CONFIDENTIAL
products from third countries.
The common external tariff
on the first two of these products has been reduced, thus
reducing the margin of preference available to the Associates).
5. The associated countries and territories in their turn are
required to give the same tariff treatment to all member states
of the Communities, and at no time should the treatment
accorded to member states be worse (it may of course be better)
than the treatment accorded to imports from any third country.
Under the first Yaoundé Convention associates were also
required in principle gradually to eliminate their customs
duties on imports from member states (by 15 per cent a year),
except that they were permitted to retain or to introduce such
duties as were required for fiscal purposes or to meet
development or industrialisation needs. The second Convention
takes account of the final elimination of these duties and
continues the arrangements for the retention or introducfion.
of fiscal duties.
6.
Associates are also required gradually to remove
quantitative import restrictions on imports from member states
(subject to certain exceptions permitted on grounds of public
morality, public policy etc.). Here also, however, they may
retain or impose quantitative restrictions if needed for
development or industrialisation, or to protect their balance
of payments. To the extent that associates maintain any
quantitative restrictions, they must open any quotas they
CONFIDENTIAL
/establish
No comments yet.
Private notes are available after approval.