{
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country is already or becomes competitive in specific products, conditions of access to developed country markets need not be improved by preferential tariff treatment.
2.
Preferential treatment would apply, as a general rule, to all manufactured and semi-manufactured industrial products in chapters 25 to 99 of the Brussels Nomenclature and to the agriculture and fishery products set out in the tables attached as Annex B.2/
3. The preference would consist of 10 percentage points or 50 percent whichever is the larger preference.
4.
The preference would be withheld initially or with- drawn subsequently on a product from a country which supplied by value in any calendar year more than 10 per- cent, amounting to at least $100,000, of total imports in the relevant tariff item.
5. An escape-clause mechanism would exist by which preferences on an item could be withdrawn or reduced on grounds of injury to domestic producers or third country suppliers.
Attachments:
Annex A
G
Annex B
Illustrative List of Sensitive Product Categories
Illustrative Positive List of Products
in BTN Chapters 1-24
1/ See paragraph 7 under "Qualifications of General
Applicability.
2/ This list is illustrative only see paragraph 8
under "Qualifications of General Applicability."
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