Annexes to COM(2017)154 - EU position in the International Grains Council with respect to the extension of the Grains Trade Convention, 1995

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agreements

APPROPRIATIONS:

B2017 8 105 849 EUR
2.TITLE:

Proposal for a Council Decision establishing the position to be taken by the European Union within the International Grains Council with respect to the extension of the Grains Trade Convention 1995.

.LEGAL BASIS: Article 207 in conjunction with Article 218 (9) of the Treaty on the Functioning of the European Union

4.AIMS:

Extension of the existing Grains Trade Convention by two more years (1.7.2017 to 30.06.2019).

5.FINANCIAL IMPLICATIONS12 MONTH PERIOD

(EUR million)
CURRENT FINANCIAL YEAR

2017

(EUR million)
FOLLOWING FINANCIAL YEAR

2018

(EUR million)
5.0EXPENDITURE

- CHARGED TO THE EU BUDGET
(REFUNDS/INTERVENTIONS)

- NATIONAL AUTHORITIES

- OTHER
0.490.415.1REVENUE

- OWN RESOURCES OF THE EU
(LEVIES/CUSTOMS DUTIES)

- NATIONAL
20195.0.1ESTIMATED EXPENDITURE0.425.1.1ESTIMATED REVENUE5.2METHOD OF CALCULATION: Based on assumptions on an estimated number of votes of the EU (varies each year), on an estimated amount to be paid per vote in GBP.6.0CAN THE PROJECT BE FINANCED FROM APPROPRIATIONS ENTERED IN THE RELEVANT CHAPTER OF THE CURRENT BUDGET?YES6.1CAN THE PROJECT BE FINANCED BY TRANSFER BETWEEN CHAPTERS OF THE CURRENT BUDGET?6.2WILL A SUPPLEMENTARY BUDGET BE NECESSARY?6.3WILL APPROPRIATIONS NEED TO BE ENTERED IN FUTURE BUDGETS?YESOBSERVATIONS:

The amount to be effectively paid can vary depending on the final number of votes the EU gets attributed to, the amount to be paid per vote in GBP and on the exchange rate €/ GBP.



(1) OJ L 21, 27.1.1996, p. 47.
(2) Council Decision 96/88/EC of 19 December 1995 concerning the approval by the European Community of the Grains Trade Convention and the Food Aid Convention, constituting the International Grains Agreement 1995 (OJ L 21, 27.1.1996, p. 47).