DESTLAL

The guide lines evolved by the delegationg with regard to these

methode and lists are surized below in II (industrial products) and III.

(processed žgriculturel products).

It should moreɔver be noted that in the courte of this axerination the

nocessity was stressed of ensuring that the system of generalised preferences

has to be granted by the Community share the following characteristice:

acceptable

i) it must constitute ametrule, roposal to the developing countries,

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laving regard to the special responsibilities of the Community es

a result of its leading art in international trade;

ii) It must be acceptable to the Community and incorpor: te satisfactory

guarantees for the industries concerned;

ii)

Il mist constitute an independent set conferring no rights on the

developing countries and be worked out and applied independently

by each customs entity according to its own structure;

iv) Finally, the preferential system should be subject to perioliccl

revice.

Having regard to the desirability of rapidly finalising the Community

proporule (cf. the time limit of let Vadich 1969 for submitting provisional

ond terçet lists to OECD), the group agreed on the following provisions for

its timetable:

27th Jenware 169: eeting to continue ark on menafectures and

semi-manufactures (1);

11th-15th Fobru ry 1589:

Læɛzination on the basis of the

Cordasion's proposals of all the problems

ficing the founity in the field of preferenser

(1) cf. Communicatior No. 60 of 14th January 1965.

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