andadopting provisions forits
■implementation .
Afurther recommendation bytheCommission totheCouncil is
distributed separately onarestricted ,basis .Itconcerns a
recommendation foraCouncil decision ontheconclusion oftheexchanges
ofconfidential letters between theEuropean Economic Community and
Uruguay .

RECOMMENDATION FORREGULATION (EEC) OPTEE COUNCIL
ontheconclusion ofaTrade Agreement between theEuropean
Economic Community andtheEastern Republic ofUruguay and
adopting provisions foritsimplementation
THECOUNCIL OFTHEEUROPEAN COMMUNITIES r
HAVING REGARD totheTreaty establishing theEuropean Economic
Community fandinparticular Articles 113and114thereof j
HAVING REGARD totheRecommendation oftheCommission j
WHEREAS theTrade Agreement negotiated between theEuropean Economic
Community andtheEastern Republic ofUruguay should beconcluded j
HAS ADOPTED THIS REGULATION 1
Article 1
TheTrade Agreement between theEuropean Economic Community andthe
Eastern Republic ofUruguay ,thetext ofwhich isannexed tothis
Regulation ,shall beconcluded onbehalf oftheCommunity ,
Article 2
ThePresident oftheCouncil ishereby authorised todesignate the
persons empowered tosign theAgreement andtoconfer onthem the
powers required inorder tobind the Community .

Article3
TheCommunityshallberepresented ontheJointCommitteeprovidedfor
inArticle5oftheAgreementbytheCommission,assistedbyrepresentatives
oftheMemberStates.
-"'Article4
ThisRegulationshallenterintoforceonthethirddayfollowingits
publicationintheOffioialJournaloftheEuropeanCommunities.
ThisRegulationshallbebindinginitsentiretyanddireotlyapplicable
inallMemberStates...' ■
DoneatBrussels, For'theCouncil
ThePresident

TRADE AGREMENT
between theEuropean .Economic Community and theEastern
Republic ofUruguay
THECOUNCIL OFTHEEUROPEAN COMMUNITIES ,ofthe onepart ,and
THEGOVERNMENT OFTHEEASTERN REPUBLIC OFURUGUAY ,ofthe other part ,
Determined toconsolidate and extend the traditional economic and
trade relations between theEuropean Economic Community and the
Eastern Republic ofUruguay ;
Adhering tothespirit ofcooperation which inspires them ;
Recognizing theimportance oftheharmonious development oftrade
between theContracting Parties ; <
Desiring tocontribute totheexpansion oftrade and thedevelopment
ofeconomic cooperation onabasis advantageous toboth Contracting
Parties ; ■ ;
Have decided toconclude aTrade Agreement between theEuropean
Economic Community and theEastern Republic of "Uruguay and tothis end
have designated astheir Plenipotentiaries :
THE COUNCIL OFTHE EUROPEAN COMMUNITIES : .
THE GOVERNMENT OFTHE EASTERN REPUBLIC -OFURUGUAY :. ■ •
Who ,having exchanged their Full Powers ,found ingood anddueform ;
HAVE AGREED ASFOLLOWS :

Article 1
1. TheCommunity andUruguay shall ,intheir trade relations ,
grant each other most -favoured -nation treatment inallmatters
relating to.:... . .
-customs duties andcharges of 'allkinds onimports orexports ,
including theprocedures forcollecting such duties andcharges ;
-regulations concerning customs clearance ,transit ,warehousing or
trans-shipment ofimported orexported products ;
-taxes andother internal charges directly orindireptly imposed
onimported orexported goods orservices ;
-regulations concerning payment inrespect oftrade orexchange of
services ,including theallocation ofcurrency andthetransfer
ofsuch payments ;
-regulations affecting thesale ,purchase ,transport ,distribution
anduseofgoods andservices ontheinternal market .
2. Paragraph 1shall notapply to:
(a)advantages granted by ;theContracting Parties toneighbouring
countries tofacilitate frontier-zone traffic ;
(b)advantages granted bytheContracting Parties with theobject
ofestablishing acustoms union orafree trade area ;
(c)Other advantages which theContracting Parties grant to
particular countries inconformity with theGeneral
Agreement onTariffs andTrade .

