The new Ice1andic De1 elizabeth gation, however, appreci ated t the guy fri end1 y thoughts out-of E

The new Ice1andic De1 elizabeth gation, however, appreci ated t the guy fri end1 y thoughts out-of E

ts regarding Austria, Greace and you may Turkey, during the 1ts 143rd Meeting cn 30th June The option concerni ng Ice1and got elizabeth nvi saoed an offer out-of

step one.5 mi11ion t o Ice1and f ar t he weeks J u1y-e day b1ocking Iceland’s qu ota i n E.P.U. New Counci1 got deferred cor.s ideration out-of t their deci s we with the. C.A great. and of the latest Dealing with Panel out of Elizabeth.P.You. when you look at the a cknow1 elizabeth dging Ice1andls position since a great structura1 debt otherwise, although Ice1andic Government had grave doubts on if the amount suggested wou1d be sufficient t o tide Frost 1and aver the 3 weeks period in trip ion. There had been a couple of reasons why for this nervousness:- ( we ) (ii ) OvJing t o the new seasona1 chara(;ter out-of Iceland’ s exports, the period in question – and you can especia11y new days off J u1y and you may August – was a1ways particu1ar1y difficu1t to have Ice1and step 1 s ba1ance out-of money. The newest partia1 1ibora1isation regarding We ce1and 1 s imports inside Apri had triggered, nnd wou1d for some time ahead remain t O bring about, re1at1ve1y high imports many services and products t hat is 1i bera1ised. It had been fe1t which wou1d become diff 1cu1t t o f orete11 the fresh elizabeth xact number you would like.ed f and/or bui1ding 1p away from norma1 exchange carries out-of new products concerned and you can, beaause regarding t he sood dictate out-of liber nlisation, t the guy Icel andic Goverrunent might possibly be very re1uctant in order to ‘ features t o roll-up t hese actions. / / /

C. A beneficial

55 – step three – C /Meters (51) twenty-seven ( Specialist v. ) Howe ver, shortly after evaluating the problem very carefully, their Bodies got authorised this new Icelandic Delegation t o undertake the fresh new draf t ended within the paragra)h cuatro from the proposition of your J oint Change and you will repayments Commi ttee. This new Icelandic Regulators would do all things in their fuel t o create age nds satisfy wi thi n brand new f ramewor k wh

t the newest Managing https://datingranking.net/coffee-meets-bagel-review/ Board off E. P.You., the fresh new E. as well as the Counc i l wauld, during the owed way, just take toward amicable c o ns l

rati o letter an application t o l ift new blocking of your Icelandic quota into the E.P. U. c.Good. try happy t ha t new Govr=rnment_o.l’ Ice1and deal with ed this new arrangements envisa6ed regarding draf t Counc>l Decision from the Annex IV t o C(51)214. Within the detarmining t he f igure w

we ch tt got suitable for this new meantime credi t, the newest E. had a great t tempted to just take very carefully under consideration all of the brand new factors br ought t o their attract from the t the guy User out-of Iceland. Based on introduce we n development, E. C.A beneficial. hoped and bel ieved t cap thi s unique meantime credj t, i letter combinati.for the wtth most other resour ces on di sposal off

the guy Authorities off We celand, create confirm adequate because of its requi r e myself nts. This new Elizabeth. , naturally, endured ready all of the time t o opinion, t ogether wi t h brand new Mana ging Bcard, people demand you to definitely mi ght be placed t o the new Panel within connecti for the, regardless of if E. hoped it woul d not be necessari t o unbl ock the quota. Brand new CO\JNCIL ( l

The newest User into the You mentioned that Elizabeth

You ) adopted t the guy dra foot Council endment so you can section 4 prop osed from the t the guy J oint Change a nd Repayments Committee in the C(51)218.

ase mount t his layer towards minut (‘ f:l we::;su0d on 231 d..fuly, around.refe:ccnce C/M(5l)2B(Prov:.) COUNCJT, M i nu t es o f t h age.=1:!litll_j:1

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