31994H0313

COUNCIL RECOMMENDATION of 30 May 1994 concerning a discontinuation of certain economic and financial relations with Haiti (94/313/EC)

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community, and in particular Article 73g thereof,

Having regard to Council Decision 94/315/CFSP of 30 May 1994 concerning the common position defined on the basis of Article J.2 of the Treaty on European Union regarding the reduction of economic relations with Haiti (1),

Having regard to the proposal from the Commission,

HEREBY RECOMMENDS:

1. The Member States and the Commission will inform each other and concert regarding the measures to be taken in order to implement Article 1 (2) of Decision 94/315/CFSP and exchange all relevant information concerning the implementation of this recommendation.

2. The funds and financial resources referred to in paragraph 4 of United Nations Security Council resolution 917 (1994) should be construed as meaning funds or financial resources of whatever kind or origin including, but not limited to, cash, liquid assets, payment claims, guarantees and documentary credits, funds derived or generated from real property, investments, shares, bonds and other securities, as well as gold and other precious metals.

3. Member States are to ensure that, subject to the granting of authorization by their competent authorities, the measures which they take do not apply to:

(a) exceptions requested by President Aristide and the Prime Minister-in-Office, Mr Malval;

(b) payments of due interest or of similar remuneration on the funds and financial resources referred to in point 2, provided that they take place within the Community and are made to the persons or bodies entitled thereto;

(c) the debiting of accounts in relation to the maintenance of deposits or in relation to other financial services rendered in respect of those accounts.

Done at Brussels, 30 May 1994

For the Council

The President

G. MORAITIS

(1) See page 10 of this Offical Journal.