Council Regulation (EC) No 2658/98 of 19 January 1998 concerning the approval of an exchange of letters between the European Community and the Republic of Hungary on certain import arrangements for agricultural products
Date: 1998-01-19
Institutions: Council of the European Union
Subjects: European Community, Hungary, agricultural product, import, import policy

11. 12. 98

EN

Official Journal of the European Communities

L 336/1

I

(Acts whose publication is obligatory)

COUNCIL REGULATION (EC) No 2658/98

of 19 January 1998

concerning the approval of an exchange of letters between the European
Community and the Republic of Hungary on certain import arrangements for
agricultural products

THE COUNCIL OF THE EUROPEAN UNION,

The text of the Agreement is attached to this Regulation.

Having regard to the Treaty establishing the European
Community, and in particular Article 113 in conjunction
with Article 228(2) first sentence thereof,

Having regard to the proposal from the Commission,

Whereas the Europe Agreement establishing an associ-
ation between the European Communities and their
Member States, of the one part, and the Republic of
Hungary, of the other part (1), provides for close coopera-
tion in commercial matters between the two parties;

Whereas, following the Hungarian request for a World
Trade Organisation (WTO) waiver under which Hungary
would be entitled to grant additional subsidies for agricul-
tural exports there might be a risk of disturbances on
Community markets;

Whereas, the safeguard provisions in the abovementioned
Europe Agreement are not sufficiently specific to deal
with this risk;

Whereas, in order to limit this risk it is appropriate to
agree on a fast track safeguard clause,

HAS ADOPTED THIS REGULATION:

Article 1

of

letters

exchange

The
between the European
Community and the Republic of Hungary on certain
import arrangements for agricultural products is hereby
approved on behalf of the Community.

(1) OJ L 347, 31. 12. 1993, p. 2.

Article 2

The President of the Council
is hereby authorised to
designate the person empowered to sign the exchange of
letters in order to bind the Community.

Article 3

The Commission shall, at the request of a Member
1.
State or on its own initiative, decide upon the necessary
measures in accordance with the Agreement referred to in
Article 1. The Member States shall be notified of such
measures, which shall be immediately applicable. If the
Commission receives a request from a Member State, it
shall take a decision thereon within three working days
following receipt of the request.

2. Measures decided upon by the Commission may be
referred to the Council by any Member State within three
working days of the day on which they were notified. The
Council shall meet without delay. It may, acting by a
take a different decision within a
qualified majority,
period of 30 days.

Article 4

The Commission is hereby authorised to define, in agree-
ment with the Hungarian authorities, the procedures for
the application of the Agreement referred to in Article 1.

Article 5

This Regulation shall enter
into force on the day
following its publication in the Official Journal of the
European Communities.

L 336/2

EN

Official Journal of the European Communities

11. 12. 98

This Regulation shall be binding in its entirety and directly applicable in all Member
States.

Done at Brussels, 19 January 1998.

For the Council

The President

G. BROWN