CELEX: 31993R2419
Language: en
Date: 1993-09-01 00:00:00
Title: Commission Regulation (EEC) No 2419/93 of 31 August 1993 fixing the aid for cotton

1 . 9 . 93                                 Official Journal of the European Communities                            No L 222/35
                                       COMMISSION REGULATION (EEC) No 2419/93
                                                           of 31 August 1993
                                                       fixing the aid for cotton
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                           account the estimated yield of the Community harvest in
                                                                      cotton seed and in ginned cotton and also the net cost of
                                                                      ginning ;
Having regard to the Treaty establishing the European
Economic Community,
                                                                      Whereas the world market price for ginned cotton and
                                                                      cotton seed is determined in accordance with Article 4 of
Having regard to the Act of Accession of Greece, and in               Regulation (EEC) No 2169/81 ;
particular paragraphs 3 and 10 of Protocol 4 on cotton
annexed thereto, as amended by Protocol 14 annexed to
the Act of Accession of Spain and Portugal, and Commis­
sion Regulation (EEC) No 4006/87 ('),                                 Whereas, if the world market price for unginned cotton
                                                                      cannot be determined as described above, this price shall
                                                                      be established on the basis of the most recent price deter­
                                                                      mined ;
 Having regard to Council Regulation (EEC) No 2169/81
of 27 July 1981 laying down the general rules for the
system of aid for cotton (2), as last amended by Regulation
(EEC) No 1554/93 (3), and in particular Article 5 ( 1 )               Whereas the world market price for unginned cotton is
thereof,                                                               equal to the sum of the values for ginned cotton seed
                                                                      defined in Article 1 of Regulation (EEC) No 1201 /89 of
                                                                       3 May 1989 laying down rules implementing the system
                                                                      of aid for cotton (6), as last amended by Regulation (EEC)
Whereas, pursuant to Article 5 of Regulation (EEC)                     No 2046/93 Q, minus the cost of beginning ;
 No 2169/81 , aid must be granted for unginned cotton
harvested in the Community when the world market
price for unginned cotton is below the guide price ;
                                                                      Whereas the above values are established on the basis of
                                                                      the prices determined in accordance with Articles 2 and 3
Whereas the aid is equal to the difference between these              of Regulation (EEC) No 1201 /89 ; whereas the world
 two prices ;                                                          market price is detrmined on the basis of the most favour
                                                                       rable offers and quotations recorded, excluding offers and
                                                                       quotations which cannot be regarded as representative of
                                                                       the real market trend ;
Whereas the guide price for cotton is fixed for the
 1993/94 marketing year by Council Regulation (EEC)
No 1 555/93 (4) ; whereas this price was reduced by Regu­
lation (EEC) No 2044/93 (5) as a consequence of the                   Whereas the necessary adjustments must be made in cases
monetary realignments ;                                               where the offers and quotations recorded do not satisfy
                                                                       the requirements indicated above ;
Whereas the abatement of the subsidy which arises from
the system of maximum guaranteed quantities for the                   Whereas, pursuant to Article 4 (4) of Regulation (EEC)
1993/94 year, has been fixed at ECU 20,293 per 100 kilo­               No 2169/81 , if there are no suitable offers or quotations
grams ;                                                                for determing the world market price for cotton seed, that
                                                                       price shall be established on the basis of the most favou­
                                                                       rable offers and quotations for cotton seed recorded on
                                                                       the Community market or, if those offers and quotations
Whereas the world market price for unginned cotton is                  cannot be established, on the basis of the value of the
determined periodically on the basis of the world prices               products obtained from processing the seed in the
recorded for ginned cotton and cotton seed, talking into               Community, less the processing cost ; whereas this value
                                                                       is determined in accordance with Article 4 of Regulation
(')  OJ   No L 377,  31 . 12. 1987, p. 49 .                            (EEC) No 1201 /89 ;
0    OJ   No L 211 , 31 . 7. 1981 , p. 2.
0    OJ   No L 154,  25.  6. 1993, p. 23.
(4)  OJ   No L 154,  25.  6. 1993, p. 24.                             (6) OJ No L 123, 4. 5. 1989, p. 23.
0    OJ   No L 185,  28.  7. 1993, p. 16.                              (7) OJ No L 185, 28 . 7. 1993, p. 19.
 ---pagebreak--- No L 222/36                            Official Journal of the European Communities                              1 . 9 . 93
Whereas the representative market rates defined in               HAS ADOPTED THIS REGULATION :
Article 1 of Council Regulation (EEC) No 3813/92 (') are
used to convert amounts expressed in third country
currencies and are used as the basis for determining the                                Article 1
agricultural conversion rates of the Member States' curren­
cies ; whereas detailed rules on the application and deter­
mination of these conversions are laid down in Commis­           The aid for unginned cotton provided for in Article 5 of
sion Regulation (EEC) No 1068/93 (2) ;                           Regulation (EEC) No 2169/81 shall be :
Whereas the aid must be fixed once a month, and in such          — ECU 63,648 per 100 kilograms.
a way that it can be applied for the first day of the month
following the date of fixing ; whereas it may be altered
between fixings ;                                                                       Article 2
Whereas it follows from applying these provisions to the
offers and quotations known to the Commission that the           This Regulation shall enter into force on 1 September
aid for cotton should be as set out in this Regulation,           1993 .
                 This Regulation shall be binding in its entirety and directly applicable in all Member
                 States.
                 Done at Brussels, 31 August 1993.
                                                                          For the Commission
                                                                            Rene STEICHEN
                                                                       Member of the Commission
(') OJ No L 387, 31 . 12. 1992, p. 1 .
O OJ No L 108, 1 . 5. 1993, p. 106.