CELEX: 51974PC1874
Language: en
Date: 1974-11-15
Title: Proposal for a REGULATION (EEC) OF THE COUNCIL amending Regulation No 359/67/EEC on the common organisation of the market in rice (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (74) 1874
Vol. 1974/0296
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                                  COM(74)1874 final
                                                  Brussels . 15 November 1974
                                  Proposal for a
                          REGULATION ( EEC') OP THE COUNCIL
                 amending Regulation No 359/67/EEC on the common
                        organisation of the market in rice
                  ( submitted to the Council by the Commission)
  COM(74) 1S74 final
 ---pagebreak---                          EXPLANATORY MEMORANDUM
Paragraph 4 of Article 17 of Regulation 359/^7/ESG provides that when an
export refund is fixed in advance a corrective amount shall be applied .
However , experience has shown that the systematic application of correc­
tives does not always meet the needs of the export market . It is proposed
that in this case a different approach should be taken .
It is at present the case that the measures provided for in Article 21 of
Regulation 359/67 and defined by Council Regulation (EEC ) No 2737/73
( OJ No L 282 , p. 13 ) should only be triggered if the cif price exceeds
the threshold by at least 2 per cent . This arrangement has been shown ,
in the framework of Community exports , to be insufficient to cope with
a situation of high prices on the world market . In fact , a risk of dis­
turbance could exist as soon as the world market price approaches the
threshold price . In addition , in the context of exports , the cif price
established for Community ports is only one of the criteria which can
serve in assessing the situation on the world market . Other prices or market
questions should equally be taken into account . In this circumstance , it
is proposed to adapt Article 21 to the requirements of a better management
of the market .
 ---pagebreak---                                   PROPOSAL POR A
                         RKRJIATiafí (EEC) OP T33 COUITCIL
                    amending Regulation Ho 359/ 67/EEC on "the common
                      organist ion of the market in rice
TEE COUNCIL OP THE EUROPEMT COISOIITIES ,
                    τ
Having regard to the Treaty establishing the European Economic Community ,
and in particular Article 43 thereof ;
Having regard to the proposal from the Commission ;
Eaving regard to the Opinion''' of the European Parliament ;
Whereas Article 17(4) of Council Regulation Eo 359/c7/EEC^of 25 July 19^7 on the
common organization of the market in rice , as last amended by Regolation (EEC)
ITo 1129/74^1 provides that a corrective amount is to "be applied to export refunds
on rice which are fixed in advance J whereas experience has shown that conditions on
the export market do not always require the systematic application of corrective
amounts ; whereas provision should therefore be made to allow different decisions
to be taken in such cases ;
Whereas the object of Article 21 of Regulation Bo 359/67/EEC is to prevent dis­
turbance of the CoEEzmity market and to ensure its stability in the event of 'major
price increases on the world market ; whereas there is no provision for appropriate
measures to be taken until the level of the cif price lias risen above that of the
threshold price ; whereas the threat of disturbance of the internal Community market
may in fact already exist when quotations    or prices on the world market have reach;
a level olose to that of the threshold price ; whereas provision should therefore be
made for appropriate measures to be taken when quotations     or prices on the world
market have reached such a level ;
   OJ 5o
20J So 174, 31.7.1967, p.l
30J Eo L 123. 10.5.1974, p.20
 ---pagebreak--- LLS iU/jPIEB 'i'HIG iEGfULATION :
                                      Article 1 .
The text of Article 17(4) of Regulation Ho 359/ 67/ESC is replaced "by the
following :                    ■
" 4 . However , as regards th'o exportation of "products specified in Article
       l(l)(a ) and ( b), the refund applicable on the day on which the appli­
       cation for a licence is lodged , adjusted for the threshold price
       which v;ill bo in force during the month of exportation , shall , if the
       applicant submits a request to that effect "before 13*00 hours on "the day on whi.oh
       he applies for the lioonco # "be applied to en export operation to be earried out o
       any time    ' during the period of validity of the licence . In such case ,
       a corrective amount , which may be'1 fixed at the same time as the refund
       and under the same procedure , shall be applied to the refund ; however , in cases
       .of urgent need, the Commission may , at the request of a Kembor Staie
       or on its oim initiative ,, take a different decision in the intervening ■,  ..
       period .
       The provisions of the preceding subparagraph may be applied in whole or
       in part to any of the products specified'in Article l(l)(c ) and in
       Annex B. "
                                      Article 2
The text of Article 21 of Regulation Ho 359/67/SEC is . replaced by the following :
" 1 . Where the quotations or prices on the world / market for one or more of the
 ,     products specified in Article l(l)(a) and ( b ) becvo reached a level oloso to tha-£
       of the threshold price , and that situation . is likely to continue and to
       deteriorate , thereby disturbing or threatening to- disturb the Community
     . market ,- appropriate measures may be taken . •         ;
   2 . The Council , acting in accordance with the voting procedure laid down in
       Article 43(2 ) of the Treaty on a     proposal from the Commission , shall
       adopt general rules for the application of this Article .
   3 . Detailed rules for the application of this Article shall be adopted in
       accordance with the procedure laid down in Article 26.."
 ---pagebreak--- This Regulation shall enter into force on the third day following its publica­
tion in the Official Journal of the European Commimities «
This Regulation shall be binding in its entirety and directly applicable in all
Member States .
Done at Brussels ,                               For the Council
                                                   The President