Examples of using Equivalent third in English and their translations into Greek
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Financial
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Official/political
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Computer
Equivalent third countries 62.
The remainder is imported from equivalent third countries.
Recognised equivalent third countries have the obligation to report yearly to the Commission on the control activities carried out in the previous year43.
The Commission's audits since 2012 have covered most equivalent third countries.
There are currently thirteen equivalent third countries40 which represent approximately 13% of organic imports.
The Commission's audits since 2012 have covered most equivalent third countries(paragraph 62).
Competent authorities in equivalent third countries are responsible for guaranteeing that organic products are produced and operators are checked in accordance with their standards.
We observed similar delays in the analysis of annual reports received from equivalent third countries56.
For products imported via the regime of equivalent third countries, the Commission monitors OFIS notifications.
VII.(e) The Commission is making constant efforts to strengthen the supervision of equivalent third countries9.
Since 2012, the Commission has carried out ten audits on eight equivalent third countries(see Table 3) and took part in a peer review of the US control system in 2014.
REPLY OF THE COMMISSION Recommendation 5 The Commission is making constant efforts to strengthen the supervision of equivalent third countries23.
The Commission continuously monitors OFIS notifications andcontacts the Control Authorities of equivalent Third Countries in case of recurrent delays in the replies or in relation to specific issues.
These recent legislative changes, for instance in the amended ESAs regulations,strengthen the roles of those authorities in monitoring equivalent third countries.
Equivalent third country: Third country that is recognised by the Commission as applying equivalent organic rules and control measures as those applied in the EU.
The number of third countries applying for inclusion in the list of equivalent third countries is increasing.
Countries that are currently on the list of recognised equivalent third countries are Argentina, Australia, Canada, Costa Rica, India, Israel, Japan, Switzerland, Tunisia, New Zealand and, with effect from 1 June 2012, the United States.
In addition to following-up on its audits,the Commission systematically analyses the annual reports received from equivalent control bodies and equivalent third countries.
Equivalent third countries which have not been audited during this period are New Zealand, Japan and South Korea which together represent less than 1% of organic imports into the EU, and Chile, which signed an agreement with the EU in 2017.
Joint reply The Commission services are developing an internal procedure for the supervision, management andreview of the list of equivalent third countries in order to formalise and standardise the work.
Until now, imported products were certified in accordance with the national rules of equivalent third countries or in accordance with some of the approximately 60 different sets of rules from control bodies which the EU recognised as equivalent to its own organic rules.
In our Special Report No 9/2012,we recommended that the Commission should ensure adequate supervision of the countries included in the list of equivalent third countries for organic production(see also Annex).
Bonds or other forms of securitised debt admitted to trading on a regulated market or on an equivalent third country market or on a MTF, excluding those that embed a derivative or incorporate a structure which makes it difficult for the client to understand the risk involved;
In relation to control procedures for importing products, the audit considered the period starting from the entry into force of Council Regulation(EEC)No 2092/9120 and amendments(i.e. from June 1991 for the list of recognised equivalent third countries and from July 1992 for import authorisations).
However, the Commission lacks detailed procedures for the management andreview of the list of equivalent third countries and a risk assessment of the third countries has not been formalised. 43 Article 12(1)(b) of Regulation(EC) No 1235/2008.
Regulatory Technical Standards state that where a clearing member is prepared to facilitate indirect clearing, any client of such clearing member will be permitted to provide indirect clearing services to one or more of its own clients, provided that the client of the clearing member is an authorised credit institution,investment firm or an equivalent third country credit institution or investment firm.
The Commission services are developing an internal procedure for the supervision, management andreview of the list of equivalent third countries. As from 2012, the FVO will carry out on-the-spot audits in listed third countries as part of its annual auditing.
Import regime Managed by In operation at the time of the audit List of recognised equivalent third countries the European Commission Yes List of recognised control bodies/authorities for the purpose of equivalence the European Commission No- First list of equivalent control bodies not published by the Commission at the time of the audit.
Until now, imported products were certified in accordance with the national rules of equivalent third countries or in accordance with some of the approximately 60 different sets of rules from control bodies which the EU recognised as equivalent to its own organic rules.
The services relate to shares admitted to trading on a regulated market or in an equivalent third country market, money market instruments, bonds or other forms of securitised debt(excluding those bonds or securitised debt that embed a derivative), UCITS and other non-complex instruments.;