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COUNCIL DECISION

OF 20 JULY 1970

ON THE CONCLUSION OF AN AGREEMENT WITH SPAIN NEGOTIATED UNDER ARTICLE XIX OF GATT

( 70/375/EEC )

THE COUNCIL OF THE EUROPEAN COMMUNITIES ,

HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , AND IN PARTICULAR ARTICLE 113 THEREOF ;

HAVING REGARD TO THE REPORT FROM THE COMMISSION ;

WHEREAS , IN ACCORDANCE WITH ARTICLE XIX OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE , THE SPANISH GOVERNMENT HAS TEMPORARILY MODIFIED A CONCESSION AFFECTING THE EUROPEAN ECONOMIC COMMUNITY ; WHEREAS THAT MODIFICATION HAS BEEN THE SUBJECT OF NEGOTIATIONS FOR COMPENSATORY ADJUSTMENT ;

WHEREAS THE CONCESSIONS OFFERED BY SPAIN IN COMPENSATION FOR THAT MODIFICATION ARE SATISFACTORY ,

HAS DECIDED AS FOLLOWS :

ARTICLE 1

THE AGREEMENT NEGOTIATED WITH SPAIN UNDER ARTICLE XIX OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE IS CONCLUDED ON BEHALF OF THE EUROPEAN ECONOMIC COMMUNITY ; THE TEXT OF THAT AGREEMENT IS ANNEXED TO THIS DECISION .

ARTICLE 2

THE CONTRACTING PARTIES TO THE GENERAL AGREEMENT ON TARIFFS AND TRADE SHALL BE NOTIFIED OF THE CONCLUSION OF THIS AGREEMENT .

DONE AT BRUSSELS , 20 JULY 1970 .

FOR THE COUNCIL

THE PRESIDENT

W . SCHEEL

ANNEX : SEE O.J .