Commission Regulation (EEC) No 1897/92 of 9 July 1992 laying down detailed rules for the implementation of a medium-term loan to the Soviet Union and its constituent Republics, established by Council Decision 91/658/EEC

COMMISSION REGULATION (EEC) No 1897/92  of 9 July 1992  laying down detailed rules for the implementation of a medium-term loan to the Soviet Union and its constituent Republics, established by Council Decision 91/658/EEC
THE COMMISSION  OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Decision 91/658/EEC of 16 December 1991 granting a medium-term loan to the Soviet Union and its constituent Republics (1) and in particular Article 4 (4) thereof,
Whereas Decision 91/658/EEC provides for a Community loan of ECU 1 250 million to the Soviet Union and its constituent Republics to enable importation of agricultural and food products and medical supplies originating in the Community, Bulgaria,  Czechoslovakia, Hungary, Poland, Romania, Lithuania, Latvia, Estonia and Yugoslavia;
Whereas the situation in Yugoslavia and Council Regulation (EEC) No 1432/92 (2) require that only purchases of products originating in Bosnia-Herzegovina, Croatia, Slovenia and the Yugoslav Republic of Macedonia shall be financed by the loans;
Whereas Article 4 (4) of the Decision provides that the detailed rules relating to the purchase, receipt, transport and distribution of products from the Community, the importation of which is financed by the loans, shall be adopted on the basis of the  results of the contacts between the Commission and the authorities of the Republics;
Whereas the products which can be purchased under the loans shall be agreed upon between the Community and these Republics;
Whereas the actual needs of the Republics as well as the availability for export of agricultural and food products and medical supplies in Bulgaria, Czechoslovakia, Hungary, Poland, Romania, Lithuania, Latvia, Estonia, Bosnia-Herzegovina, Croatia,  Slovenia and the Yugoslav Republic of Macedonia and the stability of the markets as well as the trading between the Republics shall specifically be taken into account when identifying these products;
Whereas the detailed rules referred to in Article 4 (4) of Decision 91/658/EEC shall ensure in particular that only purchases of products originating in the Community and in Bulgaria, Czechoslovakia, Hungary, Poland, Romania, Lithuania, Latvia, Estonia,  Bosnia-Herzegovina, Croatia, Slovenia and the Yugoslav Republic of Macedonia shall be financed by the loans, that free competition for the supply and purchase of products shall be guaranteed and that the agricultural and food products shall be  distributed in the mass retail network of the Republics;
Whereas the respect of these and other conditions requires a procedure for recognition of contracts which are to be financed by the loans;
Whereas the measures provided in this Regulation are in accordance with the opinion of the Committee provided for in Article 6 of Decision 91/658/EEC,