CELEX: 51983PC0296
Language: en
Date: 1983-05-31
Title: PROPOSAL FOR A COUNCIL DECISION adjusting the amounts made available to the European Development Fund for the ACP States and for the overseas countries and territories (Belize and Antigua and Barbuda)#PROPOSAL FOR A COUNCIL DECISION amending Decision 80/1186/EEC on the association of the overseas countries and territories with the European Economic Community (Belize and Antigua and Barbuda)#PROPOSAL FOR A COUNCIL REGULATION (EEC) amending, as regards the lists of ACP States and countries and territories, Regulation (EEC) No 435/80 on the arrangements applicable to agricultural products and certain goods resulting from the processing of agricultural products originating in the African, Caribbean and Pacific States or in the overseas countries and territories (Belize and Antigua and Barbuda)#COUNCIL DECLARATION on stabex, emergency aid and interest rate subsidies for Belize and Antigua and Barbuda#DRAFT DECISION OF THE ACP-EEC COUNCIL OF MINISTERS amending the list of least-developed ACP States and the list of island ACP States (Belize and Antigua and Barbuda) (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (83) 296
Vol. 1983/0118
 ---pagebreak--- Disclaimer
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 ---pagebreak--- COMMISSION OF THE E U R O P E A N COMMUNITIES
                                                                         COM(83)       296     final
                                                                        Brussels,         31   May     1983
                             PROPOSAL          FOR A C O U N C I L D E C I S I O N
 adjusting     the     amounts         made a v a i l a b l e   to   the     European Development              Fund
  for   the ACP S t a t e s       and     for   the   overseas        countries         and     territories
                             (Belize        and    Antigua      and     Barbuda)
                              PROPOSAL         FOR A C O U N C I L D E C I S I O N
  amending    D e c i s i o n 8 0 / 1 1 8 6 / E E C on    the   a s s o c i a t i o n of  the    overseas
     countries     and      territories           with    the   European Economic               Community
                              (Belize        and   Antigua      and     Barbuda)
                       PROPOSAL         FOR A C O U N C I L     REGULATION           (EEC)
  amending,    as     regards         the    lists    of    ACP S t a t e s     and    countries       and   terri­
  tories,   Regulation            ( E E C ) No 4 3 5 / 8 0    on t h e   arrangements           applicable       to
  agricultural        products          and    certain      goods     resulting         from    the     processing
  of  agricultural          products         originating         in   the     African,       Caribbean      and
       Pacific    States         or    in   the    overseas       countries          and   territories
                              (Belize        and    Antigua      and    Barbuda)
                                           COUNCIL     DECLARATION
         on stabex,         emergency         aid   and     interest       rate      subsidies        for
                                Belize        and A n t i g u a  and    Barbuda
             DRAFT       D E C I S I O N OF THE A C P - E E C      C O U N C I L OF M I N I S T E R S
     amending    the      list      of   least-developed            ACP S t a t e s     and   the    list   of
                                             island    ACP S t a t e s
                               (Belize        and A n t i g u a   and    Barbuda)
                  (submitted            to    the   Council      by    the     Commission)
   COM(83)   296      final
 ---pagebreak---                                                                         -   1    -
                                              C O M M I S S I O N C O M M U N I C A T I O N TO T H E C O U N C I L
                                        ON T H E CHANGE OF S T A T U S OF C E R T A I N OCT TO A C P
                                                     (Belize        and A n t i g u a      and   Barbuda)
1.  INTRODUCTION
The    former       OCT o f       B e l i z e and      Antigua       gained        their     independence            o n 21    September
1981    and     1 November            1981      respectively,           as B e l i z e and A n t i g u a          and   Barbuda.
Article       185     of    the     s e c o n d ACP -         CEE C o n v e n t i o n    of  Lome p r o v i d e s      that     former
OCT h a v i n g     gained        their       independence           can accede to             the     Convention         once      the
accession         request         has been approved                 by  the     ACP -       EEC C o u n c i l o f      Ministers        and
they    have      deposited           an    instrument           of  accession with              the    Secretariat          of     the
Council       of    the     E u r o p e a n Communities .These f o r m a l i t i e s              accomplished, Belize
acceded       to    the     Convention           on    5 March       1982     and A n t i g u a     and B a r b u d a on 30          July
1982.