Article 2
TheCommunity ,inapplication ofits common liberalization
arrangements ,andUruguay shall grant each other thehighest degree
ofliberalization ofimports andexports which they generally apply
tothird countries .

«V
Article3•
1.TheCommunityandUruguayshallestablishmutualcooperation
inagricultural matters.*'
Tothisend:
(a)theyshallregularlyinformeachotherofdevelopmentsin
theirmarketsandintheirreciprocaltrade;
(b)theyshallgivesympatheticconsideration totheavailability
ofexportsbywhichshortagesmaybealleviated ;
(c)theyshallcooperateinthestudyofproblemswhichmight
arisefromtheapplication ofhealthprotectionorplant
protectionmeasures;
(d)theyshallcooperateatinternational levelinthesolution
ofproblemsofcommoninterest.
Themeasuresreferredtoin(a),(b)and(c)shallbeimplemented
bytheJointCommitteeprovidedforinArticle
2.Talcingintoaccounttheinformationreferredtoin
paragraph1(a)*theCommunityandUruguayshallendeavourtotake
stepstoavoidsituationscallingforprotectivemeasuresintheir
reciprocaltradeinagricultural products.
Ifsuchasituationshouldariseorthreatentoariseforan
agricultural productinwhicheitherPartyhasasubstantialinterest,
thePartiesshall,inconformitywiththeirinternational obligations ,
enterintoconsultations whichshould,sofaraspossible,precede
theapplicationofprotectivemeasures.Suchmeasuresmustbe
consistentwiththeinternational obligationsoftheParties.

Article
Within ,the framework ofcooperation inagricultural matters between
theContracting Parties : ■-
1. Theprovisions ofAnnex Ishall apply toimports into the
Community ofcertain beef andveal products .
2. Uruguayan exports ofbeef andveal totheCommunity shall
comply with theprocedures setoutinAnnex 1.

-6-
Article 5 •
AJoint Committed' shall b6established consisting ofrepresentatives
oftheCommunity andofUruguay .TheJoint Committee shall meet
once ayear atanagreed date andplace .Extraordinary meetings
may beconvened byagreement .
TheJoint Committee shall ensure theproper functioning ofthis
Agreement andshall examine allmatters which mayarise inthe
course ofitsimplementation .
TheJoint Committee shall also endeavour tofind ways andmeans of
furthering economic andcommercial cooperation between theCommunity
andUruguay ,which promotes trade relations andbenefits both
Parties .
Itmayputforward anysuggestions serving theobjectives ofthis
Agreement .
TheJoint Committee maysetupspecialized subcommittees toassist
itintheperformance ofits tasks .

Article 6
Theprovisions ofthis Agreement 6hall besubstituted forthose
provisions ofagreements concluded between Member States and
Uruguay which areincompatible with oridentical with them .

Article 7
1. TheAgreement ,shnl.X apply totheEuropean territories where
theTreaty establishing theEurppean Economic Community applies ,
and totheterritory ,of .theEastern Republic ofUruguay .
2. TheAgreement shall apply also totheFrench overseas
departments sofax asconcerns those ofthe fields covered byit
Which correspond tothose listed inthefirst subparagraph of
Article 227(2 )oftheTreaty establishing theEuropean Economic
Community .
\
TheConditions forapplying tothose departments theprovisions of
theAgreement relating toother fields shall bedecided atalater
date byagreement between theContracting Parties .

Article 8
TheAnnexes shall form anintegral part oftheAgreement .

