New Ice1andic De1 age gation, definitely, appreci ated t the guy fri end1 y feelings of Elizabeth

New Ice1andic De1 age gation, definitely, appreci ated t the guy fri end1 y feelings of Elizabeth

ts regarding Austria, Greace and you will Poultry, from the 1ts 143rd Meeting cn 30th June The decision concerni ng Ice1and got elizabeth nvi saoed a give from

C. A beneficial

step 1.5 mi11ion t o Ice1and f ar t the guy months J u1y-e go out b1ocking Iceland’s qu ota i n Age.P.You. The brand new Counci1 had deferred cor.s ideration out-of t his deci s i toward. C.A great. as well as the latest Handling Panel from E.P.You. into the an effective cknow1 e dging Ice1andls status since the an excellent structura1 personal debt otherwise, although Ice1andic Authorities got grave second thoughts as to whether the matter recommended wou1d be adequate t o wave Freeze 1and aver the 3 months several months during the journey ion. There had been a couple of main reasons why because of it stress:- ( we ) (ii ) OvJing t o the newest seasona1 chara(;ter regarding Iceland’ s exports, that point involved – and especia11y the newest weeks out of J u1y and you may August – are a1ways particu1ar1y difficu1t to possess Ice1and step one s ba1ance from costs. This new partia1 1ibora1isation out of We ce1and step 1 s imports within the Apri had brought about, nnd wou1d for a while ahead continue t O cause, re1at1ve1y higher imports of numerous goods t hat was actually 1i bera1ised. It actually was fe1t so it wou1d feel diff 1cu1t t o f orete11 brand new age xact amount you want.ed f or even cena bbwdatefinder the bui1ding 1p from norma1 change carries off the fresh merchandise under consideration and you can, beaause from t the guy sood determine out-of liber nlisation, t the guy Icel andic Goverrunent was extremely re1uctant in order to ‘ has actually t o roll up t hese steps. / / /

This new Elizabeth

55 – step three – C /Yards (51) twenty seven ( Specialist v. ) Howe observar, shortly after looking at the matter carefully, his Bodies had authorised the fresh Icelandic Delegation t o deal with this new draf t ended inside the paragra)h 4 of the offer of your J oint Exchange and you may costs Commi ttee. The newest Icelandic Bodies should do all things in its fuel t o generate age nds satisfy wi thi letter new f ramewor k wh

t the fresh new Managing Panel away from E. P.You., this new Age. plus the Counc we l wauld, when you look at the due path, take into the friendly c o ns l

rati o letter an application t o l ift the clogging of one’s Icelandic quota inside the E.P. You. The brand new Member for the United states said that Elizabeth.c.A beneficial. are grateful t ha t the new Govr=rnment_o.l’ Ice1and take on ed the newest plans envisa6ed from the draf t Counc>l Choice in the Annex IV t o C(51)214. Inside detarmining t he f igure w

i ch tt had recommended for the newest interim credi t, this new Age. had a good t lured to get cautiously into consideration every one of the considerations br ought t o its focus from the t the guy Affiliate off Iceland. On the basis of introduce i letter formation, Elizabeth. C.A great. wished and you may bel ieved t hat thi s unique meantime credj t, we n combinati.towards the wtth most other resour ces during the di sposal away from

he Regulators away from I celand, would show sufficient because of its requi r e me personally nts. , definitely, endured ready constantly t o review, t ogether wi t h the new Mana ging Bcard, one demand one mi ght go t o the Panel in this connecti on, regardless if Elizabeth. hoped this woul d never be necessari t o unbl ock the newest quota. Brand new CO\JNCIL ( l

U ) then followed t the guy dra feet Council endment to paragraph cuatro prop osed of the t the guy J oint Trading a good nd Payments Committee from inside the C(51)218.

ase mount t his piece to your minut (‘ f:l i::;su0d into 231 d..fuly, below.refe:ccnce C/M(5l)2B(Prov:.) COUNCJT, M we nu t es o f t h age.=step 1:!litll_j:step 1

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