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Wednesday, December 20, 1972
EXPORT OF RESTRAINED TEXTILES TO U.S.A.
Phase I of Swing Schemes Starts Today
The Director of Commerce and Industry today issued a notice to
exporters on the export of restrained textiles to the United States.
The notice concerns the operation of Phase I of the Swing Schemes
for the export of cotton, man-made fibre (m.m.f.) and wool textiles to the
U.S.A. for the textile year 1972-73.
next year.
Phase I of the Swing Schemes began today and will end on February 15
During Phase I of the Swing Schemes, quota holders can apply to
swing increase their quota holdings in accordance with the percentage limit-
ations set out in the said Notice to Exporters.
Quota holders are required to supply their own yardage for swing;
however m.m.f. apparel quota holders are eligible to apply for departmental
"free yardage" for swing up to 5% of their holdings in a category in which a
swing increase is to be made.
The Commerce and Industry Department expects to be able to notify a
limited quantity of free yardage in cotton, m.m.f. and wool for application
by all comers in the second half of next February.
Trade associations and companies on the department's mailing list
for Notice to Exporters, Series 2 (U.S.A.) will receive copies of the above
notice shortly.
/However,