Article 1

The following multilateral agreements and acts are hereby approved on behalf of the European Community with regard to that portion of them which falls within the competence of the European Community:

• the Agreement establishing the World Trade Organization, and also the Agreements in Annexes 1, 2 and 3 to that Agreement;

• the ministerial decisions and declarations and the Understanding on Commitment in Financial Services which appear in the Uruguay Round Final Act.

The texts of the agreements and acts referred to in this Article are attached to this Decision.

The President of the Council is hereby authorized to designate the person empowered to take the measure provided for in Article XIV of the Agreement establishing the World Trade Organization in order to bind the European Community with regard to that portion of the Agreement falling within its competence.