Council Regulation (EC) No 2600/97 of 19 December 1997 amending Regulation (EC) No 3094/95 on aid to shipbuilding

COUNCIL REGULATION (EC) No 2600/97 of 19 December 1997 amending Regulation (EC) No 3094/95 on aid to shipbuilding
THE COUNCIL OF THE EUROPEAN UNION
,
Having regard to the Treaty establishing the European Community, and in particular Articles 92 (3) (c), 94 and 113 thereof,
Having regard to the proposal from the Commission,
Having regard to the opinion of the European Parliament (1),
Whereas an agreement respecting normal competitive conditions in the commercial shipbuilding and repair industry, concluded between the European Community and certain third countries within the framework of the Organization for Economic Cooperation and Development (OECD) (2), has still not yet entered into force;
Whereas therefore Council Regulation (EC) No 3094/95 of 22 December 1995 on aid to shipbuilding (3) has not yet entered into force;
Whereas, in accordance with Article 10 of Regulation (EC) No 3094/95, the relevant rules of Council Directive 90/684/EEC of 21 December 1990 on aid to shipbuilding (4) continue to apply ad interim, pending the entry into force of the OECD agreement and until 31 December 1997 at the latest;
Whereas, given the continuing uncertainties over entry into force of the OECD agreement, which may be further delayed beyond 31 December 1997, the Council needs to take appropriate steps pending decisions on possible new arrangements on aid to shipbuilding;
Whereas Regulation (EC) No 3094/95 should therefore be amended,