Through Which "international Sugar Agreement, 1992" Signed In Geneva On 20 March 1992 Is Approved

Original Language Title: Por medio de la cual se aprueba el "Convenio Internacional del Azúcar, 1992", suscrito en Ginebra el 20 de marzo de 1992

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214 OF 1995

(October 26)

Official Journal, No. 42,064, October 26, 1995

By means of which the "International Sugar Convention, 1992", signed in Geneva on March 20, 1992, is approved.

Vigency Notes Summary

COLOMBIA CONGRESS

Having the text of the " International Sugar Convention,

1992, signed in Geneva on 20 March 1992.

International Sugar Convention, 1992

United Nations 1992

CHAPTER I.

GOALS

ARTICLE 1o. GOALS. The objectives of the International Sugar Convention, 1992 (hereinafter referred to as this Convention), taking into account the terms of Resolution 93 (IV) approved by the United Nations Conference on Trade and Development, are:

(a) To achieve greater international cooperation in sugar matters and issues related to them;

b) Provide a forum for intergovernmental consultations on sugar and the means to improve the global sugar economy;

c) Facilitate the trade in sugar by collecting and publishing information on the global sugar market and other sweeteners;

d) Promote increased demand for sugar, especially for non-traditional uses.

CHAPTER II.

DEFINITIONS

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ARTICLE 2o. DEFINITIONS. For the purposes of this Convention:

1. "Organization" means the International Sugar Organization referred to in Article 3.

2. 'Council' means the International Sugar Council referred to in paragraph 3 of Article 3o.

3. "Member" means a party to this Convention.

4. A "special vote" means a vote requiring at least two-thirds of the votes cast by the Members present and voters, provided that these votes are cast by at least two-thirds of the number of Members. and voters.

5. "Simple majority" means a vote requiring more than half of the total votes of the Members present and voters, provided that these votes are cast by at least half of the number of Members present and voters.

6. "Year" means the calendar year.

7. 'Sugar' means sugar in any of its recognised commercial forms derived from sugar cane or sugar beet, including edible and fine molasses, syrups and any other form of liquid sugar, but the The term does not include the final molasses or the low quality non-centrifugal sugar classes produced by primitive methods.

8. 'Entry into force' means the date on which this Convention enters into force provisionally or definitively, as provided for in Article 40.

9. 'Free market' means the total net imports of the world market, with the exception of those resulting from the operation of special agreements as defined in Chapter IX of the International Sugar Convention, 1977.

10. 'Global market' means the international sugar market and includes both the sugar traded on the free market and the sugar traded under special agreements as defined in Chapter IX of the Convention International Sugar, 1977.

CHAPTER III.

THE INTERNATIONAL SUGAR ORGANIZATION

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ARTICLE 3o. CONTINUATION, HEADQUARTERS AND STRUCTURE OF THE INTERNATIONAL SUGAR ORGANIZATION.

1. The International Sugar Organization established under the International Sugar Convention; 1968, and maintained under the International Sugar Conventions, 1973, 1977, 1984 and 1987 will continue its existence in order to put in place (a) to implement this Convention and to monitor its implementation, with the composition, powers and functions set out therein.

2. The Organization will be based in London, unless the Council decides otherwise by special vote.

3. The Organization will operate through the International Sugar Council, its Administrative Committee and its Executive Director, and its staff.

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ARTICLE 4. MEMBERS OF THE ORGANIZATION. Each party to this Convention shall be a member of the Organization.

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ARTICLE 5o. PARTICIPATION OF INTERGOVERNMENTAL ORGANIZATIONS. Any reference made in this Convention to a "government" or "governments" shall be interpreted as including the European Economic Community and any other organization (a) an intergovernmental body which is competent for the negotiation, conclusion and implementation of international conventions, in particular conventions on commodities. Consequently, any reference to the signature, ratification, acceptance or approval of this Convention, or to the notification of provisional application, or to accession, shall be interpreted, in the case of those intergovernmental organizations, in the sense that it includes a reference to the signature, ratification, acceptance or approval, or notification of provisional application, or accession, by those intergovernmental organisations.

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ARTICLE 6o. PRIVILEGES AND IMMUNITIES.

1. The Organization shall have international legal personality.

2. The Organization shall have the capacity to contract, to acquire and dispose of movable and immovable property and to litigate.

