Aid to shipbuilding (implementation of the OECD agreement)

The amended proposal put forward by the Commission retained Parliament's amendments recalling: - that the OECD agreement was to take effect on 01/01/1996, after the tabling of instruments of ratification, acceptance or approval by all parties to the agreement; - the significance of the OECD agreement on normal conditions of competition in the shipbuilding and ship repair industry. The Commission was unable to accept the other amendments. However, it did add a new recital indicating that the current measures contained in the directive should be temporarily deferred if the OECD agreement did not come into force on 01/01/1996. �