10-
Article 9
1. This Agreement shall enter into force onthefirst dayofthe
month following thedate onwhich theParties have notified each
other ofthecompletion oftheprocedures necessary forthis
purpose .Itisconcluded forthree years .
2. Itshall beprolonged from year toyear ifneither Party
denounces itthree months before its expiry date .
••*/

-11
Article 10
This Agreement isdrawn upintwocopies intheDanish ,Dutch ,
English ,French ,German ,Italian andSpanish languages ,these
texts being equally authentic .
••/•«•

ANNEX I

-12
ANNEX I
Application ofArticle koftheAgreement
A. Application ofArticle 4(1 )oftheAgreement
•Article 1
1. When implementing itsmarket organization forbeef andveal
theCommunity shall endeavour tofix thesuspension ofthelevy on
imports oftheproducts listed below atthehighest possible level#
This suspension shall besofixed that thelevy onthose products
does not exceed 55per cent ofthe total levy .
Common II
Custor.s
Tariff i' Description ofgoods
headxng ii
No
02.01 IMeat and edible offals oftheanimals falling within
Iheading No01.01 .01.02 ,01.03 ,or01.04 ,fresh ,chilled
Iorfrozen :
A. Meat :
! ■"■
i II.Ofbovine animals
(a)domestic ;
! (2)frozen
(bb)forequarters
(dd)other :
(22)boned orboneless
(aaa)forequarters whole#
orcut into amaximum
offive pieces ,each
quarter being ina
. single block ;
"compensated "quarters
intwoblocks ,one of
which contains the
forequarter ,wholes or
cut into amaximum of
i five pieces ,and the
other the hindquarter ,
excluding the •
| tenderloin ,inone
j piece
i ... (bbb)other
Meat falling under this subheading may qualify for thesuspension
ofthelevy only ifitissubject tocustoms oradministrative
control toensure that itisprocessed . ,

-13-
2. Thecooperation inagricultural matters between theContracting
Parties shall include theexchange ofinformation ontheir trade in,
andmarkets for ,theproducts listed inparagraph 1.
3« Ifdisturbances occur orthreaten .tooccur on .theCommunity
market asaresult ofmeasures taken under paragraph 1,theCommunity -
may ,after consultation with Uruguay ,suspend theapplication ofthat
paragraph until thesituation isrestored .Such consultation must
beconcluded within fifteen days from thedate oftherequest for
consultation . 1 ■ '
Article 2
TheContracting Parties shall each year exchange information inthe
Joint Committee toenable theyearly estimate ofthemeat intended
fortheprocessing industry tobedrawn upbytheCommunity ,as
provided forinitsmarket organization forbeef andveal .;
.. Article 3
Quantities ofproducts listed below shall becalculated interms of
boneless meat forthepurpose ofdeductions against theannual tariff
quota atthe20percent rate ofduty bywhich theCommunity is
bound under theGeneral Agreement -onTariffs andTrade .
Common
Customs
■Tariff
•heading
No •Description ofgoods
02.01 Meat and edible offals oftheanimals failling within
. 1
IIheading No01.01 ,01.02 ,01.03 or01.04 -,fresh ,chilled
orfrozen :
A. ,Meat :
II.Ofbovine animals
(a)domestic
(2)frozen
I
I , ,

Article b
1. Inorder that Uruguay shall notbeinaposition less favourable
than that ofEuropean supplying countries inrespect ofthelevy ,the
Community shall ,bearing inmind thelength oftheseapassage ,take
measures under itsmarket organization forbeef and veal ,toensure
that thelevy ontheproducts listed below may ,onrequest ,befixed
inadvance .
Tothat endtheCommunity shall introduce anadvance fixing
certificate whose validity shall belimited tothirty days andwhich
fixes thelevy onthebasis oftheamount applicable onthedayon
which thecertificate isapplied for.Theissue ofacertificate
shall beconditional onthelodging ,atthetime ofapplication ,of
adeposit equal toeight units ofaccount per100kgnet .
2. Ifdisturbances occur orthreaten tooccur ontheCommunity
market asaresult ofmeasures taken under paragraph 1,theCommunity
may ,after consultation with Uruguay ,suspend theapplication ofthat
paragraph until thesituation isrestored .Such consultation must
beconcluded within tendays from thedate oftherequest for
consultation .
CommonI
i
Customs
Tariff Description ofgoods
headingI
I
No
ι -- -
02.01 Meat and edible offals oftheanimals falling within
heading No01.01 ,01.02 ,01.03 or01.04 .fresh ,chilled
orfrozen :
A. Meat :
i II.Ofbovine animals :
(a)domestic :
1.fresh orchilled
••■/•••

