CELEX: 51974PC2238
Language: en
Date: 1974-12-18 00:00:00
Title: RECOMMENDATION FOR A COUNCIL DECISION CONCERNING THE COMMUNITY'S POSITION WITHIN THE ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT IN THE MATTER OF A LOCAL COSTS STANDARD (presented by the Commission to the Council)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (74) 2238
Vol. 1974/0379
 ---pagebreak--- Disclaimer
Conformément au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983
concernant l'ouverture au public des archives historiques de la Communauté économique
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983,
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit
règlement.
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
concerning the opening to the public of the historical archives of the European Economic
Community and the European Atomic Energy Community (OJ L 43, 15.2.1983, p. 1), as
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243,
27.9.2003, p. 1), this file is open to the public. Where necessary, classified documents in this
file have been declassified in conformity with Article 5 of the aforementioned regulation.
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom 1.
Februar 1983 über die Freigabe der historischen Archive der Europäischen
Wirtschaftsgemeinschaft und der Europäischen Atomgemeinschaft (ABI. L 43 vom 15.2.1983,
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. September 2003
(ABI. L 243 vom 27.9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5
der genannten Verordnung freigegeben.
 ---pagebreak---  COMMISSION OF THE EUROPEAN COMMUNITIES
                                                                     l
                                         COM(74)2238 final
                                         Brussels, 18 December 197 ^
                       RECOMMENDATION FOR A
                          COUNCIL DECISION
          CONCERNING THE COMMUNITY 'S POSITION WITHIN THE
       ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT
               IN THE MATTER OF A LOCAL COSTS STANDARD
           ( presented by the Commission to the Council )
COMm ) 2238 final
 ---pagebreak---   ΠΧΡΙ,ΛΝΔΤΟΠΥ ΡΤΪΊΟΗΛίίυΐΐΜ
           The aim of -this Recommendation is to secure tho adoption by the
 Council of a number of directives concerning the position the Community
 should adopt vithin O.KCD v;ith regard "to the framing of an agreement for
 a Local Cost standard .
           The reconunendat ion followr     - vine        an those presented by
 the Commission to tho Council re 1'' tin - 1.0        vehor agreements still
 under discussion vritbin 01T.OD concerning export credits for nuclear power
 stations and aeroplrnes , end •: he : - . ;r . n-j, - ircady concluded within
 OKCD concern in,-; credit terns for ;xouric1 sr.telli-U* commimicat ions stations ,
 for tihioh the Commission ha:; rsubmitted a proposal for a Council Decision
brincinj the matter to a conclusion .
          In this sphere , too , it appe.-rs neo9>.;o';r„ Lo -.void c'istorsion of
competition .- ml deterioration of credit term .          Thuc the Commiosion
considers that the Community should define the principles of its commercial .
policy on this subject and participate in the framinj of the agreement
within O^CD .
          7or thir-. purpose the representatives of the ilember "tat os and the
Co; unisfjion have repeatedly conferred *. rithin the Policy Coordination Group
o: Credit Insurance , Guarantees f-nd Finrnoial Credit 0 and have arrived
     '■ joint approach .     The Commission therefore eon riders it appropriate
fo • the Council to lay down certain .^uidelincc for the Community 's position
or. the basis of the conclusions reached in those consultations , and recommends,
th, t it should adopt for this purpose the Decision the draft of which is
annexed hereto .
                                         \
 ---pagebreak---                 RECOMMENDATI Oil FOR A COUNCIL DECISION
              CONCERNING THE COMMUNITY 'S POSITION WITHIN
     THE ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT
              IN THE MATTER OF A LOCAL COST STANDARD
   THE COUNCIL OF THE EUROPEAN CCM-IUITITIES ,
   Having regard to the Treaty establishing the Buroperji Economic           1
   Community , and in particular Article 113 thereof ;                    ,
  Having regard to the Recommendation for the Commission ;
. Whereas it in desirable to issue certain directives on the position to
  fce adopted by the Community within the Organisation for Economio
  Cooperation an     Development with regard to the framing of an agreement
  covering a Lor..- i Costa standard }
  HAS – .D1® AT, pr.
                             Soin Article
        In the course of nrrivin.;; at an agreement within the Organisation
  for Economic Cooperation and Development for a Local dosis standard , ihe
  Commission shall express the Community 's position in accordance v/ith the
  directives annexed .
        It shall act in - consultation with the Special Committee referred to
  in Article 113 of the Treaty which shall assist it in its task *
/                                   Done at Bruasels            * » • »
                                   For the Council
                                    The Président ' 1                       "
 ---pagebreak---                                                                       AHtJKX
         The Commission shall endeavour to achieve , within the Organisation
   for Economic Cooperation and Development , an agreement based on the'
   following principles J
  I.    SCOPE
         All officially supported contracts related to exports on supplier or
  buyer credit terms shall , save ns hereinafter provided , "be subject in
  respect of local ooBts , to the following Standard .
  Il#    THE STANDARD
   i     Not to finance or cover credit for more than 100 per cent of the
 value of the goods and services exported ( exported "goods and services"
  including goods and servicer, supplier?. by third countries ).  This means
 that the amount of local costs .supported on credit terms must not exceed
 "the payments to be received for the goods and services exported by the
 completion of the exporter 's contractual obligations ( the date of completion
being determined according to the accepted standards of the Berne Union for
the determination of starting points for credits ).
        Not to grant rapport ur.der clause 1 above for credits or credit
guarantees for local costs carrying interest rates or maturity terms more
favourable than those supported for the exports of goods and ServiceB to
which such local costs are related .
        " Local cost 3" mean expenditure for the supply of goods and services
fvom the buyer 's country .      These goods md nervices must be necessary
e_ther for performing the exporter 's contract or for completing the projeot
of which the exporter 's contraot forms part .
            «
 ---pagebreak---  III .     ΚΧΟΙΠ3ΙΟΝ ΟΡ ΟΕΚΤΑΐίί ΤΠΛΙΙΠΛΟΤΙΟΝΠ
          The Local Costs Standard shall not apply to :
   ( a) t faneact iona that aro for purely military purposes tinder contracts
          negotiated or in course of negotiation between the defence authorities
          of a participating Government rnd any other Government }
   00 transactions with developing countriod which are eligible for
        ' consideration as Official Development Aosiotaftoe ( ODA) by the
          Development Assistance Committee or v^hich , although financed
          wholly or in p-"t from other fund ,3 than ODA come under a
          participating .•••. an try 1 .v. .iid scheme .
IV *      PRnor? ;TTf ,P -, FROt' ttik
 1»       Any dero.ji).+.ion from the Locr.l Costs Standard shall take place only
in except ion.-,?, a-wec ,
P.        Any such derogation shall "be notified in accordance with the
appropriate pro^dures .
3.       Each notification shall apenify :
  (:■.) the tot ;. 1 amount of local costs ;
  ( b ) the rjmour.t of the payments to be received by tho date of completion .
         of the exporter 's contractual obligations ;
  f ' ) the value of goods and services exported ;
e. > "1 of these particulars being expressed rs a percentage of the total
V.'.j.ue of tho officially supported ror.l.-.".H.