Proposal for a COUNCIL DECISION on transitional measures to be applied from 1 March 1995 in the context of the association of the overseas countries and territories with the European Community
Date: 1995-07-14
Institutions: European Commission
Subjects: Stabex, Sysmin, association agreement (EU), economic cooperation, financial cooperation, overseas countries and territories

COMMISSION  OF THE EUROPEAN  COMMUNITIES 

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Brussels,  14.07.1995 
COM(95)  355  final 

Proposal  for  a 

COUNCIL  DECISION 

on  transitional  measures  to  be  applied  from  1  March  1995  in  the  context  of  the 
association  of  the  overseas  countries  and territories  with  the  European  Community. 

(presented  by  the  Commission) 

EXPLANATORY  MEMORANDUM 

1. 

The  Council  Decision  on  the  transitional  measures  to be  applied  from  1 March 
1995 in the context of the association of the overseas countries and territories with 
the European  Community  is the equivalent  for  the OCT of the ACP-EU Council 
Decision  on the same subject  for  the ACP States. 

Its aim is to ensure the continuity  beyond  1  March  1995 of aid to the OCT under 
the 7th EDF  in  respect  of  Sysmin and  Stabex. 

Note that  structural  adjustment  does  not  apply  to the  OCT  and  that  the  Council 
Decision  of 25 July  1991 on the association  of the OCT  sets no deadline  on the 
five-year  budget  for  emergency  aid,  aid to refugees  or  programmable  aid. 

2. 

The  Council  should  therefore  adopt  the  Decision  below  to  help  bridge  the  gap 
until the entry into force of the Decision fixing the new financial  assistance to the 
OCT  (8th  EDF)  for  the  second  period  of  five  years  covered  by  the  association 
Decision. 

"L 

DECISION  OF THE COUNCIL  OF THE  EUROPEAN  UNION 

of 

1995 

on  transitional  measures  to  be  applied  from  1  March  1995  in  the  context  of  the 
association  of the overseas countries  and territories  with  the European  Community. 

THE  COUNCIL  OF THE EUROPEAN  UNION, 

Having  regard  to  the  Treaty  establishing  the  European  Community,  and  in  particular 
Article  36 thereof, 

Having regard to Council Decision 91/482/EEC of 25 July  1991 on the association of the 
overseas countries and territories with  the European  Community,  hereinafter  referred  to 
as the  "Decision",  and  in particular  Articles  154 and  240 thereof, 

Having regard  to the proposal  from  the  Commission, 

Whereas the Decision  is applicable for  ten  years from  1 March  1990; 

Whereas  the  Decision  stipulates  in  Article  154(4)  that  further  amounts  of  Community 
financing  shall  be adopted  for  the  second  five-year  period  covered  by  it; 

Whereas  pending  the  fixing  of  the  new  amounts  by  the  Council,  the  appropriate 
provisions should be adopted by way of transitional measures to be applied from  1  March 
1995, 

HAS DECIDED  AS FOLLOWS. 

Article 1 

(a) 

(b) 

The balances referred  to in Article  119(2) of the Decision  shall, until  exhausted, 
be allocated  to the  Stabex  system  for  the purposes  specified  in Article  114. 

The balances referred  to in Article  142(2) of the Decision  shall, until  exhausted, 
be allocated  to the  special  financing  facility  (Sysmin)  for  the purposes  specified 
in Article  137. 

Article 2 

The  Council  shall  undertake  a  review  of  the  implementation  of  this  Decision  upon  the 
entry  into force  of  the Decision  provided  for  by  Article  154(4) fixing  the financing  for 
the  second  five-year  period  covered  by  it. 

This Decision  shall  enter into force  on  1 March 1995. 

Article 3 

Done at Brussels,  ....  1995. 

For the Council 
The President 

ISSN 0254-1475 

COM(95) 355  final 

DOCUMENTS 

EN 

01  13 

Catalogue number  : CB-CO-95-390-EN-C 

ISBN 92-77-92065-3 

Office for Official Publications of the European Communities 

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