CELEX: 51982PC0318
Language: en
Date: 1982-06-08
Title: Proposal for a COUNCIL REGULATION (EEC) of amending Regulation (EEC) laying down the general rules for the system of aid for cotton (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (82) 318
Vol. 1982/0114
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                                        COM(82)318 final
                                                        Brussels - 8 June 1982
                                   Proposal for a
                             COUNCIL REGULATION ( EEC )
                                  of
   amending Regulation ( EEC ) laying down the general rules for the
                             system of aid for cotton
                                           A\
                  ( submitted to the Council by the Commission )
                                                           •Λ
                                           I. ·*%*            1 . - .
  COM ( 82 ) 318 final
 ---pagebreak---                                            EXPLANATORY MEMORANDUM
1 . Article 11(2 ) of Council Regulation ( EEC ) No 2169 / 81 of 27 July 1981 laying down
    the general rules for the system of aid for cotton provides that any transitional
    measures needed to facilitate the transition from the previous system to tne new
    system shall apply until the end of the 1981 / 82 marketing year at the latest *
2 , In application of this Article, provision was made for a derogation during that
    marketing year from Article 4 of the Regulation which provides that the world
    market prices for cotton seed, an important factor in calculating the amount of
    aid for Community producers ( mainly Greek ), shall be determined in the light of
    offers on the world market and the prices quoted on the major international markets .
    Such a provision, however , has little sense               unless this world price is represen­
    tative of the price at which the Community product is sold * The Act of Accession of
    Greece to the Community provides that Greece may maintain until 31 December 1983 its
    -- ten o * import controls onoilseeds ( including cotton seed ) and vegetable oils which
    ; t applied before accession - In these circumstances prices in Greece for cotton
    -.^ od during this period may well still reach a level independent of the world market
    price and in any case above it * In order to ensure that the aid is fixed correctly ,
    it has therefore been decided to fix the aid in the light of the offers and prices
    quoted at the principal Greek centres * This provision must continue to be applied
    at least until the end of 1983, when                the Greek market will be fully open to imports
    of cotton seed and cotton seed oil * The period during which a derogation from
    <•' r t ■ ■: I (? 4 ( 1 ) and ( 4 ) is necessary should therefore be extended by two more marke­
    ting years *
 ---pagebreak---                                 Proposa L for a
                     COUNCIL REGULATION ( EEC ) No ..../ 82
                     OT  MMHM
amending Regulation ( EEC ) No 2169 / 81 laying down the general rules for the system
of aid for cotton
THE COUNCIL OF THE EUROPEAN COMMUNITIES,
Havtq regard to the Treaty establishing the European Economic Community,
Having regard to the 1979 Act of Accession, and in particular Article 9 of Protocol 4
on cotton, hereinafter referred to as " the Protocol ",
Having regard to the proposal from the Commission,
Whereas the Protocol provides for the granting of aid for the production of cotton,
+ he imount of which is to be established on the basis of the difference between a
auide price and the world marlrt price for unginned cotton ; whereas the price of cotton
  of, d is an important factor in the determination of this price;
                                                                     (1)
■" p r.'Fis Article 4(1 ) of Council Regulation ( EEC ) No 2169 / 81     provides that the world
market price for cotton seed should be determined in the light of the offers on the
world market and the prices quoted on the major international exchanges ; whereas
application of this provision might prevent correct application of the aid system
during the 1982 / 83 and 1983 / 84 marketing years since, as a result of the system of
import controls applicable in Greece until the end of 1983, introduced in accordance
 jith Article 82 of the 1979 Act of Accession , the offers and prices quoted on the
world market are not representative of the trend on the Community market in cotton
seed ; whereas provision should therefore be made , by way of derogation from the
said Article 4(1 ) to the effect that for these two marketing years the world
market price for cotton seed should be determined in the light of prices and
quotations recorded on the Greek market ;
Whereas paragraph 4 of that Article provides that if there are no suitable offers or
quotations for determining the world market price for cotton seed, the price is to be
established on the basis of the value of the products obtained from the processing
of those seeds , less the coBt of crushing ; whereas for the reasons described above,
application of this provison might also prevent correct application of the aid system
during the 1982 / 83 and 1983 /84 marketing years ; whereas provision should be made
during these two marketing years to take account of offers and quotations recorded
 at the principal centres in Greece,
 ( 1 ) OJ No I 211 , 31.7.1981 , p. 2
 ---pagebreak--- HAS ADOPTED THIS REGULATION
                                    Article 1
Regulation ( EEC ) No 2169 / 81 is hereby amended as follows :
1.  The following subparagraph is added to Article 4(1 ) :
    " However , until the end of the 1983 / 84 marketing year the world market
      price for cotton seed shall be determined in the light of the prices
      and quotations recorded at the principal centres in Greece ."
2.  The following subparagraph is added to Article 4(4 ) :
    " However , until the end of the 1983 / 84 marketing year , the world market
      price shall be established on the basis of the value of these products
      recorded at the principal centres in Greece ."
                                    Article 2
This Regulation shall enter into force on the third day following that of
its publication in the Official Journal of the European Communities .
It shall apply from the date of the beginning of the 1982 / 83 marketing year .
This Regulation shall be binding in its entirety and directly applicable in
all Member States .
Done at                                              For the Council