11985I319

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Article 319

The specific objectives referred to in Article 264 , to be achieved by the Portuguese Republic during the first stage in the cereals sector , shall be as follows :

( a ) dismantling of the marketing monopoly held by the Empresa Publica de Abastecimento de Cereais ( EPAC ) at the end of the first stage at the latest and the progressive liberalization of domestic trade with a view to introducing a system of free competition to the Portuguese market ;

( b ) progressive elimination of the import monopoly held by EPAC over a period of four years ;

( c ) setting up an intervention body and creating a material and human infrastructure to facilitate intervention operations ;

( d ) free price formation ;

( e ) creation of an information service on agricultural markets in order to record prices and the appropriate training of the administrative services indispensable to the smooth functioning of the common organization of markets .