Examples of using Stabex in English and their translations into Finnish
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ACP Stabex and Sysmin.
Stabilization of export earnings(Stabex)("6.5.2.) c.
Granu Loans Stabex Sysmin Administrative costi.
It is also a financial obligation. If we do not fulfil it, then we shall be forced to compensate for the losses in these countries under the Stabex system.
STABEX and SYSMIN do not affect prices but compensate for losses of earnings.
The Commission took the decision on Stabex transfers in respect of 1999 on 24 and 25 July'1.
Stabex: to offset losses of earnings from exports of agricultural products through financial transfers(ECU 1 500 million);
For these reasons the European Union has decided to release Stabex 90-94 funds totalling EUR 15 800 000 in favour of Togo.
Sysmin and Stabex have not contributed to the diversification of the exports of the ACP countries.
This report relates to the activities of the ACP-EC institutions and the management of Stabex du ring 1994 and, in particular, to the allocation of transfers for 1993.
In order to carry out STABEX transfers under the 1995 year of application pending the entry into force of the revised Lomé Convention and by way of advances from the STABEX funds which will be available only when the Second Financial Protocol to the Convention has been ratified.
National and regional indicative programmes Structural adjustment(SAF) Sysmin Stabex Emergency aid Aid for refugees Venture capital Interest-rate subsidies Debt relief initiative Other and new initiatives.
From the Yaoundé agreement of 1963 up to the Cotonou Agreement of 2000, revised in 2005, and the Lomé I, II, III and IV agreements from 1975 onwards, it appears that Europe has been audacious,particularly with the Stabex mechanism, which has protected cocoa, tea, coffee and groundnuts.
The instruments we had formerly,such as Stabex for price stabilization, were important ones in enabling emergence from the dependence of colonialism.
To finance this expenditure, a call for contributions totalling EUR 1 600 million was agreed in December 1999 to cover current payments plus EUR 360 million for Stabex expenditure as laid down in the financial regulation for the eighth EDF.
In the case of other payments(except structural adjustment payments, Stabex payments and some contract advances), the Delegation issues a“details correct/conforme aux faits” endorsement prior to implementation by Headquarters.
The slowdown in decisions in 1996(down 31% from 1995) and 1997(down 42 7c on 1996) is only to be expected given that over 87.63% of the appropriation has been used andthe seventh EDF appropriations for the quick-disbursing instruments such as Stabex and the structural adjustment facility have been virtually exhausted.
A re-examination of the specific tools of ACP-EU cooperation(Stabex and Sysmin) is called for to put an end to the ACP countries' dependence on a few basic products.
This is what Mr Martens rightly recommends, by insisting on the necessity of preserving a European Union-ACP countries global framework,along with the instruments which have made Lomé a success- product protocols, Stabex, Sysmin- all of which guarantee ACP countries the minimum of predictability and security necessary to enable them to master their development.
One after another, Europe has sacrificed all the gains of Lomé on the altar of the WTO-Stabex, Sysmin, the banana agreement, the sugar protocol- in order to get free-trade agreements signed, with the bonus of the introduction of visas for nationals of the countries we used to call our privileged partners.
On 3 November,on a proposal from the Commission, the ACP-EC Council adopted a decision to ensure that Sysmin, Stabex, structural adjustment, emergency assistance and refugee aid operations under the seventh EDF could continue beyond 1 March.