Report from the Commission to the ACP-EC Committee of Ambassadors on the operation in 1996 of the export earnings stabilisation system under the fourth ACP-EC Convention as revised by the Agreement signed in Mauritius on 4.11.1995
Date: 1997-12-01
Institutions: European Commission
Subjects: ACP-EU Convention, Mauritius, Stabex, export revenue, financial protocol

COMMISSION OF THE EUROPEAN COMMUNITIES 

it 

* 

Brussels, 01.12.1997 
COM(97)  641  final 

REPORT FROM THE COMMISSION 

TO THE ACP-EC COMMITTEE OF AMBASSADORS 

On the operation in 1996 of the 

export earnings stabilisation system under the 

fourth ACP-EC Convention as revised by the 

Agreement signed in Mauritius on 4.11.1995 

Stabex. application year 199t 

Report  by  the  Commission  pursuant  to  Article  207(4)  of  the  revised  fourth  ACP-EC 
Convention 

Article 207(4) of the revised Lomé IV Convention states: 

"On  30  September  ...  the  Commission  shall  report  to  the  Committee  of 
Ambassadors on the progress made with the processing of all transfers. " 

This report covers transfers for the 1996 year of application. 

The Commission found  20 ACP States to be eligible for 27 transfers under the system in 
respect of 1996. 

Following consultation under Articles 202 and 203 of the Convention, as appropriate, the 
total of eligible transfers is ECU 73 584 806. 

For the  1996 year of application the position regarding the financial  resources  available 
under the system is: 

ECU 

-  allocation 
application 

in  respect  of  the  1996  year  of 

360 000 000 

-  balance for  1995 to be carried over to 1996 

283 758 176 

-  estimated interest up to 30 June 1997 

18 528 392 

Total 

$02 38$ 508 

This means that  all transfers  eligible  in  1996 can be covered,  but the funds  will  not be 
available  until  the  revised  Convention  comes  into  force,  which  will  not  be  until  the 
Financial Protocol is ratified. 

For  the  1995  year  of  application  a  Decision  of  the  ACP-EC  Council  of  Ministers 
(No 2/96  of  28.6.1996)  allowed  funds  unused  under  the  first  Financial  Protocol  to  be 
used to advance the transfers approved in respect of that year. 

As  a  similar  solution  is  not  possible  for  1996,  the  Commission  decision  determining 
Stabex  transfers  for  that  year  had  to  be  adopted  subject  to  the  revised  Convention 
entering into force  and having being ratified  by the ACP State due to receive a  transfer. 
This Decision was taken on  18 July  1997. 

The transfer  agreements  referred  to in the Commission  Decision  will have to be  signed, 
and the transfers  paid out, immediately after the revised Convention enters into force and 
has been ratified  by the ACP State due to receive the transfer. 

The list of transfers for the  1996 year of application is annexed to this report. 

STABEX-  1996 YEAR OF  APPLICATION 

Annex 

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•<"  o 

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•C  <-< 

"-  o 

< 

Amount 
transferred 

Country 

Product 

CD 
T3 
O 
CJ 

C 
3 
O 
O 
224 
236 
248 
252 

Sudan 
Burkina Faso 
Senegal 
Gambia 

257 
264 
280 
306 
324 

Guinea-Bissau 
Sierra Leone 
Togo 
Central African  Republic 
Rwanda 

328 

Burundi 

352 
370 
375 

Tanzania 
Madagascar 
Comoros 

386 

Malawi 

460 
465 
467 
473 
812 
816 

Dominica 
Saint Lucia 
Saint Vincent and Grenadines 
Grenada 
Kiribati 
Vanuatu 

IN 

1 
2 
3 
4 
5 
6 
7 
8 
9 
10 
11 
12 
13 
14 
15 
16 
17 
18 
19 
20 
21 
22 
23 
24 
25 
26 
27 

Gum arabic 
Beans 
Groundnut  products 
Cotton, neither carded nor combed 
Shrimps 
Wood 
Green or roasted coffee 
Green or roasted coffee 
Wood 
Tea 
Pyrethrum saps and other extracts 
Uncured skins 
Green or roasted coffee 
Uncured skins 
Tea 
Vanilla 
Vanilla 
Cloves 
Essential oils 
Green or roasted coffee 
Tea 
Green bananas 
Green bananas 
Green bananas 
Green bananas 
Copra 
Cocoa beans 

