CELEX: 21977A0706(02)
Language: en
Date: 1977-07-05 00:00:00
Title: Agreement in the form of an Exchange of Letters between the European Economic Community and the Republic of India on the guaranteed prices for cane sugar for 1977/78

6 . 7 . 77                       Official Journal of the European Communities                        No L 168 /45
                                                    AGREEMENT
           in the form of an exchange of letters between the European Economic Commu­
           nity and the Republic of India on the guaranteed prices for cane sugar for
                                                        1977 / 78
                                                      Letter No 1
                                                                                        Brussels
           Sir,
           1 . In the negotiations referred to in Article 5 (4) of the Agreement between the European
                Economic Community and the Republic of India on cane sugar the Commission, on
                behalf of the Community, and the Republic of India acknowledged the joint obliga­
                tions and responsibilities deriving from the Agreement and reaffirmed their determina­
                tion fully to implement the provisions of the Agreement.
                Following the conclusion of the said negotiations the two parties have agreed as
                follows :
                For the period 1 May 1977 to 30 June 1978 the guaranteed prices referred to in Article
                5 (4) of the Agreement shall be :
               (a) for raw sugar, 27-25 units of account per 100 kilograms ;
               (b) for white sugar, 33-83 units of account per 100 kilograms.
               These prices shall refer to sugar of standard quality as defined in Community rules,
                unpacked, and cif European ports of the Community.
           2. Having regard to the change in the definition of the Community's intervention prices
                and other relevant factors, the Community expects that the guaranteed price for raw
                sugar originating in India and the adoption of the special self-balancing storage levy
                system for preferential sugar will enable India to secure on the Community market
                during the 1977/78 delivery period a price of not less that 28-20 units of account per
                100 kilograms .
           3 . In respect of white sugar originating in India the Community expects that the
               guaranteed price will result in a market price of 35-60 units of account per 100 kilo­
               grams .
           I take the opportunity to inform you that the Community has just adopted amending
           legislation in order that a special self-balancing storage levy system shall apply to
           imported preferential sugar with effect from 1 July 1977.
           I should be obliged if yoii would acknowledge receipt of this letter and confirm that this
           letter and your reply constitute an Agreement between your Government and the Commu­
           nity.
           Please accept, Sir, the assurance of my highest consideration .
                                                                          For the Council
                                                                   of the European Communities
 ---pagebreak--- No L 168 /46                        Official Journal of the European Communities                          6 . 7 . 77
                                                       Letter No 2
                                                                                            Brussels,
           Sir,
           I have the honour to acknowledge receipt of your letter of today which reads as follows :
                ' 1 . In the negotiations referred to in Article 5 (4) of the Agreement between the Euro­
                      pean Economic Community and the Republic of India on cane sugar the Commis­
                      sion , on behalf of the Community, and the Republic of India acknowledged the
                      joint obligations and responsibilities deriving from the Agreement and reaffirmed
                      their determination fully to implement the provisions of the Agreement.
                      Following the conclusion of the said negotiations the two parties have agreed as
                      follows :
                      For the period 1 May 1977 to 30 June 1978 the guaranteed prices referred to in
                      Article 5 (4) of the Agreement shall be :
                      (a) for raw sugar, 27-25 units of account per 100 kilograms ;
                      (b) for white sugar, 33-83 units of accouot per 100 kilograms.
                      These prices shall refer to sugar of standard quality as defined in Community
                      rules, unpacked, and cif European ports of the Community.
                  2. Having regard to the change in the definition of the Community's intervention
                      prices and other relevant factors, the Community expects that the guaranteed price
                      for raw sugar originating in India, and the adoption of the special self-balancing
                      storage levy system for preferential sugar will enable India to secure on the
                      Community market during the 1977/78 delivery period a price of not less that
                      28-20 units of account per 100 kilograms .
                  3 . In respect of white sugar originating in India the Community expects that the
                      guaranteed price will result in a market price of 35-60 units of account per 100
                      kilograms .
                 I take the opportunity to inform you that the Community has just adopted amending
                 legislation in order that a special self-balancing storage levy system shall apply to
                 imported preferential sugar with effect from 1 July 1977.
                 I should be obliged if you would acknowledge receipt of this letter and confirm that
                 this letter and your reply constitute an Agreement between your Government and the
                 Community .'
            I have the honour to confirm the agreement of my Government with the foregoing.
            Please accept, Sir, the assurance of my highest consideration .
                                                                            For the Government
                                                                         of the Republic of India