3. The legal status, privileges and immunities of the Organization in the territory of the United Kingdom shall continue to be governed by the Agreement on the seat of the Government of the United Kingdom of Great Britain and Northern Ireland and the Organization International Sugar Agreement signed in London on 29 May 1969, with any amendments which may be necessary for the proper functioning of this Convention.

4. If the seat of the Organization is transferred to a country which is a member of the Organization, that member shall, as soon as possible, conclude an agreement, which shall be approved by the Council, concerning the legal status, privileges and the immunities of the organisation, its Executive Director, its staff and its experts, as well as the representatives of the Members as long as they are in that country to perform their duties.

5. Unless other tax provisions are adopted in the agreement referred to in paragraph 4 of this article and until such agreement is concluded, the new Guest Member:

a) Grant tax exemption on the remuneration paid by the Organization to its officials, with the exception that such exemption will not necessarily apply to its own nationals, and

b) Grant tax exemption on the assets, income and other assets of the Organization.

6. If the seat of the Organization is to be transferred to a country other than a member of the Organization, the Council shall seek a written assurance from the Government of that country prior to that transfer that:

a) You will celebrate as soon as possible with the Organization an agreement as provided for in paragraph 4 of this article, and

(b) Grant, until such agreement is concluded, the exemptions provided for in paragraph 5 of this Article.

7. The Council shall endeavour to conclude the agreement provided for in paragraph 4 of this Article with the Government of the country to which the seat of the Organization is to be moved before the shipment is made.

CHAPTER IV.

THE INTERNATIONAL SUGAR COUNCIL

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ARTICLE 7o. COMPOSITION OF THE INTERNATIONAL SUGAR COUNCIL.

1. The supreme authority of the Organization shall be the International Sugar Council, which shall be composed of all Members of the Organization.

2. Each Member shall have a representative in the Council and, if he wishes, one or more alternates. In addition, each Member may appoint one or more advisers to his or her representative or his alternates.

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ARTICLE 8o. COUNCIL POWERS AND FUNCTIONS.

1. The Council shall exercise all powers and shall, or shall carry out, all the functions necessary to comply with the provisions of this Convention and to proceed to the liquidation of the Financing Fund. Stocks established pursuant to Article 49 of the International Sugar Convention, 1977, as delegated by the Council of that Convention to the Council established under the International Sugar Convention, 1984 and the International Convention of the Sugar, 1987 in accordance with Article 8 (1). of the latter.

2. The Council, by special vote, shall adopt the rules and regulations which are necessary for the implementation of this Convention and which are compatible with its provisions, including the regulations of the Council and its committees, as well as the rules of procedure. The Financial Regulation of the European Parliament and of the Council. The Council may, in its rules of procedure, provide for a procedure for deciding on certain matters without meeting.

3. The Council shall keep the records necessary to carry out the tasks conferred upon it by this Convention and any other records it deems appropriate.

4. The Council shall publish an annual report and any other information it deems appropriate.

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ARTICLE 9o. PRESIDENT AND VICE-PRESIDENT OF THE COUNCIL.

1. For each year, the Council shall elect among the delegations a President and a Vice-President, who may be re-elected and shall not be remunerated by the Organization.

2. In the absence of the President, the duties of his post shall be performed by the Vice-President. In the event of the simultaneous temporary absence of the President and the Vice-President, or in the event of a permanent absence of one or both of them, the Council may elect a new President and a new Vice-President from among the members of the delegations. temporary or permanent character as the case may be.

3. Neither the President nor any other Bureau member who chairs the Council meetings shall have the right to vote. They may, however, designate another person to exercise the voting rights of the member they represent.

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ARTICLE 10. COUNCIL MEETINGS.

1. As a general rule, the Council shall hold an ordinary meeting each year.

2. In addition, the Council shall hold extraordinary meetings if it so decides or at the request of:

a) Five Members Any;

(b) Two or more Members who in accordance with Article 11 collectively have 250 or more votes distributed as determined in Article 25, or

c) The Administrative Committee.

3. The convening of the meetings will have to be notified to Members with at least 30 calendar days in advance, except in cases of emergency, in which notification will have to be made with at least 10 calendar days in advance.

4. Meetings shall be held at the headquarters of the Organization, unless the Council decides otherwise by special vote. If a Member invites the Council to meet in a place other than that of the seat of the Organization, and the Council so agrees, that Member shall bear the additional costs involved.

