++++

COUNCIL DECISION

OF 22 APRIL 1980

CONCERNING THE SIGNING OF THE INTERNATIONAL NATURAL RUBBER AGREEMENT , 1979

( 80/762/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 RECOMMENDATION FROM THE COMMISSION ,

WHEREAS THE PURPOSE OF THE INTERNATIONAL NATURAL RUBBER AGREEMENT , 1979 , IS TO STABILIZE THE PRICE OF THIS PRODUCT AROUND THE LONG-TERM MARKET TREND , THEREBY ACHIEVING ALSO A BALANCED GROWTH BETWEEN SUPPLY AND DEMAND FOR NATURAL RUBBER ,

HAS DECIDED AS FOLLOWS :

SOLE ARTICLE

THE PRESIDENT OF THE COUNCIL IS HEREBY AUTHORIZED TO DESIGNATE THE PERSON EMPOWERED TO SIGN , SUBJECT TO ITS BEING CONCLUDED AT A LATER DATE , THE INTERNATIONAL NATURAL RUBBER AGREEMENT , 1979 .

THE TEXT OF THE AGREEMENT IS ANNEXED TO THIS DECISION .

DONE AT LUXEMBOURG , 22 APRIL 1980 .

FOR THE COUNCIL

THE PRESIDENT

G . ZAMBERLETTI