Explanatory Memorandum to COM(2000)630 - EC position within the International Tropical Timber Council on the extension of the International Agreement on Tropical Timber, 1994

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1. The International Agreement on Tropical Timber of 1994 entered into force on 1 January 1996. It is due to expire on 31 December 2000.

2. At the meeting of the International Tropical Timber Council on 30 May 2000 it has been proposed to extend the Agreement for a three-year period until 31 December 2003, under the provisions of Article 46 of the Agreement.

3. According to the legal basis, the proposed decision does not affect the European Community's contribution to the administrative budget of the International Tropical Timber Organisation. The contribution remains null.

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