31968D0362

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COUNCIL DECISION

OF 15 OCTOBER 1968

ON THE CONCLUSION OF AN AGREEMENT WITH AUSTRALIA NEGOTIATED UNDER ARTICLE XXVIII ( 5 ) OF GATT

( 68/362/EEC )

THE COUNCIL OF THE EUROPEAN COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , AND IN PARTICULAR ARTICLES 111 , 114 AND 228 THEREOF ;

HAVING REGARD TO THE COMMON CUSTOMS TARIFF OF THE EUROPEAN COMMUNITIES ;

HAVING REGARD TO THE COUNCIL DECISION OF 5 DECEMBER 1961 ;

HAVING REGARD TO THE REPORT FROM THE COMMISSION ;

WHEREAS , IN ACCORDANCE WITH ARTICLE XXVIII ( 5 ) OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE , AUSTRALIA HAS NOTIFIED ITS WISH TO WITHDRAW CONCESSIONS AFFECTING THE EUROPEAN ECONOMIC COMMUNITY ; WHEREAS THAT WITHDRAWAL HAS BEEN THE SUBJECT OF NEGOTIATIONS FOR COMPENSATORY ADJUSTMENT ;

WHEREAS THE CONCESSIONS OFFERED BY AUSTRALIA IN COMPENSATION FOR THOSE WITHDRAWN ARE SATISFACTORY ,

HAS DECIDED AS FOLLOWS :

ARTICLE 1

THE AGREEMENT NEGOTIATED WITH AUSTRALIA UNDER ARTICLE XXVIII ( 5 ) OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE IS CONCLUDED ON BEHALF OF THE EUROPEAN ECONOMIC COMMUNITY , THE TEXT OF THE AGREEMENT BEING ANNEXED TO THIS DECISION .

ARTICLE 2

THE CONTRACTING PARTIES TO THE GENERAL AGREEMENT ON TARIFFS AND TRADE SHALL BE NOTIFIED OF THE CONCLUSION OF THIS AGREEMENT .

DONE AT LUXEMBOURG , 15 OCTOBER 1968 .

FOR THE COUNCIL

THE PRESIDENT

G . SEDATI

ANNEX : SEE O.J .