In  the     meantime          the     Council        had a d o p t e d    two      decisions provisionally                    continuing
to  apply       to    B e l i z e and A n t i g u a        and Barbuda t h e             arrangements           provided      for      in
Decision        8 0 / 1 1 8 6 / E E C on t h e       association          of    the      OCT w i t h    the      EEC.    (1)
Now,    however, a l l            the     legal     instruments           forming         the   basis       of    the   two    countries'
relations         with      the     Community          need to       be a d j u s t e d ;    that      is    the    purpose      of   this
Communication.
The a d j u s t m e n t     also      takes      account         of  the    C o u n c i l ' s agreement,            when a m e n d i n g  the
texts     concerned           in    the     light      of     St  Vincent       and the        Grenadines'           and    Vanuatu's
accession         to    the     Convention,            to     amend them a g a i n          once the         Internal       Agreement
as  modified          by    Zimbabwe's           a c c e s s i o n had been            ratified.
2.  A D J U S T M E N T OF THE L E G A L           TEXTS
a)  Article         1   (4)     of    the     Internal          Agreement       on t h e     financing          and     administration
    of    Community           aid     (20    November           1979)   reads        :
    "Where        a   country         or    territory           which   has become           independent            accedes to        the
    Convention,             the     amounts        indicated         in   paragraph          3   (b)    shall       be  reduced       and
    those       indicated           in    paragraph           3  (a)   correspondingly              i n c r e a s e d by   a  decision
    of    the     Council         acting       unanimously           on a p r o p o s a l      from     the     Commission".
(D)  0J    n°    L 361,         31.12.1980,           Pp. 1 -        110
 ---pagebreak---                                                                         -   2   -
          The     Commission t h e r e f o r e          proposes        that     the    Council        adopt      the     appropriate
          decision          (Proposal         No I ) ;    the    amounts       in    question        were     fixed      when     both
          countries          were       still    numbered        among     the     OCT.
   b)    Article         143 o f       Council       Decision       80/1186/EEC          of     16  December         1980     on   the
         association             of    the   OCT w i t h     the    EEC p r o v i d e s   that       :
         "If    a country           or    territory        becomes       independent,            the    Council,         acting
         unanimously            on       a proposal        from    the    Commission,            shall    decide       on any       necessary
         adjustments            to    this    Decision,         in   particular         to     the    amounts        specified        in
        Article         83".
        The     adjustment            to   Article      83 o f     the    Decision,         the    mirror       image      of    the
        transfer          within        the   Internal        Agreement,         will    correspond           to    the     allocation
        indicated           in   paragraph         3   below.
       The     Commission proposes                   that    the     Council       adopt      the   appropriate            decision
        (Proposal          No      II).
  c)   Regulation            ( E E C ) No 4 3 5 / 8 0    on    the    arrangements           applicable          to    agricultural
       products         and      certain       goods     resulting        from      the   processing           of     agricultural
       products         originating            in   the    ACP S t a t e s    or    the   OCT c o v e r s      both     types      of
       status.
      However,          as    the     ACP S t a t e s   are     listed      in   Annex      I   and    the    OCT i n      Annex       II,
      the     annexes         should       be   amended       to   take    account       of     the    change       of   status       of
      the     two    new      ACP S t a t e s     (Proposal        No     III).
d)    There      is    also      a   Council       declaration         on    Stabex      (text      No I V ) .       A   similar
      declaration,             essentially           a book-keeping            operation,          has   been      adopted        on
      each     o c c a s i o n of      an   OCT b e c o m i n g   an ACP       State.
e)   Fianlly        there        is    a draft      Decision        (plus     explanatory           memorandum)           of   the
     ACP-EEC        Council         of    Ministers.        The     joint     body's      approval         is   necessary          to
     add    the     two     new A C P S t a t e s      as   appropriate           to  the      lists     of    island      ACP S t a t e s
     and     least-developed               ACP S t a t e s     (the    Community        had      included       them     in    the
     corresponding              lists      as   OCT)    (text      No   V).
