CELEX: 51983PC0747
Language: en
Date: 1983-12-13
Title: Proposal for a COUNCIL DECISION extending the Decision of 28 April 1981 on the application of the OECD Understanding on export credits for ships (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (83) 747
Vol. 1983/0264
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 ---pagebreak---                                                                   C0M(83) 747 final
      COMMISSION                                                  Brussels, 13 December 1983
        O F THE
EUROPEAN COMMUNITIES                                              FOR OFFICIAL USE ONLY
    General Secretariat
                                           Proposal for a
                                         COUNCIL DECISION
             extending the Decision of 28 April 1981 on the application of
                        the OECD Understanding on export credits for ships
                           (submitted to the Council by the Commission)
   C0M(83) 747 final
 ---pagebreak---               EXPLANATORY MEMORANDUM
At its meeting of 28 April 1981 the Council decided to conclude
on behalf of the Community the OECD Understanding on export credits
for ships as it resulted from the negotiations held under the
auspices of the OECD and completed on 18 March 1981 . At the same
meeting the Council also adopted measures relating to the application
of the Understanding by the Community.
The decision of 28 April 1981 applied until 31 July 1981. Since
then it has been extended on several occasions, on each occasion for a
period of six months, the last time until 31 January 1984.
The OECd Understanding on export credits for ships is an instrument
of international discipline in the field of export credits. It is
in the Community's interest that it should continue to be applied
after 31 January 1984.
The commitment of the Community to the Understanding is not limited
■in time. The possibility for a Participant to withdraw from the
 Understanding at any moment is envisaged by the Understanding itself.
 The decision of the Council of 28 April 1981 stipulates procedures
 to be respected at Community level both in the case where a third
 country informs its partners of its intention to withdraw from the
 Understanding and in the case where the Commission or a Member State
 of the Community considers that the interest of the Community
 justifies recourse to the clause on withdrawal from the Understanding.
 The Commission therefore invites the Council to adopt the draft
 decision submitted herewith, extending the application of the
 Understanding for an unlimited time period.
 ---pagebreak---                            PROPOSAL FOR A
                       COUNCIL DECISION
        extending the Decision of 28 April 1981 on the
        application of the OECD Understanding on export
                      credits for ships
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 28 April 1981 on the application
of the OECD Understanding on export credits for ships ceases to
be applicable on 31 January 1984;
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,
Whereas it appears expedient to extend the application of the
Understanding for an unlimited time period.
HAS ADOPTED THIS DECISION : '
                       Article 1
The Decision of 28 April 1981 on the application of the OECD
Understanding on export credits for ships is hereby extended
for an unlimited time period.
                       Article 2
This Decision is addressed to the Member States.
                               Done at Brussels,       1984
                                    For the Council
                                    The President