-15-- ■
B. Application ofArticle M2)
Article 5
In .order tocontribute tothestabilization oftheinternal Community
market inbeef andveal ,Uruguay .shsQ.1 maintain anappropriate rate
ofdelivery .andshall take allmeasured designed toensure anorderly
development ofits exports totheCommunity .
Inaccordance with procedures laid down byadministrative cooperation
between their competent authorities ,Uruguay shall provide the
Community with allrelevant information onexports ofbeef andveal
and onruling prices .

ANNEXII

-16–
Joint Declaration No1
onArticle 1oftheAgreement
TheContracting Parties agree that theprovisions ofsubparagraph (a)
ofArticle 1(2)shall also 'apply totheadvantages which Uruguay
grants toBolivia andParaguay inorder tofacilitate frontier-zone
traffic .
••/•#

Joint Declaration No2
onArticle 2oftheAgreement
TheContracting Parties areprepared ,toexamine rintheJoint
Committee ,"theprogressive elimination ofquantitative orother
restrictions which may ...impede .theimports ofeither Party#

-18-
Joint Declaration No3
onArticle 5oftheAgreement
TheCommunity andUruguay agree toexamine intheJoint Committee ,
with aview tomaking proposals ,measures ofcooperation which
would promote ,trade relations andbenefit both parties ,including
measures relating to:
(a)thepromotion ofreciprocal exports ,and
(b)steps which might betaken inthelight ofthedesirability
ofimproved coordination andhaving regard totheobjectives
ofUruguay 'sdevelopment plan .
•••/•••

Declaration No"'l bytheCommunity on
Article 3ottheAnnex to'theAgreement
Inresponse toarequest byUruguay ,theCommunity isprepared to
examine each year -intheJoint Committee,' after exchanging '
information with Uruguay ,whether additional import opportunities
should beprovided *byanappropriate method,' under thetariff
quota mentioned inArticle 3oftheAnnex totheAgreement .
TheCommunity isprepared tocarry outthis annual examination by
adate such that theadditional import opportunities which itallows
may beavailable from thebeginning ofthesucceeding year ..For
1973 *theexamination maybemade assoon aspossible after the
entry into force oftheAgreement *

-20-
Declaration No2by
theCommunity ontariff adjustments
TheCommunity confirms that thesystem ofgeneralized preferences
which itintroduced unilaterally from 1July 1971 tpursuant to
Resolution No21(II)of1968 ofthesecond conference ofUNCTAD ,
covers anumber .ofproducts which have been included following the
requests fortariff concessions put forward byUruguay during the
negotiations which led totheAgreement signed today .
TheCommunity isprepared ,during periodical ,reviews ofthesystem
ofgeneralized preferences ,tocontinue totake into account the .
interests ofUruguay .
TheCommunity isalso ready toexamine ,intheJoint Committee ,the
question offurther tariff adjustments infavour ofUruguayan
products .
TheCommunity understands that Uruguay isinalike spirit ready to
examine ,intheJoint Committee ,thepossibility oftariff
adjustments infavour ofCommunity products andofsimplifying and
relaxing consular formalities •

