Legal provisions of COM(2016)779 - EU position in the Working Party to the OECD Arrangement on Officially Supported Export Credits with regard to Market Benchmark Pricing Rules

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dossier COM(2016)779 - EU position in the Working Party to the OECD Arrangement on Officially Supported Export Credits with regard to Market ...
document COM(2016)779 EN
date December  8, 2016

Contents

Article 1

The position to be taken by the European Union within the Working Party on Export Credits and Credit Guarantees of the Participants to the OECD Arrangement on Officially Supported Export Credits shall be to support and adopt the main orientations of the Revised Chairman's Proposal on Market Benchmark Pricing Rules, attached to this Decision.

Article 2

Changes to specific points that do not alter the main orientations of the attached proposal may be agreed to by the representatives of the Union in the Export Credit Committees of the OECD without further decision of the Council.

Article 3

This Decision shall enter into force on the day of its adoption.