RESOLUTION COMEX 3/2003

APPROVAL OF THE 2004 FINANCIAL YEAR BUDGET

THE GENERAL ASSEMBLY OF THE INTERNATIONAL OFFICE OF VINE AND WINE,

IN VIEW of the amount of outstanding financial contributions still to be received for 31 December 2002 amounting to 417,763.49 euros;

IN VIEW of the hypotheses for the 2004 financial year budget presented by the Director General,

CONSIDERING the arrears of unpaid financial contributions that have put the treasury and the financial balance of the OIV in difficulty;

APPROVES the initial budget for the 2004 financial year, corresponding to hypothesis A1 for the total amount, in expenditures and income, of 1,725,770 euros;

SETS the amount of the “financial contribution unit” for the year 2004 at 12,380 euros,

REQUESTS that member states late in remitting contribution dues, clear their outstanding debts quickly. In this impossibility, these member states can propose payment procedures in case of temporary financial difficulties,

COMMISSIONS the Executive Committee to take all appropriate measures in order to obtain full or partial settlments, while taking into account, as much as possible, the specific finanical difficulties of each member country concerned.