INDIA ON THE GUARANTEED PRICES FOR CANE SUGAR FOR 1979/80 , ARE HEREBY APPROVED ON BEHALF OF THE COMMUNITY .
THE TEXTS OF THESE AGREEMENTS ARE ANNEXED TO THIS REGULATION .
ARTICLE 2
THE PRESIDENT OF THE COUNCIL IS AUTHORIZED TO DESIGNATE THE PERSON EMPOWERED TO SIGN THE AGREEMENTS REFERRED TO IN ARTICLE 1 SO AS TO BIND THE COMMUNITY .
ARTICLE 3
THIS REGULATION SHALL ENTER INTO FORCE ON THE DAY FOLLOWING ITS PUBLICATION IN THE OFFICIAL JOURNAL OF THE EUROPEAN COMMUNITIES .
THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .
DONE AT LUXEMBOURG , 15 OCTOBER 1979 .
FOR THE COUNCIL
THE PRESIDENT
J . GIBBONS
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AGREEMENT
IN THE FORM OF AN EXCHANGE OF LETTERS BETWEEN THE EUROPEAN ECONOMIC COMMUNITY AND BARBADOS , THE PEOPLE ' S REPUBLIC OF THE CONGO , FIJI , THE COOPERATIVE REPUBLIC OF GUYANA , JAMAICA , THE REPUBLIC OF KENYA , THE DEMOCRATIC REPUBLIC OF MADAGASCAR , THE REPUBLIC OF MALAWI , MAURITIUS , THE REPUBLIC OF SURINAM , THE KINGDOM OF SWAZILAND , THE UNITED REPUBLIC OF TANZANIA , TRINIDAD AND TOBAGO AND THE REPUBLIC OF UGANDA , ON THE GUARANTEED PRICES FOR CANE SUGAR FOR 1979/80
LETTER NO 1
BRUSSELS , SIR ,
1 . THE REPRESENTATIVES OF THE ACP STATES REFERRED TO IN PROTOCOL 3 ON ACP SUGAR ANNEXED TO THE ACP-EEC CONVENTION OF LOME , OF THE REPUBLIC OF SURINAM , AND OF THE COMMISSION , ON BEHALF OF THE EUROPEAN ECONOMIC COMMUNITY , HAVE AGREED WITHIN THE FRAMEWORK OF THE NEGOTIATIONS PROVIDED FOR IN ARTICLE 5 ( 4 ) OF THE SAID PROTOCOL , ON THE FOLLOWING :
- FOR THE PERIOD 1 JULY 1979 TO 30 JUNE 1980 THE GUARANTEED PRICES REFERRED TO IN ARTICLE 5 ( 4 ) OF THE PROTOCOL SHALL , FOR THE PURPOSE OF INTERVENTION WITHIN THE TERMS OF ARTICLE 6 OF THE PROTOCOL , BE :
( A ) FOR RAW SUGAR , 34.13 ECU PER 100 KILOGRAMS ;
( B ) FOR WHITE SUGAR , 42.30 ECU PER 100 KILOGRAMS .
THESE PRICES , WHICH REPRESENT AN INCREASE OF 1.5 % OVER THOSE OF THE PRECEDING YEAR , SHALL REFER TO SUGAR OF STANDARD QUALITY AS DEFINED IN COMMUNITY LEGISLATION , UNPACKED , CIF EUROPEAN PORTS OF THE COMMUNITY .
2 . IT IS NOTED BY THE PARTIES TO THE AGREEMENT THAT , HAVING REGARD TO MARKET CONDITIONS GENERALLY AND TO OTHER RELEVANT FACTORS AND FOLLOWING DISCUSSIONS WITH THE IMPORTERS , THE ACP STATES CONCERNED STRONGLY HOPED THAT IT WOULD BE POSSIBLE TO SECURE , IN ADDITION TO THE AGREED GUARANTEED PRICES , A PREMIUM ON COMMUNITY MARKETS DURING THE DELIVERY PERIOD 1979/80 .
3 . ALTHOUGH RETROACTIVITY IS NOT PROVIDED FOR IN RESPECT OF THE 1979/80 PRICES , IT IS AGREED THAT THIS YEAR ' S DECISION DOES NOT PREJUDICE THE POSITION OF THE ACP STATES IN RELATION TO RETROACTIVITY IN ANY FUTURE NEGOTIATION IN ACCORDANCE WITH ARTICLE 4 (