REFERENCE: GLI/274 26 September 1988

INTERNATIONAL DAIRY ARRANGEMENT

DONE AT GENEVA ON 12 APRIL 1979

I have the honour to furnish herewith, in accordance with paragraph (c) of Article VIII of the Arrangement, certified true copies of the Nineteenth, Twentieth and Twenty-First Procès-Verbaux relating to the Arrangement.

Arthur Dunkel

Director-General

NINETEENTH PROCES-VERBAL RELATING TO THE

INTERNATIONAL DAIRY ARRANGEMENT,

I, the undersigned, Arthur Dunkel, Director-General to the CONTRACTING PARTIES to the General Agreement on Tariffs and Trade, hereby certify that the Committee of the Protocol Regarding Certain Milk Powders, established in terms of Article VII:2(a) of the International Dairy Arrangement, done at Geneva on 12 April 1979, has decided on 20 September 1988, under Article 3:3 of the Protocol Regarding Certain Milk Powders, that the levels of the minimum prices specified in that Article be modified to US$1,050 per metric ton for skimmed milk powder, US$1,150 per metric ton for whole milk powder and US$1,050 per metric ton for buttermilk powder.

The schedule of price differentials according to milk fat content set forth in Annex I b to the Protocol Regarding Certain Milk Powders has consequently been modified. It is annexed to this Procès-Verbal.

This decision shall take effect at noon on 21 September 1988.

In witness whereof I have signed the present Procès-Verbal on

20 September 1988.

Certified true copy:

Director-General

Milk Fat content Minimum price

% US$/metric ton

Less than 2 1,050

Equal to or more than 2, less than 3 1,054

" " 3 " 4 1,058

" " 4 " 5 1,062

" " 5 6 1,066

" " 6 7 1,070

" 7 8 1,074

" 8 9 1,078

" 9 10 1,082

" 10 11 1,086

" 11 12 1,090

12 13 1,094

13 14 1,098

14 15 1,102

15 16 1,106

16 17 1,110

17 18 1,114

18 19 1,118

19 20 1,122

20 21 1,126

21 22 1,130

22 23 1,134

23 24 1,138

24 25 1,142

25 26 1,146

26 27 1,150

27 28 1,154

I, the undersigned, Arthur Dunkel, Director-General to the

CONTRACTING PARTIES to the General Agreement on Tariffs and Trade, hereby certify that the Committee of the Protocol Regarding Milk Fat, established in terms of Article VII:2(a) of the International Dairy Arrangement, done at Geneva on 12 April 1979, has decided on 20 September 1988, under Article 3:3 of the Protocol Regarding Milk Fat, that the levels of the minimum prices specified in that Article be modified to US$1,500 per metric ton for anhydrous milk fat and US$1,250 per metric ton for butter.

The schedule of price differentials according to milk fat content set forth in Annex II b to the Protocol Regarding Milk Fat has consequently been modified. It is annexed to this Procès-Verbal.

This decision shall take effect at noon on 21 September 1988.

In witness whereof I have signed the present Procès-Verbal on 20 September 1988.

Certified true copy:

Director-General

Milk fat content Minimum price

% US$/metric ton

Equal to or more than ... less than .. ..

... .. ..

79 80 1,237.50

80 82 1,250.00

82 83 1,275.00

83 84 1,287.50

84 85 1,300.00

85 86 1,312.50

86 87 1,325.00

87 88 1,337.50

88 89 1,350.00

89 90 1,362.50

90 91 1,375.00

91 92 1,387.50

92 93 1,400.00

93 94 1,412.50

94 95 1,425.00

95 96 1,437.50

96 97 1,450.00

97 98 1,462.50

98 99 1,475.00

99 99.5 1,487.50

99.5 1,500.00

INTERNATIONAL DAIRY ARRANGEMENT,

I, the undersigned, Arthur Dunkel, Director-General to the CONTRACTING PARTIES to the General Agreement on Tariffs and Trade, hereby certify that the Committee of the Protocol Regarding Certain Cheeses, established in terms of Article VII:2(a) of the International Dairy Arrangement, done at Geneva on 12 April 1979, has decided on 20 September 1988, under Article 3:3 of the Protocol Regarding Certain Cheeses, that the level of the minimum price specified in that Article be modified to US$ 1,350 per metric ton.

This decision shall take effect at noon on 21 September 1988.

In witness whereof I have signed the present Procès-Verbal on 20 September 1988.

Arthur Dunkel

Director-General

Geneva

Certified true copy:

Director-General