Council Regulation (EEC) No 3756/89 of 11 December 1989 amending Regulation (EEC) No 1678/85 fixing the conversion rates to be applied in agriculture

COUNCIL  REGULATION (EEC) No 3756/89
of 11 December 1989
amending Regulation (EEC) No 1678/85 fixing the conversion rates to be applied in agriculture
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1676/85 of 11 June 1985 on the value of the unit of account and the conversion rates to be applied for the purposes of the common agricultural policy (1), as last amended by Regulation (EEC) No 1636/87 (2), and in particular Article 2 (3) thereof,
Having regard to the proposal from the Commission,
Having regard to the opinion of the Monetary Committee,
Whereas the agricultural conversion rates currently applicable were fixed by Regulation (EEC) No 1678/85 (3), as last amended by Regulation (EEC) No 3575/89 (4);
Whereas, as a result of the transition by stages to which the products referred to in Article 259 of the Act of Accession of Spain and Portugal are subject, no agricultural conversion rate is fixed for those products; whereas, however, certain provisions of the common agricultural policy have been extended to cover several of the products in question in Portugal, in particular by Council Regulation (EEC) No 1423/88 of 24 May 1988 on the granting of aid for certain varieties of rice of the indica type or profile in Portugal (5) and by Council Decision 89/144/EEC of 20 February 1989 extending certain provisions on the supply of milk and milk products at a reduced price to cover Portugal (6); whereas a conversion rate corresponding to actual economic circumstances must be fixed for these cases;
Whereas, in the case of Spain, the first phase of the specific transitional arrangements for fresh fruit and vegetables referred to in Article 131 of the Act of Accession ends on 31 December 1989; whereas an agricultural conversion rate corresponding to actual economic circumstances must be fixed for the products in question with effect from 1 January 1990, taking account of the rate applicable to processed fruit and vegetables,