Explanatory Memorandum to COM(2007)499 - EC position within the International Cocoa Council on the extension of the International Cocoa Agreement, 2001

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dossier COM(2007)499 - EC position within the International Cocoa Council on the extension of the International Cocoa Agreement, 2001.
source COM(2007)499 EN
date 05-09-2007
The International Cocoa Agreement of 2001 was concluded for the European Community by Council Decision 2002/970/EC of 18 November 2002. The Agreement entered into force provisionally on 1 October 2003 and definitively on 2 November 2005. It is due to expire on 30 September 2008 unless it is extended.

At the meeting of the International Cocoa Council scheduled to take place in London in September 2007 members may be requested, under the provisions of Article 63 i of the Agreement, to adopt a resolution providing for the extension of the current Agreement of 2001 for one or two periods not exceeding two cocoa years each, in order to allow sufficient time for the negotiation of amendments or a successor Agreement.

The European Community's, participation in the Agreement is in accordance with its exclusive competence. Under the legal basis, the proposed decision does not change the European Community’s contribution to the administrative budget of the International Cocoa Organisation, which remains due for every cocoa year.

The purpose of this proposal is to authorise the European Community to vote in favour of extending the Agreement.

The Commission therefore suggests that the Council adopt the attached decision.