Geographical breakdown levels

2018/3002(DEA)

The European Parliament declared it has no objections to the Commission delegated regulation of 19 December 2018 amending Annex I to Regulation (EC) 184/2005 of the European Parliament and of the Council, as regards the geographical breakdown levels.

Regulation (EC) No 184/2005 establishes a common framework for the systematic production of Community statistics on balance of payments, international trade in services and foreign direct investment.

Withdrawal of the United Kingdom from the Union would have the consequence that the United Kingdom would become a third country and therefore Community statistics concerning balance of payments, international trade in services and foreign direct investment would have to reflect the United Kingdom as a third country, rather than a Member State.

The only modifications that the delegated regulation provides are to classify the United Kingdom as a third country for the purposes of application of Regulation (EC) No 184/2005.