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Stabilisation and Association Agreement - Official Documents

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ARTICLE 1<br />

1. The Community <strong>and</strong> Bosnia <strong>and</strong> Herzegovina apply to processed agricultural<br />

products the duties, listed in Annex I <strong>and</strong> Annex II respectively in accordance with<br />

the conditions mentioned therein, whether limited by quota or not.<br />

2. The <strong>Stabilisation</strong> <strong>and</strong> <strong>Association</strong> Council shall decide on:<br />

(a) extensions of the list of processed agricultural products under this<br />

Protocol;<br />

(b) amendments to the duties referred to in Annexes I <strong>and</strong> II;<br />

(c) increases in or the abolition of tariff quotas.<br />

3. The <strong>Stabilisation</strong> <strong>and</strong> <strong>Association</strong> Council may replace the duties established<br />

by this Protocol by a regime established on the basis of the respective market prices<br />

in the Community <strong>and</strong> Bosnia <strong>and</strong> Herzegovina of agricultural products actually<br />

used in the manufacture of processed agricultural products subject to this Protocol.<br />

ARTICLE 2<br />

The duties applied pursuant to Article 1 may be reduced by decision of the<br />

<strong>Stabilisation</strong> <strong>and</strong> <strong>Association</strong> Council:<br />

(a) when in trade between the Community <strong>and</strong> Bosnia <strong>and</strong> Herzegovina the<br />

duties applied to the basic products are reduced, or<br />

(b) in response to reductions resulting from mutual concessions relating to<br />

processed agricultural products.<br />

The reductions provided for under point (a) shall be calculated on the part of the<br />

duty designated as the agricultural component which shall correspond to the<br />

agricultural products actually used in the manufacture of the processed agricultural<br />

products in question <strong>and</strong> deducted from the duties applied to these basic<br />

agricultural products.<br />

ARTICLE 3<br />

The Community <strong>and</strong> Bosnia <strong>and</strong> Herzegovina shall inform each other of the<br />

administrative arrangements adopted for the products covered by this Protocol.<br />

These arrangements should ensure equal treatment for all interested parties <strong>and</strong><br />

should be as simple <strong>and</strong> flexible as possible.<br />

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