Considerations on COM(2018)565 - EU position in the Meeting of the Participants to the Arrangement on Officially Supported Export Credits

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(1) The Arrangement on Officially Supported Export Credits ("the Arrangement") has been transposed, and hence been made legally binding in the EU by Regulation (EU) No 1233/2011 of the European Parliament and of the Council 8 9 .

(2) Pursuant to Article 3 of the Arrangement, the Meeting of the Participants to the Arrangement may adopt a decision to invite other OECD Members to become Participants to the Arrangement.

(3) On 20 September 2017, Turkey announced its intention to become a Participant to the Arrangement.

(4) The Meeting of the Participants to the Arrangement, during its 140th session on the week of 12 November 2018, is to adopt a decision concerning the request from Turkey to become a Participant to the Arrangement.

(5) It is appropriate to establish the position to be taken on the Union's behalf in the Meeting of the Participants to the Arrangement, as the envisaged decision will be capable of decisively influencing the content of Union law, by virtue of Article 2 of Regulation (EU) No 1233/2011.