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3. (a) Objectives to be achieved: although the various delegations

stem tanto seven some verta pada s

MAN KAN van auto Ga G

were not entirely unanimous as to their exact scope, there

was a broad consensus on the following points:

(i) by means of stabilization measures, the Community

industries concerned would have to be given:

a sufficient period to enable them to make the necessary adjustments (at least 5 years);

- some guarantee as to the share of the Community market to which they should be entitled during that period;

(ii) it would be desirable for a fair share of the Community

market to be guaranteed to "newcomer" supplier countries, which were constantly increasing in number;

(iii) for the products concerned it would be useful to have

adequate room for manoeuvre to achieve the above objectives.

(b) Methods to be adopted: on this the various delegations were

deeply divided:

considered

(i) the Commission, supported by some delegations,

that the only negotiable position at Geneva was to abide by the system currently applied under the MFA determination of import possibilities on a country-by- country basis (bilateral quotas) but with improvements and applied judiciously, in accordance with the envisaged directives. The Commission further considered that this was the only approach which would also enable a solution to be found to the problems raised for the Community by imports from certain countries linked to it by special commitments under agreements;

(ii) most delegations however felt that in order to counter

the cumulative effect of imports from an (ver-increasing number of supplier countries without having to deny newcomers a fair share of the market, the only effective method was to include in the MFA a provision allowing the introduction of a single measure (global quotas) covering all the low-price supplier countries.

S/670 e/77 (COMER 136) lby/SMS/db

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