Declaration No.3bytheCommunity
oncertain products of .theUruguayan craft industry
Inresponse toarequest byUruguay ,theCommunity ,declares that it
isprepared toinclude intheschedule ofhandicraft products
covered bytheCommunity tariff quota which itopens unilaterally
each year free ofcustoms duty ,thefollowing handicraft articles
ifaccompanied byacertificate issued bytheUruguayan authorities
andrecognized bythecompetent authorities oftheCommunity , .
stating that thegoods inquestion arehandmade . ,
Common
Customs
Tariff
heading
No ■Description ofgoods
ex61.01
61.02
ex61.06
62.01
62.02
ex65.05Men'sandboys' outer garments :
-woollen ponchos
Women 's,girls' andinfants' outer garments :,,
-exB.Other : " -•'
-capes ,skirts ,andcuts forskirts ,-allofwool
Shawls ,scarves ,mufflers ,mantillas ,veils andthelike :
-ofwool
Travelling rugs andblankets :
-B.Other :
exIIOfother textile materials
-woollen blankets
Bedlinen ,table linen ,toilet linen andkitchen linen ?
curtains and other furnishing articles :
exB.Other :
-double curtains ofwool
Hats andother headgear (including hair nets ),knitted
orcrocheted ,ormade upfrom lace ,felt orother
textile fabric inthepiece (butnotfrom strips ),
whether ornot lined ortrimmed :
-woollen berets

-22-
Declaration No1byUruguay
ontariff adjustments andconsular formalities
Having taken note ofDeclaration No2bytheCommunity ,Uruguay
declares that itisinalike spirit ready toexamine ,intheJoint
Committee ,thepossibility oftariff adjustments ,applying also to
import surcharges ,infavour ofproducts ofparticular interest to
theCommunity ,account being taken ofUruguay 'sbalance ofpayments
situation .
Uruguay isinalike spirit ready toexamine thepossibility of
simplifying andrelaxing consular formalities ,including consular
fees ,insuch away astofoster trade .Nevertheless ,inview of
thetaxrevenue which they produce ,consular fees can bereduced
only totheextent that they canbereplaced byother taxrevenue .

-23-
Declaration No2byUruguay
onthefixing ofvalues forcustoms purposes
Uruguay hasnoted theinterest expressed bytheCommunity that
Uruguay should apply therules laid down bytheCustoms Cooperation
Council with regard tothefixing ofvalues forcustoms purposes .
Inthis respect Uruguay :
-declares that ithassetinmotion theprocedures required by
itsConstitution inorder toaccede totheCustoms Cooperation
Council ;
-declares that with regard toallgoods imported from the
Community itapplies defacto thenorms oftheBrussels
Definition asincorporated intheConvention onthevaluation
ofgoods forcustoms purposes ,signed atBrussels ,on
15December 19.50 ?
-declares that itisprepared toenter into consultation with
theCommunity intheevent ofdifferences ofopinion onthe
value ofproducts exported by theCommunity .

Declaration No3byUruguay
onthelodging ofdeposits prior toimportation
Inresponse toarequest bytheCommunity for theprogressive
abolition ofthelodging ofdeposits prior toimportation ,Uruguay
declares that itisready toagree ,intheJoint Committee ,on
adjustments tothese deposits forproducts ofparticular interest
totheCommunity .Itisalso ready toenter upon theexamination
ofsuch adjustments atthefirst meeting oftheJoint Committee .
Uruguay isalso prepared toagree atalater date onaprogramme
which would meet theCommunity 'srequest ,assoon asits general
economic situation ,inparticular itsbalance ofpayments ,has
improved .

-25-
Declaration NokbyUruguay
onArticle 3oftheAgreement
Uruguay declares that itattaches great importance tothe
application ofArticle 3oftheAgreement toits exports ofcitrus
/
fruits ,rice ,linseed oilandbarley malt .
•••/•••

26-
Declaration No5byUruguay
-onindustrial wool
Tomeet theconcern expressed bytheCommunity forpreserving the
stability oftheCommunity market forindustrial wool production ,
andunder the terms ofcooperation provided inArticle 5ofthe
Agreement ,Uruguay ,while stressing itsconcern tocontinue to
increase itsindustrial wool exports totheCommunity ,declares
that itisprepared attherequest oftheCommunity and ina
spirit ofcooperation ,toexamine anydifficulties which might
arise orthreaten toarise asaresult ofUruguayan exports .
Likewise ,Uruguay proposes tobring totheattention oftheCommunity
anydifficulties which itsindustrial wool exports might encounter
ontheCommunity market .
•••/•••

