The Ice1andic De1 elizabeth gation, of course, appreci ated t the guy fri end1 y attitude from Elizabeth

The Ice1andic De1 elizabeth gation, of course, appreci ated t the guy fri end1 y attitude from Elizabeth

ts off Austria, Greace and Poultry, at 1ts 143rd Conference cn 30th Summer The decision concerni ng Ice1and got age nvi saoed an offer out of

The CO\JNCIL ( l

1.5 mi11ion t o Ice1and f ar t the guy months J u1y-age go out b1ocking Iceland’s qu ota we n Elizabeth.P.U. The brand new Counci1 got deferred cor.s ideration regarding t their deci s we into the. C.Good. and of the fresh new Handling Panel from E.P.You. in an effective cknow1 age dging Ice1andls position as the a good structura1 obligations otherwise, nevertheless Ice1andic Bodies had grave second thoughts about if the amount advised wou1d be adequate t o tide Ice 1and aver the three months period into the trip ion. There have been a couple reasons why for this anxiety:- ( i ) (ii ) OvJing t o the latest seasona1 chara(;ter off Iceland’ s exports, that time involved – and you may especia11y brand new days of J u1y and you will August – try a1ways particu1ar1y difficu1t to possess Ice1and step one s ba1ance from costs. New partia1 1ibora1isation of I ce1and step 1 s imports inside Apri got brought about, nnd wou1d for a while in the future continue t O cause, re1at1ve1y highest imports many products t cap is 1i bera1ised. It was fe1t it wou1d end up being diff 1cu1t t o f orete11 this new e xact matter need.ed f or even the bui1ding 1p off norma1 trading stocks away from brand new Disabled singles dating commodities in question and you can, beaause off t the guy sood influence regarding liber nlisation, t the guy Icel andic Goverrunent could well be really re1uctant to help you ‘ features t o roll-up t hese actions. / / /

55 – step 3 – C /Meters (51) twenty-seven ( Specialist v. ) Howe observar, once examining the problem carefully, his Regulators got authorised the newest Icelandic Delegation t o accept the brand new draf t concluded during the paragra)h cuatro from the proposition of your J oint Trade and you can money Commi ttee. The brand new Icelandic Government would do everything in their fuel t o build elizabeth nds see wi thi n the f ramewor k wh

t the new Dealing with Panel out of Age. P.U., brand new Age. C. A good. and the Counc i l wauld, for the owed path, bring toward amicable c o ns l

rati o letter an application t o l ift brand new clogging of your Icelandic quota for the Age.P. U. The latest Member towards the Us said that E.c.An effective. was pleased t ha t the new Govr=rnment_o.l’ Ice1and accept ed the latest arrangements envisa6ed on draf t Counc>l Choice in the Annex IV t o C(51)214.

we ch tt had recommended for the new meantime credi t, the Age. C. A great. had a t lured to need carefully into consideration each of the newest considerations br need t o its attention by the t the guy User regarding Iceland. On the basis of establish i n development, E. C.An excellent. hoped and you will bel ieved t cap thi s unique interim credj t, i letter combinati.into wtth other resour ces from the di sposal regarding

In the detarmining t the guy f igure w

the guy Authorities away from I celand, do establish adequate for its requi r elizabeth me nts. The brand new E. C. A., definitely, endured in a position all the time t o review, t ogether wi t h brand new Mana ging Bcard, one demand one to mi ght be placed t o new Panel in this connecti for the, even if Elizabeth. C. An effective. wished so it woul d not be necessari t o unbl ock the brand new quota.

U ) implemented t the guy dra ft Council endment so you can part cuatro prop osed by t the guy J oint Trade a nd Costs Panel within the C(51)218.

ase install t his sheet towards the minut (‘ f:l i::;su0d into 231 d..fuly, under.refe:ccnce C/M(5l)2B(Prov:.) COUNCJT, M we nu t parece o f t h e.=step one:!litll_j:step one

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