Reference 
level 

Earnings in 
year of 
application 

Loss of 
earnings 

t
n
u
o
m
A

i

d
e
n
a
t
e
r

i

"
e
s
h
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f
"

44.588.431 
5.742.997 
68.840.017 
1.231.825 
1.833.275 
1.137.372 
4.859.389 
14.740.715 
10.977.955 
2.940.718 
451.215 
2.495.512 
42.564.238 
1.979.515 
24.715.674 
14.370.540 
4.832.432 
729.792 
3.577.138 
10.253.156 
41.513.187 
30.498.935 
66.571.595 
36.419.452 
3.452.470 
2.300.210 
1.670.915 

24.545.800 
5.642.210 
53.833.025 
688.170 
1.227.510 
1.012.882 
2.677.801 
8.331.925 
6.457.550 
1.283.480 
0 
2.087.148 
34.667.200 
1.077.610 
21.417.493 
11.424.680 
1.453.750 
235.830 
2.747.520 
9.428.210 
39.901.525 
21.633.150 
61.982.100 
25.477.270 
1.043.827 
1.935.520 
1.342.430 

20.042.631 
100.787 
10.006.992 
543.655 
605.765 
124.490 
2.181.588 
6.408.790 
4.520.405 
1.657.238 
451.215 
408.364 
7.897.038 
901.905 
3.298.181 
2.945.860 
3.378.682 
493.962 
829.618 
824.946 
1.611.662 
8.865.785 
4.589.495 
10.942.182 
2.408.643 
364.690 
328.485 

445.884 
0 
3.002.098 
0 
0 
0 
48.594 
147.407 
109.780 
0 
0 
0 
425.642 
0 
247.157 
143.705 
48.324 
0 
0 
0 
0 
1.372.452 
1.376.848 
1.638.875 
155.361 
0 
0 

Transfer 
basis after 
amount 
retained 

19.596.747 
100.787 
7.004.894 
543.655 
605.765 
124.490 
2.132.994 
6.261.383 
4.410.625 
1.657.238 
451.215 
408.364 
7.471.396 
901.905 
3.051.024 
2.802.155 
3.330.358 
493.962 
829.618 
824.946 
1.611.662 
7.493.333 
3.212.647 
9.303.307 
2.253.282 
364.690 
328.485 

0 
0 
0 
77.384 
277.341 
36.326 
1.216.233 
2.525.216 
0 
0 
228.377 
0 
4.288.507 
499.168 
0 
0 
1.723.900 
290.582 
0 
161.813 
0 
0 
0 
905.491 
1.510.826 
115.140 
129.817 

19.596.747 
100.787 
7.004.894 
466.271 
328.424 
88.164 
916.761 
3.736.167 
4.410.625 
1.657.238 
222.838 
408.364 
3.182.889 
402.737 
3.051.024 
2.802.155 
1.606.458 
203.380 
829.618 
663.133 
1.611.662 
7.493.333 
3.212.647 
8.397.816 
742.456 
249.550 
198.668 

Total: 

445.288.670 

348.555.616 

96.733.054 

9.162.127 

87.570.927 

13.986.121 

73.584.806 

0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
b 
0 
0 
0 
0 
0 
0 
0 

0 

0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
0 
o 
0 
0 
0 
I)1 
0 
6 
0 
0 
0 
0 
0 
0 
0 
0 
0 

19.596.747 
100.787 
7.004.894 
466.271 
328.424 
88.164 
916.761 
3.736.167 
4.410.625 
1.657.238 
222.833 
408.364 
3.182.889 
402.737 
3.051.024 
2.802.155 
1.606.458 
203.380 
829.618 
663.133 
1.611.662 
7.493.333 
3.212.647 
8.397.816 
742.456 
249.550 
198.668 

0 

73.584.806 

 
 
 
 
 
 
 
 
 
 
 
ISSN 0254-1475 

COM(97) 641 final 

DOCUMENTS 

EN 

09  17  11 

Catalogue  number  : CB-CO-97-696-EN-C 

ISBN 92-78-28940-X 

Office  for Official  Publications of the European Communities 

L-2985 Luxembourg