Commission Regulation (EC) No 2234/2002 of 13 December 2002 laying down the revised production estimate for unginned cotton for the 2002/2003 marketing year and the resulting new provisional reduction in the guide price
Date: 2002-12-13
Institutions: European Commission
Subjects: Greece, Portugal, Spain, cotton, marketing, norm price, production

L 338/30

EN

Official Journal of the European Communities

14.12.2002

COMMISSION REGULATION (EC) No 2234/2002

of 13 December 2002

laying down the revised production estimate for unginned cotton for the 2002/2003 marketing
year and the resulting new provisional reduction in the guide price

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to the Act of Accession of Greece, and in parti-
cular Protocol 4 on cotton, as last amended by Council Regula-
tion (EC) No 1050/2001 (1),

Having regard to Council Regulation (EC) No 1051/2001 of 22
May 2001 on production aid for cotton (2), and in particular
Article 19(2) thereof,

Whereas:

(1)

(2)

(3)

Article 16(2) of Commission Regulation (EC) No 1591/
2001 of 2 August 2001 laying down detailed rules for
applying the cotton aid scheme (3), as amended by Regu-
lation (EC) No 1486/2002 (4), provides that the revised
production estimate for unginned cotton referred to in
the second subparagraph of Article 14(3) of Regulation
(EC) No 1051/2001 and the resulting new provisional
reduction in the guide price are to be established before
1 December of the marketing year concerned.

Article 19(2) of Regulation (EC) No 1051/2001 provides
that the revised production estimate is to be established
taking account of the progress of the harvest. On the
basis of data available for the 2002/2003 marketing
year, that revised estimate should be as set out below.

The second subparagraph of Article 14(3) of Regulation
(EC) No 1051/2001 provides that from 16 December
following the start of the marketing year, the amount of
the advance is to be determined based on the revised
production estimate, plus at least 7,5 %. In view of the
most recent figures for the 2002/2003 marketing year
on quantities placed in supervised storage notified by the

(1) OJ L 148, 1.6.2001, p. 1.
(2) OJ L 148, 1.6.2001, p. 3.
(3) OJ L 210, 3.8.2001, p. 10.
(4) OJ L 223, 20.8.2002, p. 3.

Member States in accordance with Article 15(4)(c) of
Regulation (EC) No 1591/2001, as a safety margin, a
percentage increase of 9,5 % for Greece, 7,5 % for Spain
and 12 % Portugal should be applied.

The new provisional reduction in the guide price is
calculated in accordance with Article 7 of Regulation
(EC) No 1051/2001, but replacing actual production by
the revised production estimate plus at least 7,5 %. That
reduction should therefore be as set out below.

The measures provided for in this Regulation are in
accordance with the opinion of
the Management
Committee for Natural Fibres,

(4)

(5)

HAS ADOPTED THIS REGULATION:

Article 1

For the 2002/2003 marketing year, the revised produc-

1.
tion estimate for unginned cotton shall be:

— 1 100 000 tonnes

for Greece,

— 309 917 tonnes

for Spain,

— 1 664 tonnes

for Portugal.

For the 2002/2003 marketing year, the new provisional

2.
reduction in the guide price shall be:

— EUR 34,441/100 kg

for Greece,

— EUR 17,965/100 kg

for Spain,

— EUR 12,862/100 kg

for Portugal.

Article 2

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

14.12.2002

EN

Official Journal of the European Communities

L 338/31

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

Done at Brussels, 13 December 2002.

For the Commission

Franz FISCHLER

Member of the Commission