Legal provisions of COM(2020)847 - EU position regarding the Sector Understanding on Export Credits for Civil Aircraft

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Article 1

The position to be taken on the Union’s behalf in the written procedure by the Participants to the Sector Understanding on Export Credits for Civil Aircraft contained in Annex III to the Arrangement on Officially Supported Export Credits as regards the Common Line on the temporary deferral of loan principal repayment shall be based on the draft proposed Common Line (*1).

Article 2

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