Commission Regulation (EC) No 1125/2002 of 27 June 2002 definitively fixing the aid for unginned cotton in Spain and Portugal from 1 September 2001 to 31 March 2002 for the 2001/02 marketing year

Commission Regulation (EC) No 1125/2002
of 27 June 2002
definitively fixing the aid for unginned cotton in Spain and Portugal from 1 September 2001 to 31 March 2002 for the 2001/02 marketing year
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to the Act of Accession of Greece, and in particular Protocol 4 on cotton, as last amended by Council Regulation (EC) No 1050/2001(1),
Having regard to Council Regulation (EC) No 1051/2001 of 22 May 2001 on production aid for cotton(2), and in particular Article 2(1) thereof,
Whereas:
(1) Under Article 4 of Regulation (EC) No 1051/2001, the world market price for unginned cotton is fixed periodically during the marketing year.
(2) Commission Regulation (EC) No 1130/2002(3) fixes actual production of unginned cotton in Spain and Portugal and the amount by which the guide price is to be reduced as a result for the 2001/02 marketing year.
(3) Article 4(1) of Commission Regulation (EC) No 1591/2001 of 2 August 2001 laying down detailed rules for applying the cotton aid scheme(4) provides for the aid for unginned cotton applicable for each period for which a world market price for unginned cotton has been determined to be fixed no later than 30 June.
(4) The aid for the 2001/02 marketing year should accordingly be fixed definitively at the levels indicated below,