Annexes to SEC(2008)1979 - Draft DECISION No x/2008 of the EC-Denmark/Faroe Islands Joint Committee amending Tables I and II of the Annex to Protocol 1 to the agreement with the Government of Denmark and the Home Government of the Faroe Islands - Draft common position of the EC - Main contents
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| dossier | SEC(2008)1979 - Draft DECISION No x/2008 of the EC-Denmark/Faroe Islands Joint Committee amending Tables I and II of the Annex to Protocol ... |
|---|---|
| document | SEC(2008)1979  |
| date | June 5, 2008 |
2. BUDGET LINES:
Chapter and Article:
Chapter 12, Article 120
Amount budgeted for the year concerned: EUR 16 432 million
3. FINANCIAL IMPACT
Proposal has no financial implications
Proposal has no financial impact on expenditure but has a financial impact on revenue – the effect is as follows:
(€ million to one decimal place)
| Budget line | Revenue3 | 12 month period, starting 01/01/2008 | [Year n] |
| Article 120 | Impact on own resources | 0.3 |
| Situation following action | |||||
| [n+1] | [n+2] | [n+3] | [n+4] | [n+5] | |
| Article 120 | 0.7 | 0.7 | 0.7 |
4. ANTI-FRAUD MEASURES
The management of the quotas will be carried out by the Commission in accordance with the quota allocation procedure.
5. OTHER REMARKS
The 16th Joint Committee is scheduled for November 2008. Faroe Islands have proposed to adopt the Joint Committee Decision by exchange of letters. The decision will enter into force on 1 September 2008.
The potential loss of revenue has been calculated on the assumption that the quota volumes will be fully utilised. The calculation is based on the average value of coalfish (0305 59 80), common whelk (0307 91 00) and crab (0306 14 90) imported from the Faeroes during the period 2004-2006 as shown in the tables below (figures are rounded). The figures thus calculated were then reduced by 25 % to reflect the collection costs incurred by Member States.
In view of the low level of imports of common whelk of the tariff lines 0307 99 18 and 1605 90 30 from the Faeroes, it is not considered that the additional concession will have a material impact on the Community budget. Therefore, the potential loss of customs duties on imports of these products from the Faeroes has not been considered further.
.
| Product description | Tariff line | Duty rate | EU imports from Faroe Islands in € (3 year average 2004-06) | EU imports from Faroe Islands in tonnes (3 year average 2004-06) | € per tonne (3 year average 2004-06) |
| Coalfish (Pollachius virens), salted and dried | ex 0305 59 80 | 12 % | 770.00 | 0.27 | 2,887.50 |
| Common whelk (Buccinum undatum), live, fresh or chilled | ex 0307 91 00 | 11 % | 23,750.00 | 28.20 | 842,20 |
| Common whelk (Buccinum undatum), frozen | ex 0307 99 18 | 11 % | 6,190.00 | 1.30 | 4,761.54 |
| Common whelk (Buccinum undatum), prepared or preserved | ex 1605 90 30 | 20 % | 0 (no imports) | 0 (no imports) | 0 (no imports) |
| Crabs of the species Geryon affinis, frozen | ex 0306 14 90 | 7.5 % | 313,803.33 | 26.87 | 11,680.02 |
.
| Quota in tonnes | 3 yr average in € | Duty at 12 % in € | Net of collection costs in € | ||
| coalfish | Additional quota amount Yr [n] | 250* | 721,875 | 86,625 | 64,968.75 |
| Yr [1] | 750 | 2,165,625.00 | 259,875.00 | 194,906.25 | |
| Yr [2] | 750 | 2,165,625.00 | 259,875.00 | 194,906.25 | |
| Yr [3] | 750 | 2,165,625.00 | 259,875.00 | 194,906.25 |
| Quota in tonnes | 3 yr average in € | Duty at 11 % in € | Net of collection costs in € | ||
| whelk | Additional quota amount Yr [n] | 400* | 336,879.43 | 37,056.74 | 27,792.55 |
| Yr [1] | 1200 | 1,010,638.30 | 111,170.21 | 83,377.66 | |
| Yr [2] | 1200 | 1,010,638.30 | 111,170.21 | 83,377.66 | |
| Yr [3] | 1200 | 1,010,638.30 | 111,170.21 | 83,377.66 |
| Quota in tonnes | 3 yr average in € | Duty at 7.5 % in € | Net of collection costs in € | ||
| crab | Additional quota amount Yr [n] | 250* | 2,920,006.20 | 219,000.48 | 164,250.3 |
| Yr [1] | 750 | 8,760,018.61 | 657,001.40 | 492,751.05 | |
| Yr [2] | 750 | 8,760,018.61 | 657,001.40 | 492,751.05 | |
| Yr [3] | 750 | 8,760,018.61 | 657,001.40 | 492,751.05 |
* Entry into force on 1 September 2008 would give four months additional tonnes pro rata temporis
Sum for three fishery products:
| Net of collection costs in € | |
| Additional quota amount Yr [n] | 257,011.65 |
| Yr [1] | 771,034.96 |
| Yr [2] | 771,034.96 |
| Yr [3] | 771,034.96 |
1OJ L 53, 22.2.1997, p. 2.
2OJ L 53, 22.2.1997, p. 2.
3Regarding traditional own resources (agricultural duties, sugar levies, customs duties) the amounts indicated must be net amounts, i.e. gross amounts after deduction of 25 % of collection costs.
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