229 | This proposal is simply to implement an international agreement reached by the Community. | The reduction of tariffs on multiprocessor integrated circuits (also known as “multi-chip packages” or “MCPs”) was an example of the important cooperation in GAMS. Please note that there is a likelihood that tariffs and other taxes on MCPs will in any event be removed as a result of either the Doha round of trade negotiations or another agreement that can be concluded under the aegis of the WTO. [peak] | | COMMISSION EUROPEAN Brussels, 15.2.2006COM (2006) 61 final2006/0017 (ACC) KONKONREGULATION proposal for the implementation of the duty-free treatment agreement for multiprocessor integrated circuits by amending Schedule I of Regulation (CEE) no 2006/2006. 2658/87 on tariff and statistical nomenclature and common tariff (presented by the commission | |) The reasons and objectives of the proposal Smart Integrated Circuits or “Multichip Packages” (McPs) are a relatively new category of mounted semiconductors that did not exist at the time of the conclusion of the ITA (WTO Information Technology Agreement) Tariff Reduction Mechanism in 1996. Had there been MCPs at the time of the ITA negotiation, it is likely that they would have been admitted to the ITA at a zero fee rate. The five members of the government/authorities that partner with semiconductors (GAMS) that are the European Community, represented by the European Commission, Japan, Korea, the United States and Chinese Taipei, have negotiated an agreement on duty-free treatment of multi-chip integrated circuits (MCPs) (`MCP agreement`). 120 | | General Context On behalf of the European Community, the Council concluded the MCP agreement with the Council`s 2005/964/EC decision of 21 December 2005. |130 | Existing provisions in the area of the proposal The Council`s proposed regulation would enable the conclusion of the MCP agreement to be implemented by making an amendment to Schedule I of Regulation (EEC) 2658/87 of the Council on tariff and statistical nomenclature and the common tariff. 141 | | Consistency with the EU`s other policies and objectives The proposal would promote the competitiveness of the European industry concerned. | CONSULTATION OF INTERESTED PARTIES AND IMPACT ANALYSIS | Consultation with interested parties |219 | The relevant European industry sees the MCP agreement as a key initiative to promote the competitiveness of the European semiconductor industry.
| Collecting and using the expertise |229 | This proposal is simply to implement an international agreement reached by the Community. 230 | | Impact analysis This proposal does not require an impact analysis. Other regulatory approaches are not possible. | PROPOSAL |305 | Summary of proposed measures The proposed regulation would reduce to zero the rate of all tariffs and other duties and taxes levied on MCPs.