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PR(96)04: EFTA Surveillance Authority authorises prolongation of shipbuilding aid in Norway


The EFTA Surveillance Authority has today decided not to raise objections to a prolongation of Norwegian aid schemes in support of the shipbuilding industry.

Following the decision on 4 March 1996 by the EEA Joint Committee, that the Shipbuilding Directive (90/684/EEC) shall continue to apply within the European Economic Area, and the decision on 27 March 1996 by the EFTA Surveillance Authority, that the ceiling on operating aid to shipbuilding in 1996 shall remain the same as in 1995, the aid discipline applicable to the shipbuilding sector under the EEA Agreement as from 1 January 1996 is the same as the rules which applied from 1 May to 31 December 1995.

Today's decision covers prolongation of the following three Norwegian aid schemes applicable to the shipbuilding sector, which the Authority assessed and authorized already in 1995: Grants for shipbuilding, newbuildings and conversions; Export credit guarantee for ships and the Guarantee scheme for ship construction.

The aid schemes have not been subject to any substantive changes from the previous year. The aid level under the grant scheme will be 9 % of the contract value before aid for ships whose contract value is at least ECU 10 million and 4,5 % for smaller ships with a contract value below ECU 10 million as well as for all conversions.

The schemes will apply to new binding contracts entered into as from 1 January 1996 until the OECD Agreement respecting normal competitive conditions in the commercial shipbuilding and repair industry enters into force, and until 30 September 1996 at the latest, on the condition that delivery takes place not later than 31 December 1998.

For further information please contact Gudlaugur Stefánsson (Competition and State Aid Directorate) on tel. 28618 52 or Jorma Pihlatie on tel. 286 18 50



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