ts out-of Austria, Greace and Poultry, within 1ts 143rd Conference cn 30th Summer The choice concerni ng Ice1and had elizabeth nvi saoed a grant regarding
step 1.5 mi11ion t o Ice1and f ar t he days J u1y-age time b1ocking Iceland’s qu ota we n Age.P.U. The latest Counci1 got deferred cor.s ideration of t their deci s we towards the. C.A good. and of the fresh new Dealing with Panel regarding Elizabeth.P.U. from inside the a good cknow1 elizabeth dging Ice1andls standing just like the a beneficial structura1 debt or, although Ice1andic Government had grave second thoughts concerning whether or not the amount advised wou1d be sufficient t o wave Ice 1and aver the three weeks months inside the quest ion. There have been a few factors why because of it anxiety:- ( we ) (ii ) OvJing t o the fresh new seasona1 chara(;ter out-of Iceland’ s exports, that time at issue – and you can especia11y new weeks from J u1y and you will August – is a1ways particu1ar1y difficu1t to have Ice1and step 1 s ba1ance out-of payments. The brand new partia1 1ibora1isation from I ce1and step one s imports inside Apri got triggered, nnd wou1d for a time to come continue t O result in, re1at1ve1y highest imports many items t hat got 1i bera1ised. It had been fe1t so it wou1d feel diff 1cu1t t o f orete11 the fresh age xact matter you prefer.ed f or the bui1ding 1p of norma1 exchange holds away from the latest merchandise concerned and you can, beaause from t he sood influence from liber nlisation, t the guy Icel andic Goverrunent would be really re1uctant so you’re able to ‘ has t o retract t hese methods. / / /
C. A great
55 – step three – C /Meters (51) twenty-seven ( Expert v. ) Howe observar, immediately following evaluating the challenge carefully, their Government got authorised the fresh new Icelandic Delegation t o undertake the new draf t ended inside the paragra)h cuatro by the proposition of the J oint Trading and you may costs Commi ttee. New Icelandic Government should do everything in its fuel t o make e nds fulfill wi thi letter the f ramewor k wh
t the brand new Managing Panel off Elizabeth. P.U., the newest Age. therefore the Counc we l wauld, within the due path, take to the friendly c o ns l
rati o letter a software t o l ift the latest blocking of one’s Icelandic quota into the E.P. You. c.An excellent. is actually grateful t ha t this new Govr=rnment_o.l’ Ice1and take on ed the newest arrangements envisa6ed about draf t Counc>l Choice during the Annex IV t o C(51)214. From inside the detarmining t he f igure w
we ch tt had suitable for the newest interim credi t, the new Age. got good t lured to take very carefully into account all of the fresh considerations br ought t o the focus from the t he Affiliate away from Iceland. On the basis of establish we letter development, Age. C.A great. expected and you can bel ieved t hat thi s unique interim credj t, we n combinati.to your wtth other resour ces in the di sposal out-of
he Government regarding I celand, perform show sufficient for the requi roentgen age me nts. The new Elizabeth. , of course, endured able all the time t o opinion, t ogether wi t how to delete established men account h the latest Mana ging Bcard, any demand you to definitely mi ght be placed t o this new Board in this connecti for the, whether or not Age. wished this woul d not be necessari t o unbl ock the brand new quota. The latest CO\JNCIL ( l
The Associate towards Us asserted that E
You ) used t the guy dra ft Council endment so you’re able to part 4 prop osed of the t he J oint Change an effective nd Repayments Panel from inside the C(51)218.
ase attach t their layer for the minut (‘ f:l i::;su0d on the 231 d..fuly, below.refe:ccnce C/M(5l)2B(Prov:.) COUNCJT, M i nu t es o f t h age.=1:!litll_j:1
Leave a Reply