WEDNESDAY, MARCH 17, 1976
FREE QUOTA FOR TEXTILE EXPORTS TO EEC ******
ADDITIONAL FREE QUOTA FOR TEXTILE EXPORTS TO THE EEC IS BEING MADE AVAILABLE TO THE TRADE, A SPOKESMAN FOR THE COMMERCE AND INDUSTRY DEPARTMENT ANNOUNCED TODAY.
COMPANIES WITH CONFIRMED ORDERS MAY APPLY FOR THE FREE QUOTA STARTING TODAY, DETAILS ARE SET OUT IN A NOTICE TO EXPORTERS ISSUED BY THE DEPARTMENT.
THE DC AND SPOKESMAN EXPLAINED THAT FREE QUOTAS HAD BECOME AVAILABLE FOLLOWING THE ALLOCATION OF FINAL QUOTAS FOR 1976 TO COMPANIES WHICH QUALIFIED FOR THEM BY HAVING PERFORMED IN 1975. THE FINAL QUOTAS WERE ALLOCATED IN TWO STAGES
(1)
(2)
IN MID-FEBRUARY, TO COMPANIES WHICH QUALIFIED FOR THIS YEAR'S QUOTA BY HAVING USED ALL OR A SUBSTANTIAL PORTION OF THEIR 1975 QUOTA ALLOCATION AND
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IN EARLY MARCH, TO COMPANIES WHICH QUALIFIED BY HAVING PERFORMED AGAINST FREE QUOTA IN 1975.
THE QUANTITIES ALLOCATED UNDER THE FIRST AND SECOND STAGES REPRESENT ROUGHLY 69 PER CENT AND 9 PER CENT RESPECTIVELY OF THE OVERALL QUOTA FOR THE EEC FOR 1976.
THE FREE QUOTA NOW BEING MADE AVAILABLE REPRESENT 22 PER CENT OF THE OVERALL QUOTA FOR THE EEC FOR THIS YEAR.