Legal provisions of COM(2021)114 - EU position regarding the envisaged decision of the Participants to the Arrangement on Officially Supported Export Credits

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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 Arrangement on Officially Supported Export Credits as regards the adoption of a decision to increase official support for export credits in the form of local costs shall be based on the proposal of the Union (2).

Article 2

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