 ---pagebreak---                                                           -  3   -
3.   TRANSFER        OF   RESOURCES
The C o m m i s s i o n ' s p r o p o s a l  takes    account      of   :
   i.   the     amount     allocated         to  the   OCT i n     the    Internal      Agreement;
 ii.    the     amounts     set     out     in  Decision 80/1186/EEC            on t h e    OCT;
iii.    the     United     Kingdom's         apportionment         among     its    OCT, i n     consultation      and
       by    agreement        with      the    Commission.
The t o t a l    sum t o    be    transferred         is   equivalent       to  8.2    m ECU, broken         down  as
follows       :
a) N a t i o n a l   indicative         programmes
     Belize       :  5.5   m ECU i n        the  form of     special       loans;
     Antigua        and   Barbuda       :   2.7  m ECU -     1.7    m ECU i n    the      form of      grants
                                                             1.0    m ECU i n    the      form of      special   loans.
b) O v e r a l l    allocations
     Given      the   small     sums c o n c e r n e d a n d t h e    problems      involved        in   "earmarking"
     a portion        of   the    funds      in  question      for    two   countries,        it    is  proposed   that
     the   overall        sums a l l o c a t e d   to  the   OCT f o r     regional       cooperation,        interest
     rate    subsidies,         if    any,     risk   capital,      Stabex and       emergency         aid  remain
    unmodi f i e d .
Should     either       of  the     new ACP S t a t e s     avail     themselves       of   one of      these   types
of   finance,        the   necessary         resources      would     continue      to    be t a k e n  from   the
amounts      set     aside    for     the    purpose     in  the    OCT D e c i s i o n .
 ---pagebreak---                                             - 4 -
c) Breakdown
   To   sum u p ,    the following transfer operations are  involved (in mio  ECU) :
         ALLOCATION                GRANTS          SPECIAL  LOANS            TOTAL
      Belize                                             5.5                  5.5
      A n t i g u a and
         Barbuda                     1.7                 1.0                  2.7
                                     1.7                 6.5                  8.2
 ---pagebreak---                                                      PROPOSAL           No.       I
                                       PROPOSAL       FOR A C O U N C I L D E C I S I O N
                            adjusting        the   amounts         made a v a i l a b l e         to   the
                        European       Development          Fund t o r         the     ACP S l a t e s    and
                            for    the     overseas      countries             and       territories
                                     (Belize     and     Antigua           and      Barbuda)
THE    COUNCIL          OF T H E E U R O P E A N C O M M U N I T I E S ,
 Having      regard        to   the    Treaty    establishing                the      European Economic                Community,
 Having      regard        to   the    Internal      Agreement             8 0 / 1 1 5 5 / E E C of   1979 on         the     financing      and
 administration              of  Community        aid         ,   hereinafter               referred      to   as     the     "Internal      Aqree-
 ment",      as    amended by           Council     Decision          81/558/EEC                  and   Internal            Agreement
                    fi^                                                          (1.1
 82/608/EEC              ,   and    in   particular         Article          1          thereof.
