Home Europe Council of the European Union Council Decision (EU) 2021/1213 of 13 July 2021 on the concl...
Date: 2021-07-26 Category: Not Applicable State: Union Government Country: Europe

Council Decision (EU) 2021/1213 of 13 July 2021 on the conclusion, on behalf of the Union, of the Agreement in the form of an Exchange of Letters between the European Union and the Argentine Republic pursuant to Article XXVIII of the General Agreement on Tariffs and Trade (GATT) 1994 relating to the modification of concessions on all the tariff-rate quotas included in the EU Schedule CLXXV as a consequence of the United Kingdom’s withdrawal from the European Union

Issued by Council of the European Union · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This Council Decision EU 2021/1213 approves, on behalf of the Union, the Agreement in the form of an Exchange of Letters between the European Union and the Argentine Republic. The agreement modifies concessions on tariff-rate quotas in the EU Schedule CLXXV following the United Kingdom's withdrawal from the European Union. The decision entered into force on the date of its adoption, 13 July 2021. Key Points / Main Content: Agreement Approval: * The Agreement between the EU and Argentina, modifying tariff-rate quotas due to the UK's withdrawal, is approved on behalf of the Union. Notification: * The President of the Council is responsible for providing the notification as specified in the Agreement. Entry into Force: * This Decision took effect on 13 July 2021. * The date of entry into force of the Agreement will be published in the Official Journal of the European Union by the General Secretariat of the Council. Impact Analysis: The Council: * Impact: The President of the Council is tasked with providing notification as per the Agreement. * Action Required: The President must provide the notification required by the Agreement. European Union: * Impact: The EU's trade relationship with Argentina is modified regarding tariff-rate quotas. * Action Required: Implement the modified tariff-rate quotas as agreed with Argentina. Argentine Republic: * Impact: The Argentine Republic's trade relationship with the EU is modified regarding tariff-rate quotas. * Action Required: Await the notification from the EU regarding the agreement's entry into force and implement the modified tariff-rate quotas as agreed.

Key Entities Referenced

European Union: A political and economic union of member states located primarily in Europe. Argentine Republic: A country located in South America. General Agreement on Tariffs and Trade GATT 1994: A multilateral agreement regulating international trade. United Kingdom: A country that withdrew from the European Union. European Commission: An institution of the European Union, responsible for proposing legislation, implementing decisions, and managing the EU's budget. European Parliament: The parliamentary body of the European Union. Council of the European Union: A body representing the governments of the EU member states. Brussels: The de facto capital of the European Union, located in Belgium.
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26.7.2021 E N O f f i c i a l J o u r n a l o f t h e E u r o p e a n Union L 264/1 II (Non-legislative acts) INTERNATIONAL AGREEMENTS COUNCIL DECISION (EU) 2021/1213 of 13 July 2021 on the conclusion, on behalf of the Union, of the Agreement in the form of an Exchange of Letters between the European Union and the Argentine Republic pursuant to Article XXVIII of the General Agreement on Tariffs and Trade (GATT) 1994 relating to the modification of concessions on all the tariff-rate quotas included in the EU Schedule CLXXV as a consequence of the United Kingdom’s withdrawal from the European Union THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular the first subparagraph of Article 207(4) in conjunction with point (a)(v) of the second subparagraph of Article 218(6) thereof, Having regard to the proposal from the European Commission, Having regard to the consent of the European Parliament(1), Whereas: (1) On 15 June 2018 the Council authorised the Commission to open negotiations pursuant to Article XXVIII of the General Agreement on Tariffs and Trade (GATT) 1994 on the apportionment of the tariff-rate quotas included in the EU Schedule CLXXV as a consequence of the United Kingdom’s withdrawal from the Union. (2) Negotiations with Argentina were concluded on 5 February 2021with the initialling of the Agreement in the form of an Exchange of Letters between the European Union and the Argentine Republic pursuant to Article XXVIII of the General Agreement on Tariffs and Trade (GATT) 1994 relating to the modification of concessions on all the tariff-rate quotas included in the EU Schedule CLXXV as a consequence of the United Kingdom’s withdrawal from the European Union (the ‘Agreement’). (3) The Agreement was signed on behalf of the Union on 10 May 2021, subject to its conclusion at a later date, in accordance with Council Decision (EU) 2021/651(2). (4) The Agreement should be approved, (1) Consent of 23 June 2021 (not yet published in the Official Journal). (2) Council Decision (EU) 2021/651 of 19 April 2021 on the signing, on behalf of the Union, of the Agreement in the form of an Exchange of Letters between the European Union and the Argentine Republic pursuant to Article XXVIII of the General Agreement on Tariffs and Trade (GATT) 1994 relating to the modification of concessions on all the tariff-rate quotas included in the EU Schedule CLXXV as a consequence of the United Kingdom’s withdrawal from the European Union (OJ L 135, 21.4.2021, p. 1).L 264/2 E N O f f i c i a l J o u r n a l o f t h e E u r o p e a n Union 26.7.2021 HAS ADOPTED THIS DECISION: Article 1 The Agreement in the form of an Exchange of Letters between the European Union and the Argentine Republic pursuant to Article XXVIII of the General Agreement on Tariffs and Trade (GATT) 1994 relating to the modification of concessions on all the tariff rate quotas included in the EU Schedule CLXXV as a consequence of the United Kingdom’s withdrawal from the European Union is hereby approved on behalf of the Union(3). Article 2 The President of the Council shall, on behalf of the Union, give the notification provided for in the Agreement(4). Article 3 This Decision shall enter into force on the date of its adoption. Done at Brussels, 13 July 2021. For the Council The President A. ŠIRCELJ (3) The text of the Agreement is published on page 3 of this Official Journal. (4) The date of entry into force of the Agreement will be published in the Official Journal of the European Union by the General Secretariat of the Council.

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