text: 4. In response to the United Kingdom request lransmitted on Tuesday,6 April 1982, the other countrj.es of the European Community decided on tbeimnediate suspension of deriveries of arms ani miritary eguiprnent !o Argentina and proceeded to consider other sanctions against thar counrry. 5. Tbus, on Friday, 9 ApriI l9g2, after brief negotiations, the Community,scouncil of permanent representatives reached agreement on the applicatron ofeconomic sanctions to Arqenlina involving a toial ban on imports fron thatcountrv. 6. On this basis, the Ministers for Foreign Affairsstatenent on Saturday, 10 April l9g2 (see appendix I)Ministers for Foreign Affirs of ct. r"n ."niii*J tn.and nilitary equipment to Argentina and announced theimports from that country,of the Commuhity issued a. In this statement thetotal ban on exports of arms complete suspension ofA/40 /596 Engl i sh Page ll 7. Although the relative importance of export6 to tbe European community had aleclined significantly in recent years. such exports still formed a large proportion of Arqenlinars total exports. The average monthly value of exports to the European community Has $200 million in 1980. The Euf,opean community accounted for 40.45 per cent of Argentinars exports in 1965r 28.88 per cent in 1974 and 27.07 per cent in 1980, tbe estioated figure for 1981 being 21'10 per cent' 8. On 15 April- 1982, the council of Ministers of the European comnunities decided that the proposed economic sanctions should be enforced in the form of a total trade and financlal boycott. The sanctions were enacted ln Regulation l.Io. (EEC) S7'1 /82, in the case of Ehe European Economic Community, and in Decision (ECSC) No. 82/22L. in the case of the European coal and steel communitvt bottr instruments rrere publisheal in the Offj.ciaL Journal of the European C€qmunipies l{o. L lO2 of 16 April 1982 (see appendices rI and ilr). The c'overnments of oember
analysis: The text appears to be discussing the economic sanctions imposed by the European Community on Argentina in response to the Falklands War in 1982. The sanctions involve a total ban on imports and exports, including arms and military equipment, as well as a financial boycott. The text highlights the significance of the European Community's trade relationship with Argentina, citing the large proportion of Argentina's exports that went to the European Community.