Having     regard        to    the   proposal       from      the     Commission,
Whereas       Belize        and    Antigua,      which        were       formerly          associated        with        the   Community       under
Council        Decision 80/1186/E6C                      ,    have      gained         independence          under         the  names    of
Belize      and      Antigua       and Barbuda         r e s o e c t i vpl. y and          have    acceded to            the   second
ACP -      EEC C o n v e n t i o n     of   Lome;
 Hiereas       it     was   stated       by  the   Cotnu.il,          in     connection           with   the      adoption         of
Decision         81/558/EEC,           that    should       the     I n t e r n a l . Agreement         of   16 O e c e m b e r     1980
                                                         o n
amending         the     Internal        Ag^ertient             the     financing            and a d m i n i s t r a t i o n   of   Community
aid   of    20 November            1979     come    into      force,         the      Council, acting             on a       proposal
 from    the     Commission           *\Yl     take    a decision              based on         Article      1    (4)      of  the    said
 1979    Internal          Agreement        and    wil-l      again        amend a s         from    the   date       of     entry    into
 force    of     the     Internal        Agreement       of     16 D e c e m b e r       1980 t h e     amounts          provided      for
 in t h e   f i r s t and     second       line?   of    Article           1   (3)     (a)     of   the  1979       Internal        Agreement,
 increasing           each    of   the     said  amounts         by      10 m i l l i o n     ECU;
Whereas        the      amounts      provided      for       in   Article           1  (3)     (a)   and    (b)     of     the    Internal
Agreement          were     set    at    a time    when t h e         two      countries          in  question           were     still
numbered         among      the    associated overseas                  countries            ard    territories,'            whereas,
 therefore,           in   accordance        with    Art t r i e      1    (4)      of   the    Internal       Agreement           the
 amounts         provided        for     the   overseas         countries             and     territories
 in A r t i c l e     1  (3)    (b)    of   that   Agreement            should         be    reduced     and t h o s e        provided      for.
                                                                                                                                              • / •
 the   ACP S t a t e s       in  Article       1  (3)     (a)     correspondingly                 increased,
 (1)  OJ    nO L 3 4 7 , 2 2 . 1 2 . 1 9 8 0 ,     p . 210
 (2)  OJ    No L 2 0 3 , 2 3 . 7 . 1 9 8 1 ,       p . 47
 (3)  OJ    No L 2 4 7 , 2 3 . 8 . 1 9 8 2 ,       p . 26
 (4)  OJ    No. L 361, 31.12.1980,                   p. 1
 ---pagebreak---                                                                  -    6    -
 HAS D E C I D E D A S FOLLOWS            :
                                                            Article         1
 Article       1   (3)    of     the Internal        Agreement          is    hereby      r e p l a c e d by   the   following:
 "3    The amount          stated    in     paragraph       2 shall         be a l l o c a t e d as       follows   :
      a)   4 645.2 m i l l i o n       ECU f o r     the    ACP S t a t e s , c o m p r i s i n g       :
           2 997.7 m i l l i o n       ECU i n     the    form     of     grints,
               524.5      million      ECU i n     the    form     of    special        loans,
               284        million      ECU i n     the    form     of    risk     capital,
              557         million      ECU i n     the    form     of    transfers         pursuant         to  Title     II,
                                               Chapter     1 of     the      Convention,
              282        million      ECU i n      the    form    of     the    special financing               facility      pursuant
                                              to   Title     III,     Chapter 1 of             the     Convention;
     ':•) •V>-.,'3 m i l l i o n   ECU f o r    the   countries         and t e r r i t o r i e s ,      comprising     :
           " \ ?    nil lion       ECU i n    the   form     of    grants,
          i:0.5    million         ECU i n    the   form     of   special         loans,
            7      million         ECU i n    the   form     of   risk       capital,
          (for     the      record)     in    the   form    of    the     special financing                 facility   pursuant
                                       to     the   provisions          of    the   Decision relating              to  mining
                                       products;
    c)     9 million           ECU i n   ihe     form   of    transfers            for    the      countries     and   territories,
                                       pursuant        to   those      provisions           of    the      Decision    which
                                       concern       the    system for          stabilizing             export   earnings.       "
                                                          Article         2
This     Decision shall            apply     from    1  July     1983.
                                                                                  Done      at
                                                                                 For     the     Council
                                                                                   The     President
 ---pagebreak---                                                                   ? -
                                                 P R O P O S A L No         II
                                   PROPOSAL      FOR A C O U N C I L D E C I S I O N
                     amending      Decision      8 0 / 1 ' 1 8 6 / E E C on     the?  association
                   of   the    overseas     countries            and     territories       with      the
                                     European      Economic             Community
                                  (Belize    and     Antigua           and     Barbuda)
  THE C O U N C I L OF THE E U R O P E A N C O M M U N I T I E S ,
  Having    regard     to    the   Treaty    establishing               the    European     Economic          Community,
  Having    regard     to    Council     Decision        8 0 / 1 1 8 6 / E E C of    16 D e c e m b e r    1980  on  the
  association       of   the    overseas     countries             and    territories       with     the      European
  Economic      Community       (1),   as  amended          by     Decision        81/559/EEC            ,  and   in
  Particular       Article      143    thereof,
 Having    regard      to   the   proposal      from        the     Commission,
 Whereas     the    amounts      provided     for      in    Articles          83 and    117   of     Decision
 80/1186/EEC        should     be    modified.
