31994R0532

COUNCIL REGULATION (EC) No 532/94 of 7 March 1994 extending the measures taken under the Agreement between the European Economic Community and the United States of America for the conclusion of negotiations under GATT Article XXIV.6

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community and in particular Article 113 thereof,

Having regard to the proposal from the Commission,

Whereas pursuant to an Agreement between the European Economic Communigy and the United States of America for the conclusion of negotiations under Article XXIV.6 of the General Agreement on Tariffs and Trade (GATT) (1) which was extended by an Exchange of Letters (2) complementing that Agreement until 31 December 1991, the Community agreed to take certain measures;

Whereas the Community applied these measures during 1992 and 1993 by virtue of Regulations (EEC) No 3919/91 (3) and (EEC) No 991/93 (4);

Whereas the reasons still exist for the extension of these measures,

HAS ADOPTED THIS REGULATION:

Article 1

The measures referred to in the Exchange of Letters complementing the Agreement between the European Economic Community and the United States of America for the conclusion of negotiations under GATT Article XXIV.6 shall be applied by the Community until 31 December 1994.

Article 2

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Communities.

It shall apply from 1 January 1994.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 7 March 1994.

For the Council

The President

Th. PANGALOS

(1) OJ No L 98, 10. 4. 1987, p. 1.

(2) OJ No L 17, 23. 1. 1991, p. 17.

(3) OJ No L 372, 31. 12. 1991, p. 35.

(4) OJ No L 104, 29. 4. 1993, p. 1.