CHAPTER IIIMPORTS OF PROCESSED AGRICULTURAL PRODUCTS

SECTION IVInward Processing

Subsection Iinward processing without examination of the economic conditions

Article 18Inward processing of agricultural products without examination of the economic conditions

1

Where non-Annex I goods are obtained from agricultural products listed in Annex III to this Regulation under inward processing, the economic conditions referred to in Article 117(c) of Regulation (EEC) No 2913/92 shall be deemed to have been fulfilled on presentation of an inward processing certificate for those agricultural products.

2

Inward processing certificates shall be issued for agricultural products used in the manufacturing of the non-Annex I goods within the limits of quantities determined by the Commission.

Those quantities shall be determined by balancing, on the one hand, the compulsory budgetary limits for export refunds for non-Annex I goods and, on the other hand, the expected expenditure requirements for export refunds for non-Annex I goods, and in particular, by taking account of:

a

the estimated volume of exports of the non-Annex I goods concerned;

b

the Union market and world market situation of the relevant basic products, where applicable;

c

economic and regulatory factors.

The quantities shall be reviewed at regular intervals in order to take account of developments in economic and regulatory factors.

3

Member States shall issue the inward processing certificates referred to in paragraph 1 to any applicant for a certificate who is established in the Union, irrespective of that applicant’s place of establishment.

Inward processing certificates shall be valid throughout the Union.