 Whereas     the    second     ACP -    EFC C o n v e n t i o n      of    Lome h a s   applied         to   Belize   since
 5 March     1982    and    to   Antigua    and    Barbuda            since     30   July   1982,
 HAS D E C I D E D AS FOLLOWS        :
(1)  OJ No L 3 6 1 ,      31.12.1980,        p.   1
(2)  OJ nO L 2 0 3 ,      23.    7.1981,    p.    49
 ---pagebreak---                                                                      -    8   -
                                                                ARTICLE        1
Decision          80/1186/EEC          is   hereby         amended         as     follows:
1.   Article         83     is   replaced       by    the       following:
"   Article         83
    For    the     period      of  application             of     this     D e c i s i o n , the      overall    amount        of   the
    Community's            financial       assistance shall                  be 9 0 . 8       million       ECU.
   This       amount       shall   comprise         :
   1.    75.8      million      ECU f r o m     the     European Development                      Fund,     hereinafter           referred
        to     as    "the    Fund",     allocated           as     follows         :
         (a)     66.8     million     ECU f o r       the     purposes           set    out     in   Articles      79 and       80,
                 consisting        of    :
            -    39.3     million     ECU i n      the      form      of     grants,
            -    20.5     million     ECU i n      the      form      of    spacial         loans,
                      7 million       ECU i n      the      form      of    risk       capital,
            -    (for     the   record)       in  the       form     of     the      special       financing      facility         set   up
                                              under      the      provisions            relating        to   mineral        products;
        (b)     for     the   purposes        set   out       in    Title       II,    up    to    nine    million        ECU i n    the
                form     of   transfers        for     the      stabilization              of    export      earnings.
  2.   For      the    purposes       set    out    in      Articles         79 a n d      80,     up   to   15 m i l l i o n  ECU i n    the
       form       of    loans    from    the     Bank,       made      from       its    own     resources      in    accordance         with
       the      terms      and   conditions         provided           for     in     its   Statute.        These      loans      shall
       carry       a 3 % interest            rate      subsidy,          the     cost      of   which      shall   be      charged
      against          the    amounts      of   aid     provided           for     in    1    (a).
  3.  The amounts            provided       for     in    the      form      of    grants       and    special     loans,         i.e.
      59.8       million       ECU, less        the     allocations              for     regional        cooperation          projects
      and      emergency        aid,    as p r o v i d e d       for    in    Article         114     (2)   and A r t i c l e   117
      respectively             and  the     amount        ,    if   any,      earmarked           for    interest       subsidies
      for      the    loans     from    the    Bank,        shall       be    allocated          as    follows     :
 ---pagebreak---                                            -  9   -
      -  French  overseas   territories      18 m i l l i o n  ECU,
      - Netherlands    Antilles              20 m i l l i o n  ECU,
      - United   Kingdom  overseas   countries
        and  territories                      5.3   million         ECU.   "
                                             are
2m   The words "Belize" and "Antigua"                     deleted from Annex I.
                                        ARTICLE     2
This decision   shall apply   from 1 July  1983.