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ARTICLE 11. VOTES.

1. For the purposes of voting under this Convention, Members shall have a total of 2,000 votes, distributed as determined in Article 25.

2. Where the right to vote of a Member is suspended in accordance with paragraph 2 of Article 26 of this Convention, their votes shall be distributed among the other Members in accordance with the relevant portions as determined in Article 25. The same procedure shall be followed when the right to vote of the Member in question is restored, which shall be included in the distribution.

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ARTICLE 12. THE COUNCIL ' S VOTING PROCEDURE.

1. Each Member shall be entitled to issue the number of votes it has in accordance with Article 11, distributed as determined in Article 25. He will not be entitled to split those votes.

2. Whenever a written report to the President is made, any Member may authorise any other Member to represent its interests and cast its votes at any Council session or session. A copy of these authorisations shall be examined by the Committee for the Verification of Powers which may be established in accordance with the Council Regulation.

3. A Member authorized by another Member to cast votes in accordance with Article 11, distributed as determined in Article 25, shall issue such votes in accordance with the authorization and in accordance with paragraph 2 of this Article.

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ARTICLE 13. COUNCIL DECISIONS.

1. The Council shall adopt all its decisions and recommendations in principle by consensus. If there is no consensus, decisions and recommendations shall be adopted by a simple majority, unless the present Convention requires a special vote.

2. In the calculation of the votes required to take any decision of the Council, abstentions shall not be counted as votes and Members who abstain shall not be considered as "voters" for the purposes of definitions 4 or 5, whichever is the Article 2 (2) (c). Where a Member is engaged in the provisions of Article 12 and its votes are cast in a Council session, it shall be considered as a present and voting Member for the purposes of paragraph 1. of this article.

3. All decisions taken by the Council in accordance with this Convention shall be binding upon Members.

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ARTICLE 14. COOPERATION WITH OTHER ORGANIZATIONS.

1. The Council shall take all appropriate measures to hold consultations or to cooperate with the United Nations and its bodies, in particular the United Nations Conference on Trade and Development, and with the United Nations for Agriculture and Food and other specialized agencies of the United Nations and intergovernmental organizations, as appropriate.

2. The Council, bearing in mind the special role of the United Nations Conference on Trade and Development in the International Trade in Commodities, shall keep the United Nations Conference on Trade and Development informed, as appropriate, of the Trade and Development of its activities and work programmes.

3. The Council may also take all appropriate measures to maintain effective contact with international organisations of producers, traders and sugar manufacturers.

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ARTICLE 15. RELATIONSHIPS WITH THE COMMON FUND FOR BASIC PRODUCTS.

1. The Organization shall make full use of the services of the Common Fund for Basic Products.

2. With respect to the execution of any project carried out pursuant to paragraph 1 of this Article, the Organization shall not act as a executing agency or contract any financial obligation for the guarantees given by Members or other entities. No Member, as a Member of the Organization, may be charged any liability for the loans granted or the borrowings taken by another Member or entity in connection with such projects.

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ARTICLE 16. ADMISSION OF OBSERVERS.

1. The Council may invite any non-member State to attend any of its meetings as an observer.

2. The Council may also invite any of the organisations referred to in paragraph 1 of Article 14 to attend any of its meetings as an observer.

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ARTICLE 17. QUURUM FOR COUNCIL SESIONS.

It shall constitute a quorum for any Council session the presence of more than two-thirds of all Members, provided that the Members present have at least two-thirds of the total votes of all Members indicated in the article. 11 and distributed as determined in Article 25. If there is no quorum on the day set for the opening of a Council meeting, or if during any Council meeting there is no quorum in three successive sessions, the Council shall be convened for seven days thereafter; thereafter, and for the remainder of that meeting, the quorum shall be constituted by the presence of more than half of all Members, provided that the Members present represent more than half of the total votes of all the Members indicated in Article 11 and distributed as determined in Article 25.

Members represented in accordance with paragraph 2 of Article 12 shall be considered present.

CHAPTER V.

THE ADMINISTRATIVE COMMITTEE

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ARTICLE 18. COMPOSITION OF THE ADMINISTRATIVE COMMITTEE.

1. The Administrative Committee shall consist of 18 members. Ten of them will, in principle, be the ten Members who are the largest financial contributors in each year, and eight will be elected among the remaining Members of the Council.

