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The latest Ice1andic De1 elizabeth gation, obviously, appreci ated t he fri end1 y ideas away from E

The latest Ice1andic De1 elizabeth gation, obviously, appreci ated t he fri end1 y ideas away from E

ts regarding Austria, Greace and you can Chicken, during the 1ts 143rd Appointment cn 30th Summer The selection concerni ng Ice1and got age nvi saoed a grant off

step one.5 mi11ion t o Ice1and f ar t he days J u1y-age day b1ocking Iceland’s qu ota i letter E.P.U. This new Counci1 got deferred cor.s ideration off t their deci s we into. C.A great. and of the brand new Dealing with Board regarding E.P.U. within the good cknow1 elizabeth dging Ice1andls status since the a good structura1 obligations or, however the Ice1andic Government had grave second thoughts about if the matter suggested wou1d be enough t o tide Freeze 1and aver the three months months during the journey ion. There had been several factors why because of it stress:- ( we ) (ii ) OvJing t o the new seasona1 chara(;ter regarding Iceland’ s exports, that point at issue – and you may especia11y the newest days from J u1y and you may August – was a1ways particu1ar1y difficu1t to have Ice1and step one s ba1ance from payments. The latest partia1 1ibora1isation from We ce1and 1 s imports during the Apri got brought about, nnd wou1d for a time in the future keep t O bring about, re1at1ve1y highest imports of numerous items t hat got 1i bera1ised. It absolutely was fe1t it wou1d become diff 1cu1t t o f orete11 the latest elizabeth xact number you would like.ed f and/or bui1ding 1p off norma1 change brings out-of new products in question and you can, beaause out-of t he sood influence regarding liber nlisation, t he Icel andic Goverrunent could be really re1uctant so you’re able to ‘ has t o roll up t hese procedures. / / /

C. A good

55 – 3 – C /Yards (51) twenty-seven ( Pro v. ) Howe ver, after examining the condition very carefully, their Bodies had authorised the Icelandic Delegation t o take on the fresh draf t finished inside paragra)h 4 because of the offer of your J oint Change and costs Commi ttee. New does love ru work Icelandic Government would do all things in its stamina t o make e nds see wi thi n new f ramewor k wh

t new Controlling Board regarding Elizabeth. P.U., the brand new E. plus the Counc i l wauld, inside due movement, bring on the amicable c o ns l

rati o n a loan application t o l ift this new clogging of one’s Icelandic quota from inside the E.P. You. c.An effective. was happy t ha t the Govr=rnment_o.l’ Ice1and take on ed the brand new preparations envisa6ed regarding the draf t Counc>l Choice during the Annex IV t o C(51)214. In detarmining t the guy f igure w

i ch tt got suitable for the latest meantime credi t, the brand new Elizabeth. got an excellent t lured to bring cautiously under consideration every one of the brand new considerations br ought t o its focus of the t he Affiliate out-of Iceland. Based on establish i n formation, Age. C.A beneficial. hoped and you may bel ieved t cap thi s unique interim credj t, i n combinati.to the wtth most other resour ces at the di sposal from

he Authorities away from We celand, would prove sufficient for the requi r e me personally nts. The new Elizabeth. , of course, stood ready all of the time t o feedback, t ogether wi t h this new Mana ging Bcard, one demand one mi ght be placed t o the newest Panel in this connecti towards the, in the event Age. hoped that it woul d never be necessari t o unbl ock the fresh quota. The CO\JNCIL ( l

Brand new Affiliate with the You mentioned that E

U ) adopted t the guy dra foot Council endment in order to section cuatro prop osed by t he J oint Change a good nd Payments Panel in the C(51)218.

ase attach t their layer for the minut (‘ f:l i::;su0d on 231 d..fuly, lower than.refe:ccnce C/M(5l)2B(Prov:.) COUNCJT, Meters i nu t parece o f t h e.=step one:!litll_j:1