Council Regulation (EEC) No 3877/86 of 16 December 1986 on imports of rice of the long-grain aromatic Basmati variety falling within subheading ex 10.06 B I and II of the Common Customs Tariff

COUNCIL  REGULATION (EEC) No 3877/86
of 16 December 1986
on imports of rice of the long-grain aromatic Basmati variety falling within subheading ex 10.06 B I and II of the Common Customs Tariff
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 113 thereof,
Having regard to the proposal from the Commission,
Whereas an undertaking to explore possibilities for facilitating Pakistan's trade with the Community in rice of the long-grain aromatic Basmati variety, hereinafter referred to as 'Basmati rice', is recorded in the Commercial Cooperation Agreement between the European Economic Community and the Islamic Republic of Pakistan (1) and in the Agreement for commercial, economic and development cooperation concluded between the European Economic Community and the Islamic Republic of Pakistan (2), the latter being hereinafter reffered to as the 'new Cooperation Agreement';
Whereas the average offer price for Basmati rice is well well above the price for other long-grain rice and is even above the Community threshold price for long-grain rice;
Whereas, therefore, import of Basmati rice into the Community may be facilitated by reducing the normal levy by 25 % for a given quantity, without calling into question the way the common organization of the market in rice operates or its objectives;
Whereas the advantages provided for may be restricted to all producers of Basmati rice by introducing a certificate of authenticity;
Whereas the said advantages should be granted for an initial period until the expiry of the first five years of the new Cooperation Agreement;
Whereas, since changes in the situation on the market in rice could occur during that period, provision should be made for the levy applicable to Basmati rice to cover, in any case, at least the difference between the free-at-frontier price for Basmati rice and the threshold price for long-grain rice,