ARCHIVES HISTORIQUES 
DE LA COMMISSION 
 
 
 
COLLECTION RELIEE DES 
DOCUMENTS "COM" 
 
 
 
 
COM (86) 130 
 
 
 
Vol. 1986/0 045 
  
 
Disclaimer  
Conformém ent au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983 
concernant l'ouverture au public des archives historiques de la Communauté économique 
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983, 
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003 
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents 
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit 
règlem ent. 
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983 
concerning the openi ng to the public of the historical archives of the European Econom ic 
Community and the European Atomic Energy Communit y (OJ L 43, 15.2.1983, p. 1), as 
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243, 
27.9.2003, p. 1), this f ile is open to the public. Where necessary, classified documents in this 
file have been declassified in conformity with Article 5 of the aforementioned regulation.  
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom  1. 
Februar 198 3 über die Freigabe der historischen Archive der Europäischen  
Wirtschaftsgemeinschaft und der Europäischen Atomgem einschaft (ABI. L 43 vom  15.2.1983,  
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. Septem ber 2003  
(ABI. L 243 vom 27 .9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit  
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5  
der genannten Verordnung freigegeben.  
COMMISSION  
OF THE
EUROPEAN COMMUNITIES
G e n e ra l S e c re ta ria tBrussels, 10 March 1986
FOR OFFICIAL U S E  ONLY
Proposal for a  
C O U N C IL DECISION
extending the Decision of 4 April 1978 on the application 
of certain guidelines in the fie ld  of o ffic ia lly  
supported export credits
(submitted to the Council by the Commission)
C 0M C 86) 130 fin a l

E X P L A N A T O R Y  M E M O R A N D U M
1. By its  Decision of 4 April 1978, the Council concluded on behalf  
of the Community the Arrangement on Guidelines for O ffic ia lly  
Supported Export Credits (the "Consensus"). This Decision has  
been renewed several times. Following negotiations with the other  
P articipants, a number of major modifications have been made, the  
most recent of which were approved in a Council Decision of
17 October 1985. This Decision is valid u n til 15 A pril 1986.
2. The Commission has always seen the Consensus as an effe c tive  
instrument of international discipline which has helped to reduce  
subsidies and minimize countei—productive competition in the area  
of o ff ic ia lly  supported export credits. It  therefore considers  
that i t  is in the interests of the Community that the Consensus  
be extended beyond 15 April 1986.
3. The Commission accordingly proposes that the Council adopt the  
attached d raft Decision extending the application of the Arrangement  
for a further six months.

PROPOSAL FOR A
COUNCIL DECISION
- ~ o r
extending the Decision of k April I 97S on the 
application of certain guidelines in the field 
of officially supported export credits
Trlii COUNCIL CF TH& EUROPEAN COMM! NITIES,
Having regard to the Treaty establishing the European Economic Community, 
and in particular Article 11J -hereof,
Having regard to the proposal from the Commission,

-  2 -
Whereas the Community is party to the Arrangement on guidelines  
for officially supported export credits;
Whereas that Arrangement is the subject of the Council Decision of  
4 April 1978; whereas the Annex to that Decision was last amended  
and supplemented by the Decision of 17 October 1985»  whereas the  
Decision of 4 April 1978 was last extended by the same Decision;
Whereas, in the interests of the Community and in order to strengthen  
the principle of international cooperation, it is important that  
the Arrangement should continue to apply in the Community in order  
to minimize counter-productive competition in the field of officially  
supported export credits,
HAS ADOPTED THIS DECISION:
Article 1
Article 5 of the Decision of 4 April 1978 shall be replaced by  
the following:
"Article 5
This- decision shall apply up to 15 October 1986."
Article 2
This Decision is addressed to the Member States.
Done at
For. the Council  
The President