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ANNEX XLII

DECLARATION OF THE ACP STATES ON THE SCHEME FOR MINERAL PRODUCTS

1 . THE ACP STATES APPRECIATE THE INTRODUCTION OF A SCHEME FOR THE TREATMENT OF THE ACP / EEC TRADE IN MINERAL PRODUCTS .

2 . THE ACP STATES HOWEVER REGRET THAT THE PROVISIONS OF TITLE III , BY NOT STABILIZING THE EXPORT EARNINGS OF THE ACP STATES FROM THOSE MINERAL PRODUCTS , DO NOT ADEQUATELY MEET THE PROBLEMS OF THE ACP COUNTRIES WHOSE ECONOMIES ARE HEAVILY DEPENDENT ON EXPORTS OF MINERAL PRODUCTS .

3 . THE ACP STATES REQUEST THE COMMUNITY TO AGREE TO RE-EXAMINE THE ENTIRE SCHEME EARLY IN THE IMPLEMENTATION PERIOD WITH A VIEW TO IMPROVING IT AND WIDENING ITS PROVISIONS TO TAKE ACCOUNT OF THE ECONOMIC EFFECTS ON THE PRODUCING STATES OF INSTABILITY IN THE EXPORT EARNINGS FROM MINERALS PRODUCTS .

4 . FURTHERMORE , THROUGHOUT THE NEGOTIATIONS FOR THE NEW CONVENTION OF LOME , THE ACP STATES SUBMITTED A SERIES OF REQUESTS FOR THE INCLUSION OF A NUMBER OF MINERAL PRODUCTS IN THE SYSTEM APPLICABLE TO THIS CATEGORY OF PRODUCTS .

5 . THE COMMUNITY , HOWEVER DID NOT ACCEPT THE INCLUSION OF SOME OF THESE PRODUCTS .

6 . THE ACP STATES STRESS THE IMPORTANCE OF THESE PRODUCTS FOR THE ECONOMIES OF CERTAIN ACP STATES AND EMPHASIZE THE NEED FOR THE COMMUNITY TO CONTINUE THE EXAMINATION OF THESE REQUESTS WITH A VIEW TO HAVING THESE PRODUCTS INCLUDED IN THE COURSE OF THE IMPLEMENTATION OF THE SECOND CONVENTION OF LOME .