- .27-
Declaration No6byUruguay
onAnnex I,Article .5oftheAgreement
Uruguay undertakes tosupply theoompetent authorities ofthe'
Community with allrelevant information onits exports ofbeef
and veal ,andinparticular onshipments made ,such asdates of
shipments andnames ofships ,and theprices obtaining ,such as
prices ontheTablada nacional market ,prices oftherefrigerating
firms ,export prices andexport charges .
•••/••

v-28-
Declaration No7*>yUruguay
oncalves forbreeding
Since theCommunity hasindicated itsinterest intheimportation
ofbreeding calves from Uruguay ,Uruguay declares that itis
prepared ,attheappropriate time ,toconsider sympathetically the
adoption ofmeasures tofacilitate the export ofbreeding calves ,
totheCommunity . •-

-29-
Declaration No8byUruguay
onquestions relating tothe
importation ofbeef and veal
Uruguay declares that itattaches great importance totheearliest
possible discussion ,intheJoint Committee ,ofquestions relating
tothecoefficients applied tobeef andveal and thefixed costs
laid down for frozen meat *
•/•••

-30-
Declaration No9byUruguay
oninvestments inUruguay
Uruguay confirms that ,inthecontext ofmutually advantageous
cooperation ,itwould welcome anincrease ininvestments by
Community financial ,interests such aswould contribute tothe
development oftheUruguay economy .
Having regard tothewish expressed bytheCommunity toobtain
satisfactory conditions forinvestment forits financial interests ,
Uruguay declares that itsConstitution makes nodistinction between
national andforeign financial interests and that consequently its
law applies inthesame way toboth .Italso declares that under
Article 32ofitsConstitution nobody canbedeprived oftheright
ofownership except incases ofpublic necessity orpublic interest
laid down byenacted law ,whereby afair prior compensation isalways
paid .
Uruguay also declares itsintention toencourage investments by
Community financial interests ,especially such investments aswould
serve theobjectives ofitsnational development plan .
•••/•••

Declaration No10byUruguay
onthefishing industry
With reference totheJoint Declaration No J5onArticle 5ofthe
Agreement ,Uruguay declares particular interest inmeasures to
promote thedevelopment offishing andrelated industries in
Uruguay and toensure satisfactory operating conditions for
Community nationals .

-32-
Exchange ofletters onseatransport
Your Excellency ,
With regard totheTrade Agreement between theEuropean Economic
Community andUruguay ,signed today ,Ihave thehonour torefer to
theconcern which theCommunity andtheMember States expressed to
you ,inthecourse ofthenegotiations ,asregards »obstacles
totrade resulting from seatransport conditions .
Ishould beobliged if -youwould confirm that these problems will
beexamined atthe first meeting oftheJoint Committee ,andthat
mutually satisfactory solutions will besought toeliminate
difficulties affecting thedevelopment ofreciprocal trade and to
ensure theharmonious operation -ofsuch trade ,onthebasis ofan
equality oftreatment which would take account ofthelegitimate
interest andtheright ofCommunity operators toparticipate freely
irttheseatransport ofproducts traded .
Please accept ,Your Excellency ,theassurance ofmyhighest
consideration .

-33-
Your Excellency ,
Ihave the .honour toacknowledge with thanks receipt ofyour letter
oftoday r$date onthequestion ofs.eatransport .
Icanstate that theGovernment ofUruguay isj?eady ,inaspirit of
mutual cooperation ,toassist inseeking solutions satisfactory to
both parties toeliminate seatransport difficulties affecting the
development ofreciprocal trade and toensure theharmonious
operation ofsuch trade onthebasis ofanequality oftreatment
which would take account ofthelegitimate interest andtheright *
ofUruguay todevelop itsmerchant marine .
Ihereby ,confirm that Uruguay isready toexamine solutions to .these
questions atthefirst meeting oftheJoint Committee .
Please accept ,Your Excellency ,theassurance ofmyhighest
consideration .