CELEX: 51980PC0693
Language: en
Date: 1980-11-12
Title: Proposal for a COUNCIL DECISION extending the period of applicability of the Decision of 4 April 1978 on the application of certain guidelines in the field of officially supported export credits (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (80) 693
Vol. 1980/0220
 ---pagebreak--- Disclaimer
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                                      COM(80 ) 693 final.
                                                      Brussels - 12 November 1980
                           i
                                 Proposal for a          _ " . .
                                 COUNCIL DECISION                :
extending the period of applicability of the Decision of 4 April 1978
on the application of certain guidelines in the field of officially
                             supported export credits
                 ( submitted to the Council by the Commission )
                                            »   . »
                                                  : π
COM ( 80 ) 693 final .
                                                          i
 ---pagebreak---                                  EXPLANATORY MEMORANDUM                 |
                        Extension of the Decision of 4 April 1978
                        on the application of certain guidelines
                        in the field of officially supported
                                        export credits
  1.        On 4 April 1978 the Council decided to apply certain guidelines
  for officially supported export credits to third countries where the
  repayment term was two years or more .                         The Decision of 4 April
  was valid until 31 October 1978 .                 It was renewed by a decision dated
  16 November 1978, until 31 May 1979,. and subsequently renewed '
  until 30 November 1979 ( Decision of 12 June "J 979 ), 31 May 1980
  ( Decision of 10 December 1979 ) and 30 November 1980 ( Decision of' "
  28 May 1980 ).                                  .          ; ;
                                                !     ' > 1    '        "               v
        . -                   '       \                                                   ,
  2.        The Community is reasonably satisified so far with the operation
  of this instrument of international discipline in the field of
  export credits .           It is therefore in the interests of the Community
  that it should continue to be applied after 30 November .                                   As was
  previously the case , it remains desirable that^the extension should
  again bpi for a limited period only . However , -as negotiations are
  presently going on with a view to a possible revision .of the Consensus
  it is npw suggested that the application of the guidelines be
  prolonged for a restricted period , i.e.i;till 27 February 1981 *
'    '• '           ■ -                     . ■         ; ii -            ;   i: ■■■■■.       -,
              ,   -                           -          ' ! ι   ι ;                        ..
  3.        The ; Commi ssion accordingly proposes that the Council adopt the
  decision of which - a draft is attached .                                 -
                1                    ■                         ;V/                            {
  4.        As before , the guidelines , based on Article 113 of the EEC
  Treaty, will apply only to exports going to non-member countries ;
  off icial ; support g ranted by Member States for credit on in^tra-
  Community sales will continue to be governed by Articles 92 and
  93 and pets based on these provisions , and by the principle ? laid
  down by { he Commissior. within the framework of - 'those previsions .
 ---pagebreak---                           PROPOSAL FOR A
                         COUNCIL DECISION
          extending the period of applicability, of the Decision
          of 4 April 1978 on the application of certain guide­
          lines in the field of officially supported export credits
                                  -   ' ι
       !                                      <   ■       • -
THE COUNCIL OF THE EUROPEAN COMMUNITIES -                       *
                                          1          -        •   \
       i                            .       _ r! • I   "■
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 4 April 1978 on the application of
 certain guidelines in the field of officially supported export
 credits , as last extended by the Decision of 28 May 1980 , ceases to
be applicable on 30 November 1980 ;               '         •      ;
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 of that Decision .
HAS ADOPTED THIS DECISION :
 , .                       Article 1 1 1
        ,                            1        |
The period of applicability of~ the ' Decision of 4 April 1978 on the
application of certain guidelines in the field of officially supported
export credits is hereby extended until 27 February 1981 .
      ■                    Article 2 ■                         '
This Decision is addressed to the Member States .
                                 Done at Brussels ,
                                  ■>   ' ' '• I .   ' . :
                                 For thej Council
                                 The : President