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
Page 165Page 166
No comments yet.
Private notes are available after approval.