                                                          Done      at
                                                          For - t h e  Counci I,
                                                           The     President
 ---pagebreak---                                                                                 -   10    -
                                                                        PROPOSAL No               III
                                                                          PROPOSAL           FOR
                                                        COUNCIL REGULATION                    (EEC)
                amending,          as     regards        the     Lists       of    ACP S t a t e s        and    countries       and     territories,
                Regulation          ( E E C ) No 4 3 5 / 8 0       on     the     arrangements              applicable        to     agricultural
               products         and     certain         goods       resulting         from       the      processing        of       agricultural
                     products         originating             in   the     African,          C a r i b b e a n and       Pacific       States
                                          or    in    the     overseas         countries           and        territories
                                                      (Belize        and     Antigua         and      Barbuda)
  THE   C O U N C I L OF THE E U R O P E A N          COMMUNTIES,
  Having     regard       to    the    Treaty         establishing            the    European             Economic       Community,
  Having     regard       to    Council        Regulation            ( E E C ) No 4 3 5 / 8 0        of    18    February       1980    on
  the   arrangements            applicable           to    agricultural             products          and      certain      goods      resulting
  from   the    processing           of    agricultural             products         originating               in   the    African,
  Caribbean        and   Pacific         States        or    in   the      overseas         countries           and   territories          O * ,
                                                                                       (0)
 as   last    amended        by   Regulation(EEC)                No 3 0 1 9 / 8 1             ,   and      in   particular        Article      1 (3)
 thereof,
  Having regard          to    the    proposal          from     the      Commission,
  Whereas      Article        1(3)     of    Regulation            ( E E C ) No 4 3 5 . 8 0       provides          that    the    lists    o f ACP
States     and      countries        and     territories             in    Annexes        I    and     II    thereto       should     be   amended t:
 take   account        of    any    change        in    the     status       of    a   country          or     territory;
Whereas      Belize        and    Antigua         and B a r b u d a ,       which     are       on   the      list    of    countries
 and   territories           in   Annex      II    to     the    said       Regulation,            have       gained     their     independence;
 whereas      they     acceded to           the     second ACP -              EEC C o n v e n t i o n       of    Lome on      5 March      1982
 and   30   July      1982     respectively,              thereby         becoming          ACP S t a t e s ,      the    list    of   which
 is   contained        in    Annex      I   to    the     said     Regulation;             whereas          Annexes      I   and   II    should
therefore        be    amended,
HAS A D O P T E D T H I S     REGULATION            :
(1)   OJ nO L         55,     28.     2.1980,        p.    4
(2)   OJ n °    L 302,        23.10.1981,            p.    4
 ---pagebreak---                                                           -   11  -
                                                       ARTICLE   1
Regulation       ( E E C ) No 4 3 5 / 8 0 is   hereby      amended       as   follows:
1.  Ttfe W o r d   "Belize"     is    deleted     from     Annex    II     and  added     to    Annex    I.
2.  The   word     "Antigua"      is    deleted      from    Annex     II   and   the   words       "Antigua  and
    Barbuda"       are    added   to    Annex     I.
                                                        ARTICLE     2
This   Regulation         shall  enter     into      force    on the      third    day    following      its  publica­
tion   in  the     Official     Journal      of   the    European         Communities.
This   Regulation         shall  be b i n d i n g    in  its   entirety        and d i r e c t l y   applicable   in
all  Member      States.
                                                                                   Done     at
                                                                                   For   the       CounciI
                                                                                    The    President
 ---pagebreak---                                                        -   12    -
                                               T E X T No      IV
                                        COUNCIL      DECLARATION
                         ON S T A B E X ,  EMERGENCY A I D         AND   INTEREST
                                           RATE    SUBSIDIES
                           FOR B E L I Z E   AND A N T I G U A AND B A R B U D A
With  regard   to   Stabex,    emergency        aid,      interest      rate   subsidies        and   risk  capital
the  Council   agrees     that,    in     accordance with           Article    1 (5)     of    the   Internal
Agreement   on  the   financing        and    administration          of   Community       aid,    the   above-
mentioned   ACP S t a t e s  shall     continue       to    be   eligible    for  the      funds    provided     for
in  Article  1   (3)  (b)    and   (c)     of  the    said      Internal    Agreement,         but  subject   to   the
management   rules    laid    down     in   the   s e c o n d ACP -    EEC C o n v e n t i o n  of  Lome.
