The fresh new Ice1andic De1 e gation, without a doubt, appreci ated t he fri end1 y thoughts off Age

ts out of Austria, Greace and you will Poultry, from the 1ts 143rd Appointment cn 30th Summer The selection concerni ng Ice1and got e nvi saoed a give off

C. An effective

step 1.5 mi11ion t o Ice1and f ar t the guy weeks J u1y-elizabeth time b1ocking Iceland’s qu ota i letter Age.P.You. The new Counci1 got deferred cor.s ideration of t their deci s i with the. C.A. as well as the latest Handling Panel regarding E.P.You. inside an excellent cknow1 age dging Ice1andls reputation because an effective structura1 loans or, but the Ice1andic Authorities had grave second thoughts about whether the amount suggested wou1d be adequate t o wave Ice 1and aver the 3 weeks several months from inside the quest ion. There have been a couple the explanation why for it anxiety:- ( we ) (ii ) OvJing t o new seasona1 chara(;ter out of Iceland’ s exports, the period concerned – and especia11y the new weeks out-of J u1y and you will August – is a1ways particu1ar1y difficu1t to have Ice1and 1 s ba1ance off money. The latest partia1 1ibora1isation out-of We ce1and step 1 s imports into the Apri had brought about, nnd wou1d for a while ahead continue t O produce, re1at1ve1y large imports of several services and products t hat ended up being 1i bera1ised. It had been fe1t it wou1d become diff 1cu1t t o f orete11 the fresh elizabeth xact count you would like.ed f or perhaps the bui1ding 1p from norma1 trading carries out-of the latest merchandise involved and you can, beaause out of t the guy sood dictate of liber nlisation, t he Icel andic Goverrunent will be extremely re1uctant to ‘ has t o retract t hese steps. / / /

This new E

55 – step 3 – C /M (51) twenty seven ( Specialist v. ) Howe observar, shortly after looking at the problem carefully, his Government got authorised brand new Icelandic Delegation t o take on the draf t ended when you look at the paragra)h 4 by the suggestion of your own J oint Trade and costs Commi ttee. The latest Icelandic Bodies would do all things in its power t o generate age nds fulfill wi thi letter the new f ramewor k wh

t the fresh Managing Board of E. P.You., new Age. and Counc we l wauld, from inside the owed direction, need to the amicable c o ns l

rati o n a loan application t o l ift the new blocking of the Icelandic quota in E.P. U. The new Representative to the Us said that Elizabeth.c.An excellent. is grateful t ha t the new Govr=rnment_o.l’ Ice1and accept ed the new agreements envisa6ed about draf t Counc>l Decision at Annex IV t o C(51)214. From inside the detarmining t the guy f igure w

i ch tt had suitable for the fresh new interim credi t, the new E. had an excellent t tempted to grab very carefully into consideration each one of the factors br ought t o their notice by t the guy Member away from Iceland. On such basis as introduce we n formation, E. C.A great. expected and you will bel ieved t cap thi s unique interim credj t, i letter combinati.with the wtth most other resour ces on di sposal regarding

the guy Authorities away from We celand, perform show sufficient for its requi r elizabeth me personally nts. , definitely, stood able all the time t o review, t ogether wi t h Tıklayın the new Mana ging Bcard, one request that mi ght be put t o the Board in this connecti for the, even though Age. wished which woul d not be necessari t o unbl ock the quota. The newest CO\JNCIL ( l

You ) then followed t the guy dra feet Council endment so you’re able to paragraph 4 prop osed because of the t he J oint Trading a great nd Repayments Committee in C(51)218.

ase attach t his layer into the minut (‘ f:l i::;su0d into the 231 d..fuly, less than.refe:ccnce C/M(5l)2B(Prov:.) COUNCJT, Meters we nu t es o f t h age.=step 1:!litll_j:step one