3.

حرية

Bilatorul agreements mintained under this Article shall, on overall terms, including boss levels eri growth rubro, be ram liberal then measures provided

bone ratta, tan for in Article 3 of this arrangement. Such bilateral grenents shall be designed ard administered to facilitat the export in full of the levels provided for under such afrosnerts and shall include provisions assuring substantial flexibility for the conduct of trade thereunder, consistent with the need for orderly onpansion of such trade and corlitions in th. donustic market of the importing country concerned. Such provisions should encompass areas of bust luvols, growth, recognition of the increasing interchangeability of natural, artificul and syntholde fibres, carry forward, curryover, transfers from one product grouping to another and such other arrangemento as kay bo mutually satisfactory to the parties to such bilateral agrocenta.

4.

The participating countries shall communicate to tha Textiles Surveillanco Body full detalls of agrsonents untered into in terms of this article within thirty days of their effective dute. The Textiles Surveillanca Body shall be informed proptly when any such agrosnants are modified or discontinued. The Textiles Surveillance Body may make such recommendations as it decns appropriate to the parties concerned.

Article 5

Restrictions on imports of textile products under the provisions of Article 3 and 4 shall be administered in a flexible and equitable ranner and over- categorization shall to avoided. Participating countries shall, in consultation, provide for arrangements for the administration of the quotas and restraint levels, including the proper arrangement for allocation of quotas among the exporters, in such a way as to facilitate full utilization of such quotas. The participating importing country should take full account of such factors as established tariff classification and quantitative units based on normal commercial practices in export and import transactions, both as regards fibre composition and in terms of competing for the same segmont of its donostic market.

Article 6

1. Recognizing the obligations of the partici¡ating countries to pay special attention to the needs of the developing countries, it shall be considered appropriate and consistent with equity obligations for those importing countries' which apply restrictions under this Arrangement affecting the trade of developing countries to provide noro favourable terms with regard to such restrictions, including clenorts such as base level and growth rates, than for other countries. In the case of developing countries whose exports are already subject to restrictions and if the restrictions are maintained under this .rrangement, provisions should be made for higher quotas and liberal growth rates. hovovar, be borne in Liel that there should be 15 undue prejudice to the interests of established suppliers or serious distortion in existing patterns of tradu.

It shall,

r

Share This Page