CELEX: 51981PC0022
Language: en
Date: 1981-01-29
Title: PROPOSAL FOR A COUNCIL DECISION extending the Decision of 4 April 1978 on the application of certain guidelines in the field of officially supported export credits (presented by the Commission to the Council)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (81) 22
Vol. 1981/0005
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 ---pagebreak---                                                                   COM ( 81 ) 22 final
      COMMISSION                                                  Brussels , 29th January 1981
        OF THE
EUROPEAN COMMUNITIES                                              FOR OFFICI AL USE ONLY
    General Secretariat
                                  PROPOSAL FOR A COUNCIL DECISION
               extending the Decision of A April 1978 on the application of certain
                   guidelines in the field of officially supported export credits
                           ( presented by the Commission to the Council )
        COM ( 81 ) 22 final
 ---pagebreak---                          EXPLANATORY MEMORANDUM
                  Extension of the Decision of 4 April 1978
                         •ν
                  on the application of certain guidelines
                  in the field of officially supported
                              export credits
1 . On 4 April 1978 the Council decided to apply certain guidelines
      for officially supported export credits to third countries where the
      repayment term was two years or more .   The Decision of 4 April was
      valid until 31 October 1978 .   It was renewed by a decision dated
      16 November 1978 , until 31 May 1979, and subsequently renewed
    • until 30 November 1979 ( Decision of 12 June 1979 ), 31 May 1980
      ( Decision of 10 December 1979 ), 30 November 1980 ( Decision of
      28 May 1980 ) and 28 February 1981 ( Decision of 8 December 1980 ).
2 . The Community is reasonably satisfied so far with the operation
      of this instrument of international discipline in the field -of
      export credits .  It is therefore in the interests of the Community
      that it should continue to be applied after 28 February 1981 .
      However , it is desirable that the extension should again be for a
      limited period only .
3 . The Commission accordingly proposes that the Council adopt the
      decision of which a draft is attached , thus enabling the guidelines
      to continue to be applied until 31- August 1981 .
4 . As before , the guidelines , based on Article 113 of the EEC Treaty ,
      will apply only to exports going to non-member countries ; official
      support granted by Member States for credit on intra-Community
      sales will continue to be governed by Articles 92 and 93 and acts
      based on these provisions , and by the principles laid down by the
      Commission within the framework of those provisions .
 ---pagebreak---                           PROPOSAL  FOR A
                   *■ COUNCIL DECISION
         extending the Decision of 4 April 1978 on the
         application of certain guidelines in the field
         of officially supported export credits
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,
Having regard to the Treaty establishing the European Economic
Community, and in; particular Article 113 thereof ,
Having regard to the proposal from the Commission ,
 ---pagebreak--- Whereas the Council Decision of 4 April 1978 on the application of
certain guidelines in the field of officially, supported export
credits/ as last extended by the Decision of 8 December 1980 , ceases
to be applicable on 28 February 1981 ;
Whereas, in the interests of the Community and in order to strengthen
the principle of international cooperation , it is necessary further
to extend the period of application by the Community of this instrument
of international discipline ,
HAS ADOPTED THIS DECISION :
                     Article 1
The Decision of 4 April 1978 on the application of certain guidelines
in the field of officially supported export credits is hereby
extended until 31 August 1981 .
                     Article 2
This Decision is addressed to the Member States .
                                Done at Brussels ,               1981
                                For the Counci I
                                The President