17. 5. 95 Official Journal of the European Communities No L 110/1 (Acts whose publication is obligatory) COUNCIL REGULATION (EC) No 1101/95 of 24 April 1995 amending Regulation (EEC) No 1785/81 on the common organization of the market in the sugar sector and Regulation (EEC) No 1010/86 laying down general rules for the production refund on certain sugar products used in the chemical industry THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, and in particular Articles 42 and 43 thereof, Having regard to the proposal from the Commission, Having regard to the opinion of the European Par- liament ("), Having regard to the opinion of the Economic and Social Committee (%), Whereas Article 23 (5) of Regulation (EEC) No 1785/81 () states that the Council is to adopt, in accordance with the procedure laid down in Article 43 (2) of the Treaty, the arrangements to apply from 1 July 1995 to the produc- tion of sugar, isoglucose and inulin syrup; Whereas the agreements resulting from the Uruguay Round multilateral trade negotiations were approved by Decision 94/800/EC (%) ; whereas the agreement on agri- culture (hereinafter referred to as ‘the Agreement) provides, in particular, for the gradual reduction of the level of the Community’s export support for agricultural products and in particular for sugar under guarantee of production quotas; whereas the Agreement provides for the reduction of export support, in terms of both quanti- ties and appropriations, over a transitional period ; Whereas it should be recalled that, since the 1986/87 marketing year, the common organization of the sugar (') Opinion delivered on 6 April 1995 (not yet published in the Official Journal). () OJ No T 110, 2. 5. 1995. () OJ No L 177, 1. 7. 1981, p. 4. Regulation as last amended by the Act of Accession of Austria, Finland and Sweden. () OJ No L 336, 23. 12. 1994, p. 1. sector markets has been based, first, on the principle of full financial responsibility on the part of producers for the losses incurred in each marketing year due to the disposal of that part of Community production under quota which is surplus to the Community’s internal consumption and, secondly, on a differentiation of the price and disposal guarantees in line with the production quota allocated to each undertaking; whereas, since commitments to reduce export support are to be imple- mented over a transitional period, the present basic sugar and isoglucose quantities and inulin syrup quotas should be maintained unchanged but with provision made for the guarantees pertaining thereto to be adjusted as appro- priate to permit compliance with the commitments made under the Agreement, while taking into account the fundamental factors affecting the situation of this sector in the Community ; whereas it is accordingly desirable to maintain the sector’s self-financing arrangements and production quotas for a period corresponding to the abovementioned transitional period, namely six marketing years ; Whereas the production quotas allocated to each sugar sector undertaking may, in any marketing year, give rise, as a result of the relevant consumption, production, importation, stock and carryover levels, and the average loss likely to be borne under the self-financing scheme, to an export volume exceeding that set in the Agreement; whereas provision should therefore be made for adjust- ments over one or more marketing years in the guarantees linked to quotas so that the Community’s commitments can be met; Whereas, as the first step in implementing adjustments to the guarantees, the difference recorded for a given mar- keting year between the Community’s exportable volume and the amount set in the Agreement should be appor- tioned between sugar, isoglucose and inulin syrup accor-