2. If one or more of the ten largest financial contributors in each year do not want to be automatically appointed to be part of the Administrative Committee, their posts will be covered by designating the following or the following Senior Members financial contributors who are willing to be part of the Committee.  

Once these ten members of the Administrative Committee have been appointed by this procedure, the other eight members of the Committee shall be elected from among the remaining members of the Board.

3. The choice of the eight additional members shall be held each year on the basis of the votes referred to in Article 11 and distributed as determined in Article 25. The Members designated pursuant to paragraph 1 or paragraph 2 of this Article to be part of the Administrative Committee shall not have the right to vote in that election.

4. No Member may be part of the Administrative Committee if it has not paid its full contribution in accordance with Article 26.

5. Each member of the Administrative Committee shall appoint a representative and may appoint one or more alternates and advisers. In addition, all Council Members shall have the right to participate in the sessions as observers and may be invited to take the floor.

6. The Administrative Committee shall elect a President and a Vice-President each year. The President shall not have the right to vote and may be re-elected. In the absence of the President, the Vice President shall assume the duties of the office.

7. The Administrative Committee shall meet normally three times a year.

8. The Administrative Committee shall meet at the headquarters of the Organization, unless it decides otherwise. If a member invites the Administrative Committee to meet in a place other than that of the organization's headquarters, and the Administrative Committee agrees, that member shall bear the additional costs involved.

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ARTICLE 19. ELECTION OF THE ADMINISTRATIVE COMMITTEE.

1. Members chosen among the Members who are the largest financial contributors in each year in accordance with the procedure laid down in paragraph 1 or Article 18, paragraph 2, shall be appointed to the Administrative Committee.

2. The other eight members of the Administrative Committee will be elected in the Council. Each Member with a right to vote in accordance with the provisions of Article 18 (1), (2) and (3) shall issue in favour of a single candidate all the votes to which he is entitled under Article 11 and distributed as determined in the Article 25. A Member may vote in favour of another candidate for the votes to be issued in accordance with Article 12 (2). The eight candidates with the highest number of votes will be elected.

3. If the exercise of the right to vote of a member of the Administrative Committee is suspended in accordance with any of the relevant provisions of this Convention, each of the Members who have voted for it or have assigned their votes to it in accordance with this Article, during the time the suspension is in force, it may assign its votes to any other member of the Committee.

4. If a Member appointed to be a member of the Committee in accordance with the provisions of paragraph 1. or Article 18, paragraph 2, ceases to be a member of the Organization, shall be replaced by the next member of the largest financial contributor who is willing to be part of the Committee and, if necessary, an election shall be held to choose a Additional elected member of the Committee. If an elected member of the Committee ceases to be a member of the Organization, an election shall be held to replace that member in the Committee. Any Member who has voted for the Member who ceased to be a member of the Organization, or has assigned his votes to it, and who does not vote for the Member elected to fill the Committee's vacancy, may assign his votes to another member of the Committee.

5. In special circumstances, and after consulting with the member of the Administrative Committee for which he has voted or who has assigned his votes in accordance with this Article, any Member may withdraw its votes to that member. for the rest of the year. He may then assign those votes to another member of the Administrative Committee, but he will not be able to withdraw those votes to that other member for the rest of that year. The member of the Administrative Committee to whom the votes have been withdrawn shall retain his position in the Administrative Committee for the remainder of that year. Any measure adopted in accordance with this paragraph shall take effect after it has been communicated in writing to the Chairman of the Administrative Committee.

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ARTICLE 20. DELEGATION OF POWERS OF THE COUNCIL TO THE ADMINISTRATIVE COMMITTEE.

1. The Council, by special vote, may delegate to the Administrative Committee the exercise of all or some of its powers, with the exception of the following:

(a) The location of the headquarters of the Organization in accordance with paragraph 2 of Article 3o.;

(b) The appointment of the Executive Director and any senior official in accordance with Article 23;

(c) The approval of the administrative budget and the determination of contributions in accordance with Article 25;

(d) Any request addressed to the Secretary-General of the United Nations Conference on Trade and Development to convene a negotiation conference pursuant to paragraph 2 of Article 35;

e) The recommendation for amendments in accordance with Article 44;

(f) The extension or termination of this Convention in accordance with Article 45.

