26.6.98 Official Journal of the European Communities L 183/27 COMMISSION REGULATION (EC) No 1321/98 of 25 June 1998 establishing the forecast supply balance for 1998/99 for the Azores, Madeira and the Canary Islands with regard to sugar, provided by Council Regulations (EEC) No 1600/92 and (EEC) No 1601/92 THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 1600/92 of 15 June 1992 concerning specific measures for the Azores and Madeira relating to certain agricultural prod- ucts ('), as last amended by Commission Regulation (EC) No 562/98 (3, and in particular Article 10 thereof, Having regard to Council Regulation (EEC) No 1601/92 of 15 June 1992 concerning specific measures for the Canary Islands with regard to certain agricultural prod- ucts (}), as last amended by Regulation (EC) No 2348/ 96 (*), and in particular Articles 3(4) and 7(2) thereof, Whereas pursuant to Article 2 of Regulations (EEC) No 1600/92 and (EEC) No 1601/92, Commission Regulation (EEC) No 2177/92 (%), as last amended by Regulation (EC) No 2431/97 (6), sets the forecast supply balance with sugar to the Azores, Madeira and the Canary Islands for the 1997/98 marketing year; whereas pursuant to the said Article 2 and on the basis of the forecasts the supply balance for the 1998/99 marketing year under the arrangements should now be set; Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Sugar, HAS ADOPTED THIS REGULATION: Article 1 The Annex to Regulation (EEC) No 2177/92 is hereby replaced for the 1998/99 marketing year by the Annex to this Regulation. Article 2 This Regulation shall enter into force on 1 July 1998. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 25 June 1998. () OJ L 173, 27. 6. 1992, p. 1. () OJ L 76, 13. 3. 1998, p. 6. () OJ L 173, 27. 6. 1992, p. 13. () OJ L 320, 11. 12. 1996, p. 1. () OJ L 217, 31. 7. 1992, p. 71. () OJ L 337, 9. 12. 1997, p. 7. For the Commission Franz FISCHLER Member of the Commission