SEVERAL AGREEMENT ON
ARIFFS AND TRADE
TIX.NG/1
20 December 1973
General Diatributiin
ARRANGEMENT REGARDING THTE VATIONAL
TRADO IN TTLS
PREAMBLIC
Racornizing the great importance of production and trade in toxtile products of wool, man-made fibres end cotton for the economies of meny countries, and their particular importance for the economic and social development of developing countries and for the expansion and diversification of their export earnings, and conscious also of the special importance of trade in textile products of cotton for ramy developing countries;
Recording further the tendency for an unsatisfactory situation to exist in world trade in textile products and that this situation, if not satisfactorily dealt with, could work to the detriment of countries participating in trade in textila products, whether as importors or exportors, or both, adversely affect prospects for international co-operation in the trade field, and have unfortunato repercussions on trade relations gensrelly;
Noting that this unsatisfactory situation is characterized by the proliferation of restrictive measures, including discriminatory neamures, that are inconsistent with the principles of the General Agreement on Tariffs end Trade and also that, in sc.e importing countries, situations have arisen which, in the view of these countries, cause or threaten to cause disruption of their domestic markets;
Desiring to take co-operative and constructive action, within a multilateral frɛzevork, so as to deal with the situation in such a way as to promote on a coună basis the development of production and expansion of trade in toxullo products and progressively to acllieve the reduction of trade barriers and the liberalizetion of world trade in thess products;
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Recorating that, in pursuit of such cotton, the volatile and coniinually evolving name of productden end trade in textile products should be constantly borne in mind and the fullest account taken of such serious eccnczio end soolal problems as exist in this field in toth inporting and exportlag countries, and particularly in the developing countries;