2. The Council may, at any time, revoke the delegation of any of its powers to the Administrative Committee.

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ARTICLE 21. VOTING PROCEDURE AND DECISIONS OF THE ADMINISTRATIVE COMMITTEE.

1. Each member of the Administrative Committee shall be entitled to issue the number of votes he has received in accordance with Article 19 and shall not divide them.

2. Any decision taken by the Administrative Committee shall require the same majority as required to be adopted by the Council and shall be communicated to the Council.

3. Any Member shall have the right to appeal to the Council, under the conditions laid down in its Rules of Procedure, against any decision of the Administrative Committee.

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ARTICLE 22. QUORUM FOR MEETINGS OF THE ADMINISTRATIVE COMMITTEE. The presence of more than half of all members of the Committee shall be the quorum for all sessions of the Administrative Committee, provided that the members present represent at least two thirds of the total votes of all members of the committee.

CHAPTER VI.

EXECUTIVE DIRECTOR AND STAFF

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ARTICLE 23. THE EXECUTIVE DIRECTOR AND THE STAFF.

1. The Council shall appoint by special vote the Executive Director. The Council shall lay down the conditions of employment of the Executive Director.

2. The Executive Director shall be the senior administrative officer of the Organization and shall be responsible for the implementation of all the tasks incumbent upon it in the implementation of this Convention.

3. The Council shall, after consulting the Executive Director, appoint by special vote all senior officials, subject to the conditions to be determined.

4. The Executive Director shall appoint the other officials in accordance with the Council Regulation and decisions.

5. The Council, acting in accordance with Article 8o, shall adopt the rules and regulations governing the basic conditions of employment and the fundamental rights, functions and obligations of all officials of the Secretariat.

6. Neither the Executive Director nor any staff member may have any financial interest in the sugar industry or trade.

7. In the performance of the duties incumbent upon them under this Convention, neither the Executive Director nor any member of staff shall request or receive instructions from any Member or any authority other than the Organization. They shall refrain from acting in any way incompatible with their status as international officials responsible solely to the Organization. Each Member shall respect the exclusively international character of the functions of the Executive Director and the staff, and shall not seek to influence them in the performance of the duties.

CHAPTER VII.

FINANCIAL PROVISIONS.

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ARTICLE 24. EXPENSES.

1. The expenditure of the delegations to the Council, the Administrative Committee or any of the committees of the Council or the Administrative Committee shall be borne by the members concerned.

2. The expenditure necessary for the implementation of this Convention shall be borne by annual contributions from the members, determined in accordance with Article 25. However, if a Member requests special services, the Council may require payment of such services.

3. Adequate accounting shall be carried out for the implementation of this Convention.

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ARTICLE 25. APPROVAL OF THE ADMINISTRATIVE BUDGET AND CONTRIBUTIONS OF MEMBERS.

1. For the purposes of this article, members will have 2,000 votes.

2. (a) Each member shall have the number of votes specified in the Annex, which shall be adjusted in accordance with the provisions of paragraph (d) of this Article;

b) No members shall have less than 6 votes;

c) There will be no fractional votes. The figures in the calculation process may be rounded up for all votes to be allocated;

(d) The votes in the Annex which are not allocated at the time of entry into force of this Convention shall be divided among the various members, except those assigned to 6 votes in the Annex. Unallocated votes shall be distributed in the proportion that exists between the number of votes allocated in the Annex and the total votes of all members with more than 6 votes.

3. Votes shall be reviewed each year in accordance with the following procedure:

(a) Each year, including the year in which this Convention enters into force, when the Sugar Yearbook of the International Sugar Organization is published, the compound tonnage of each member shall be calculated, comprising:

35% of that member's total exports to the free market plus 15% of that member's total exports resulting from special agreements plus 35% of that member's imports in the free market plus 15% of the total exports of that member to the free market total imports of that Member resulting from special agreements.

The data used to calculate the composite tonnage of each Member shall be, for each of the above categories, the average of that category for the highest 3 years of the last 4 years published in the most recent edition of the Yearbook. of the Sugar of the International Sugar Organization. The part of the total tonnage made up of all members corresponding to each member shall be calculated by the Executive Director. All this data will be provided to the members when the calculations are performed;

(b) For the second year after the entry into force of this Convention and subsequent years, the votes of each Member shall be adjusted according to the variation of their share of the total tonnage made up of all members in respect of their share of the total of those same members the year before;

(c) No increase shall be applied to members who have 6 votes under the provisions of paragraph (b) of this paragraph, where their share of the total tonnage of all members exceeds 0.3%.