 ---pagebreak---                                       -  13 -
                                  TEXT No V
                DECISION OF THE ACP - EEC COUNCIL OF MINISTERS
                amending the List of least-developed ACP States
                       and the List of island ACP States
                        (Belize and Antigua and Barbuda)
 THE ACP - EEC COUNCIL OF MINISTERS,
 Having regard to the second ACP - EEC Convention signed at Lome on 31 October
 1979, hereinafter referred to as the Convention, and in particular Article
 155 (4) thereof,
 Whereas Belize and Antigua and Barbuda acceded to the Convention on 5 March
 1982 and 30 July 1982 respectively;
 Whereas both these States corne within the category of least-developed ACP
 States, and Antigua and Barbuda comes within the category of island ACP States,
 HAS DECIDED AS FOLLOWS :
                                 Article 1
Belize and Antigua and Barbuda shall, be added to the l i s t of ACP States in
Article 155 (3) (a) of the Convention.
                                 Article 2
Antigua and Barbuda shall be added to the l i s t of ACP States in Article
155 (3) (c) of the Convention.
                                 Article 3
The ACP States, the Member States and the Community shall be bound, each to
the extent to which it is concerned, to take the measures necessary to
implement this Decision.
                                 Article: 4
This Decision shall apply from 1 July 1983.
                                                      Done at
                                                      For the ACP-EEC Council
                                                          of Ministers,
                                                          The President.
 ---pagebreak---                                                                       -    14   -
                                                        FINANCIAL         MEMORANDUM
    P A R T ONE :       OPERATING       APPROPRIATIONS
    (both      old    and  new     operations)
    1.   NUMBER OF R E L E V A N T B U D G E T H E A D I N G
         a)    Revenue     :   Title      I
         b)     Expenditure        :    nil
   2.    TITLE     OF BUDGET H E A D I N G
        a)    Own     resources
        b)     ...
   3.   LEGAL      BASIS
        a)   Legal     bases     cited      in    accompanying           texts
  4.    DESCRIPTION,         OBJECTIVE(S)            AND J U S T I F I C A T I O N OF O P E R A T I O N
       a)    Revenue
             The a c c e s s i o n o f   B e l i z e and    Antigua        and Barbuda         to   the    Convention
             constitutes        a simple         change     from    OCT t o       ACP    status.
            It   therefore        implies        no   alteration         in   the   level      of   levies,    duties       or
            charges      imposed       on   the     admission      of     products        exported      by  those    States
            to   the    territory       of    the EEC.
      b)    Expenditure
           The a c c e s s i o n o f    the     two    States   to      the    Convention         has   no  incidence        on
           Community         expenditure.
5.    APPROPRIATIONS           (in   ECU)
     a)    Mult iannual         timetable
          Measure       applicable         for     the   lifetime        of   Ihe   s e c o n d ACP -     CEE C o n v e n t i o n
          of    Lome.
    b)    Rate     of   utilization         in    the   forthcoming           financial        year
          Not    applicable.
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 6. F I N A N C I A L C O N T R O L   ARRANGEMENTS
     The a r r a n g e m e n t s w i l l     be those provided                 f o r i n t h e s e c o n d ACP - EEC
     Convention           o f Lome a n d t h e F i n a n c i a l           Regulation      applicable to the
     fifth       EOF.
 PART TWO        : ADDITIONAL INFORMATION                    R E L A T I N G TO A NEW       OPERATION
7. T O T A L C O S T OF O P E R A T I O N THROUGHOUT T H E P E R I O D                  ENVISAGED
    Ni I.
8. S T A F F    AND A D M I N I S T R A T I V E A P P R O P R I A T I O N S N E E D E D FOR   OPERATION
    The o p e r a t i o n    will    be implemented               by e x i s t i n g   Commission       staff.
9. F I N A N C I N G T H E O P E R A T I O N
   The o p e r a t i o n    will     o n l y a f f e c t t h e a p p o r t i o n m e n t o f t h e sums      provided
   u n d e r t h e Lome C o n v e n t i o n      f o r t h e OCT o n t h e o n e h a n d a n d t h e ACP          State
   on t h e o t h e r , f o r w h i c h t h e Member S t a t e s a r e r e s p o n s i b l e , a n d w i l l
   t h e r e f o r e have no e f f e c t on t h e Community b u d g e t .