3. Article 6(7)
IN CONFIDENCE
Line 4 delete "deliberate"
Lines 8
مس
9 delete "taken place solely in order to
circumvent the provisions of this Arrangement" and
substitute "had the effect of circumventing the provisions of
this Arrangement".
Line 16 after "Article 3" add "and Annex B".
4. Article 9
Line 3 delete "50 per cent" and substitute "30 per cent".
5. Annex A
Delete in accordance with deletion of Article 2.
6. Annex B
Paragraph 2. At end of first sentence delete "5 per cent"
and substitute "7 per cent". In second sentence delete
"between 5 and 0" and substitute "between 7 and 2".
-
Paragraph 3 delete "5 per cent" and substitute "72
per cent".
7. Record of Understandings
Paragraph 12. Delete and substitute the following:
"The reference to "as provided for in Article 3 and
Annex B" includes the procedures provided for under
paragraph 3 of Article 3 as well as paragraphs 1(a) and 2
of Annex B. This means that if, following the consultation,
an importing country extends the restraint to include the
substituted product, the new level for the restraint will be
the level established for the cotton textile item concerned
plus an additional amount not lower than the level provided
in paragraph 1(a) of Annex B in respect of the substituted
product. Thereafter, the combined level will be usable for
either the cotton textile product or the substituted product".
Add new paragraph 14(a) as follows:-
"In expanding the definition of cotton textiles to include
products in which cotton represents more than 30 per cent
IN CONFIDENCE
/instead