4. In the event that one or more members adhere to the entry into force of this Convention, their votes shall be determined in accordance with the Annex, adjusted in the light of paragraphs 2 and 3 of this Article. If the member or members who adhere do not appear in the Annex to this Convention, the Council shall decide on the number of votes to be allocated to them. Upon acceptance by the Member or Members who adhere and which do not appear in the Annex to the number of votes allocated by the Council, the votes of the existing Members shall be recalculated in such a way that the total votes remain at 2,000.

5. In the event that one or more members withdraw, the votes of that member or those members shall be redistributed among the remaining members in the proportion of their share of the total votes of all the remaining members so that the total of the All members ' votes remain at 2,000.

6. Transitional provisions:

(a) The following provisions apply only to the Members of the International Sugar Convention, 1987 to 31 December 1992 and are limited to the first two calendar years after the entry into force of this Convention (i.e. up to the 31 December 1994);

(b) The total number of votes allocated to each Member in 1993 shall be no more than 1.33 multiplied by the votes of that Member in 1992, in accordance with the International Sugar Convention, 1987, and in 1994 shall not be more than 1.66 multiplied by the votes of that Member in 1992 under the International Sugar Convention, 1987;

(c) For the purposes of determining the contribution per vote, the unallocated votes as a result of the application of paragraph 6 (b) of this Article shall not be redistributed among the other Members. The contribution per vote will therefore be determined on the basis of the total number of votes.

7. The provisions of Article 26, paragraph 2, concerning the suspension of the right to vote for non-compliance with obligations, shall not apply to this Article.

8. During the second half of each year, the Council shall approve the administrative budget of the organization for the following year and shall determine the amount of the contribution per vote to be paid by the Members to cover that budget in the First two years, taking into account the provisions of paragraph 6 of this article.

9. The contribution of each Member to the budget shall be calculated by multiplying the contribution per vote by the number of votes corresponding to it under this Article, as follows:

a) For those who are Members at the time of the final approval of the administrative budget, the number of votes they have then, and

(b) For those who become Members after the approval of the administrative budget, the number of votes allocated to them at the time of their entry, adjusted in proportion to the remainder of the period covered by the budget or budgets. The contributions to the other Members shall not be amended.

10. If this Convention enters into force when more than eight months are missing for the beginning of its first full year, the Council shall, in its first meeting, approve an administrative budget for the period until the beginning of the first full year. Otherwise, the first administrative budget shall cover both the initial and the first full year.

11. The Council may, by special vote, take the measures it considers appropriate to mitigate the effects on the contributions of Members of a limited participation in this Convention at the time of the adoption of the budget. (a) administrative arrangements for the first year of the Convention or any significant reduction in the number of its Members.

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ARTICLE 26. PAYMENT OF CONTRIBUTIONS.

1. Members shall pay their contributions to the administrative budget for each year in accordance with their respective constitutional procedures. The contributions to the administrative budget of each year shall be paid in freely convertible currencies and shall be payable on the first day of that year, the contributions of the Members corresponding to the year in which they enter the Organization shall be required on the date on which they become Members.

2. If a Member has not paid his full contribution to the administrative budget within a period of four months from the date on which his contribution is due in accordance with paragraph 1 of this Article, the Executive Director shall require him to make the payment as quickly as possible. If, within two months of the date of such request, the Member has not yet paid his contribution, his right to vote in the Council and the Administrative Committee shall be suspended until he has paid his full contribution. contribution.

3. The Council may decide, by special vote, that the Member who has not paid his contributions in two years shall cease to enjoy his Member's rights and shall no longer be allocated any contribution for budgetary purposes. That Member shall continue to be obliged to comply with its other financial obligations under this Convention. The Member shall recover his rights if he pays the arrears. Payments made by Members who are late in the payment of their contributions shall be credited first to the settlement of such arrears, rather than to the payment of current contributions.

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ARTICLE 27. CHECKING AND PUBLISHING ACCOUNTS.

As soon as possible after the end of each year, the financial statements of the Organization corresponding to that year, verified by an independent auditor, shall be submitted to the Council for approval and publication.

CHAPTER VIII.

