REFERENCE: GLI/274 28 March 1988

INTERNATIONAL DAIRY ARRANGEMENT

DONE AT GENEVA ON 12 APRIL 1979

I have the honour to furnish herewith, in accordance with paragraph l(c) of Article VIII of the Arrangement, certified true copies of the Sixteenth, Seventeenth and Eighteenth Procès-Verbaux relating to the Arrangement.

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 22 March 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$900 per metric ton for skimmed milk powder, US$1,000 per metric ton for whole milk powder and US$900 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.

22 March 1988.

Certified true copy:

Director-General

Milk Fat Content Minimum price

% US$/metric ton

Less than 2 900

Equal to or more than 2, less than 3 904

3 4 908

4 5 912

5 6 916

6 7 920

7 8 924

8 9 928

9 10 932

10 11 936

11 12 940

12 13 944

13 14 948

14 15 952

15 16 956

16 17 960

17 18 964

18 19 968

19 20 972

20 21 976

21 22 980

22 23 984

23 24 988

24 25 992

25 26 996

26 27 1,000

27 28 1,004

SEVENTEENTH 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 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 22 March 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$1,325 per metric ton for anhydrous milk fat and US$1,100 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 23 March 1988.

In witness whereof I have signed the present Procès-Verbal on 22 March 1988.

Certified true copy:

Director-General

Milk fat content Minimum price

% US$/metric ton

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

79 80 1,088.75

80 82 1,100.00

82 83 1,122.50

83 84 1,133.75

84 85 1,145.00

85 86 1,156.25

86 87 1,167.50

87 88 1,178.75

88 89 1,190.00

89 90 1,201.25

90 91 1,212.50

91 92 1,223.75

92 93 1,235.00

93 94 1,246.25

94 95 1,257.50

95 96 1,268.75

96 97 1,280.00

97 98 1,291.25

98 99 1,302.50

99 99.5 1,313.75

99.5 1,325.00

EIGHTEENTH 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 Cheeses, established in terms of Article VII:2(a) of the International Dairy Arrangement, done at Geneva on 12 April 1979, has decided on "2 March 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$1,200 per metric ton.

This decision shall take effect at noon on 23 March 1988.

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

22 March 1988.

Certified true copy:

Director-General