3

suppliens. It is, however, a fact that in our two main DEC

markets, the United Kingdom and Germany, annual growth rates

are already as little as half of one percent for many of the

sensitive items and you can't get much lower than that".

Meanwhile, the current agreement, due to expire on

30 September, has been extended to the end of this year,

with proportionate increases in quota levels.

Special arrangements have been agreed to allow

extra shipments in the last quarter of this year, against

1978 quotas, in certain apparel categories for which there

is a seasonal demand.

The trade is relieved by the three-month extension

which will ease some of the pressure on quotas. Despite

generally slack market conditions, the demand remain strong

for some categories.

PUBLIC RELACIONS UNIT

COMMERCE AND INDUSTRY DEPARTLENT

29 JULY 1977

A

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