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Commission Regulation (EC) No 1609/1999 Article 3

Commission Regulation (EC) No 1609/1999 Article 3

Article 3

1. The competitivity gap shall be calculated on the basis of the reference quantities and the difference between the third country reference price and the ACP reference price. 2. The reference quantity shall be the average quantity of bananas exported by each individual ACP supplier to the Community for the last three years preceding the entry into force of Council Regulation (EC) No 1637/98. By derogation and taking account of its particular situation, the reference quantity for Somalia is fixed at 60000 tonnes. Reference quantities to be applied are listed in Annex I. 3. The third country reference price shall be the lowest average price per tonne of bananas produced in any individual established third country supplier other than an ACP country and exported to the Community during the last three years preceding the year of application, in respect of which the assistance is requested, for which statistics are available. 4. The ACP reference price shall be the average price per tonne of bananas produced in the traditional ACP supplier concerned and exported to the Community during the same period. In cases where banana exports have ceased as a consequence of diversification, the average ACP reference price shall be applied. 5. Reference prices referred to in paragraph 3 and 4 above shall be cif prices. The statistics needed for the calculation of the competitivity gap shall be those drawn up and published on Community imports by the Statistical Office of the European Communities.

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Other provisions in Commission Regulation (EC) No 1609/1999

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

CitationArticle 3 of Commission Regulation (EC) No 1609/1999 (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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