MEMBER GENERAL COMMITMENTS

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ARTICLE 28. MEMBER COMMITMENTS. The members undertake to take the measures necessary to comply with the obligations under this Convention and to cooperate fully with each other for the achievement of the obligations of the Member States. objectives of this Convention.

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ARTICLE 29. LABOUR STANDARDS. Members shall ensure the maintenance of fair labour standards in their respective sugar industries and, as far as possible, seek to improve the standard of living of agricultural and industrial workers in the different classes of sugar production and sugar cane and sugar beet growers.

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ARTICLE 30. ENVIRONMENTAL ASPECTS. Members shall take due consideration of the environmental aspects of all phases of sugar production

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ARTICLE 31. FINANCIAL RESPONSIBILITY OF THE MEMBERS. The financial responsibility of each Member for the Organization and the other Members is limited to the obligations related to their contributions, to the administrative budgets approved by the Council pursuant to this Convention.

CHAPTER IX.

INFORMATION AND STUDIES

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ARTICLE 32. INFORMATION AND STUDIES.

1. The Organization shall act as a centre for the gathering and publication of statistical information and studies on production, prices, exports and imports, consumption and stocks of sugar (including both crude and oil). the refined sugar as appropriate) and other sweeteners, and taxes on sugar and other sweeteners in the world.

2. The Members undertake to supply within the period prescribed in the Regulation all the statistics at their disposal and all the information required by that Regulation to enable the Organization to carry out the duties. which is conferred on it by this Convention. If necessary, the Organization shall use the relevant information it may obtain from other sources. The Organization shall not publish any information that may be used to identify the operations of persons or companies that produce, develop or market sugar.

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ARTICLE 33. ASSESSMENT OF THE MARKET, CONSUMPTION AND STATISTICS OF SUGAR.

1. The Council shall establish a Committee for the Evaluation of the Market, Consumption and Sugar Statistics composed of all Members, which shall be chaired by the Executive Director.

2. The Committee shall keep the matters relating to the world economy of sugar and sweeteners under continuous review and shall inform the Members of the outcome of its deliberations. To this end, it will normally meet twice a year. In its examination, the Committee shall take into account all the information of interest collected by the Organization in accordance with Article 32.

3. The Committee shall carry out activities in the following

:

(a) The preparation of sugar statistics and statistical analysis of production, consumption, stocks, international trade and sugar prices;

(b) The analysis of market behaviour and the factors influencing it, with particular reference to the participation of developing countries in world trade;

(c) The analysis of the demand for sugar, including the effects of the use of any form of natural or artificial substitutes for sugar on world trade and sugar consumption;

d) Any other matter approved by the Council.

4. Each year the Council shall examine a draft programme of future work, with estimates of the resource needs, prepared by the Executive Director.

CHAPTER X.

RESEARCH AND DEVELOPMENT

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ARTICLE 34. RESEARCH AND DEVELOPMENT. In order to achieve the objectives set out in Article 1, the Council may assist in scientific research and development in the field of the sugar economy, as well as in the dissemination and practical implementation of the results achieved in this field. To this end, the Council may cooperate with international organisations and research institutions, provided that it does not incur additional financial obligations.

CHAPTER XI.

PREPARATIONS FOR A NEW CONVENTION

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ARTICLE 35. PREPARATIONS FOR A NEW CONVENTION.

1. The Council may examine the possibilities for negotiating a new international sugar convention, including a possible convention with economic provisions, and inform Members and make recommendations as it deems appropriate.

2. The Council may, as soon as it deems appropriate, request the Secretary-General of the United Nations Conference on Trade and Development to convene a negotiation conference.

CHAPTER XII.

FINAL PROVISIONS

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ARTICLE 36. DEPOSITARY. By this Article, the Secretary-General of the United Nations shall be appointed as the depositary of this Convention.

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ARTICLE 37. FIRST. This Convention shall be open at the Headquarters of the United Nations, from the 1st. In May 1992, until 31 December 1992, the United Nations Conference on Sugar was signed by any government at the invitation of the United Nations Conference on Sugar.

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ARTICLE 38. RATIFICATION, ACCEPTANCE AND APPROVAL.

1. This Convention shall be subject to ratification, acceptance or approval by the signatory governments, in accordance with their respective constitutional procedures.

2. The instruments of ratification, acceptance or approval shall be deposited with the depositary by 31 December 1992 at the latest. The Council may, however, grant extensions to signatory governments which have not been able to deposit their instruments by that date.

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