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Commission Regulation (EEC) No 3363/91 of 19 November 1991 amending Regulation (EEC) No 2150/91 concerning the conditions under which a credit guarantee agreement, introducing a credit guarantee for exports of agricultural products and foodstuffs to the Soviet Union, shall be concluded with a pool of commercial banks

Commission Regulation (EEC) No 3363/91 of 19 November 1991 amending Regulation (EEC) No 2150/91 concerning the conditions under which a credit guarantee agreement, introducing a credit guarantee for exports of agricultural products and foodstuffs to the Soviet Union, shall be concluded with a pool of commercial banks

Regulation (EEC) No 3363/91 Β· Regulation Β· 2 articles

Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β†—

Article 1

Regulation (EEC) No 2150/91 is hereby amended as follows: 1. Article 4 is replaced by the following: 'Article 4 The net proceeds of the credit which is guaranteed by the Community shall be used exclusively for the purchase in the Community, Bulgaria, Czechoslovakia, Hungary, Poland, Romania, Yugoslavia, Lithuania, Latvia and Estonia and import into the Soviet Union of those products that were agreed upon between the Community and the Soviet Union and are listed in the Annex to the Agreement in the form of an exchange of letters between the European Economic Community and the Union of Soviet Socialist Republics on a credit guarantee for exports of agricultural products and foodstuffs to the Soviet Union. A maximum of 15 % of this amount may be used to cover costs of transport of the products to the Soviet Union.' 2. The first indent of Article 6 is replaced by the following: '- the goods which are purchased shall be of Community origin or of origin of Bulgaria, Czechoslovakia, Hungary, Poland, Romania, Yugoslavia, Lithuania, Latvia and Estonia and shall appear on the list which is annexed to the Agreement referred to in Article 4;'. 3. The second indent of Article 6 is replaced by the following: '- the goods of Community origin shall be subject to sanitary, epidemiological and quarantine requirements existing in the Soviet Union and the European Economic Community; the goods of origin of Bulgaria, Czechoslovakia, Hungary, Poland, Romania, Yugoslavia, Lithuania, Latvia and Estonia shall be subject to sanitary, epidemiological and quarantine requirements existing in the Soviet Union and in these countries;'. 4. The fourth indent of Article 6 is replaced by the following: '- the contract offers the most favourable terms in relation to the prices normally obtained on the international markets;'.

Article 2

This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 19 November 1991. For the Commission Ray MAC SHARRY Member of the Commission (1) OJ No L 67, 14. 3. 1991, p. 21. (2) OJ No L 310, 12. 11. 1991, p. 1. (3) OJ No L 200, 23. 7. 1991, p. 12.

Source: EUR-Lex (Publications Office of the EU), Β© European Union, reuse permitted under Commission Decision 2011/833/EU.

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