RESTRICTED
FOR MEMBER STATES WHOSE IMPORTS IN 1976 ARE LESS THAN THEIR THEORETICAL SHARE ((1)), THE 'BUTOIRS CORRESPOND TO THE QUANTITY ALREADY REACHED IN 1976, WITH AN ANNUAL ADDITION FROM 1978 ONWARDS OF 20 PERCENT OF THE THEORETICAL SHARE UNTIL THE LATTER IS REACHED: THEN THE FORMULA DESCRIBED IN THE PREVIOUS INDENT WILL BE APPLIED. ((2)).
(1)) WHICH IS DETERMINED BY THE BURDEN-SHARING SCALE.
((2)) HOWEVER, THIS DOES NOT APPLY IN THE SAME WAY TO THE PRODUCTS
REFERRED TO IN CHAPTER IV.
~5-
3. THE ''BASKET'' SYSTEM
THIS SYSTEM IS INTENDED TO COVER PRODUCTS FOR WHICH, AT
THIS STAGE AT LEAST, INDIVIDUAL MEASURES AS INDICATED UNDER 1 AND
2 ABOVE ARE NOT NECESSARY.
(A) THE SCOPE OF THE SYSTEM VARIES GREATLY ACCORDING TO THE THIRD
COUNTRY CONCERNED: FOR EXAMPLE, FOR A SUPPLIER SUCH AS HONGKONG,
THE SYSTEM WILL ONLY COVER THE PRODUCTS IN GROUP 5, ALTHOUGH EVEN
AMONG THESE PRODUCTS SOME WILL DOUBTLESS REQUIRE INDIVIDUAL
MEASURES: HOWEVER, ALMOST ALL THE PRODUCTS OF THE SMALL SUPPLIER
COUNTRIES CAN BE COVERED BY THE BASKET SYSTEM.
B) THESE BASKETS MAY BE FORMED IN TWO WAYS:
(1)
THEY MAY BE EXPRESSED IN VOLUMES (NOT TO BE EXCEEDED) TO
WHICH A GROWTH RATE IS ALLOTTED:
(11)
THEY MAY CONSIST OF A MERE LIST OF THE PRODUCTS INCLUDED IN
THE BASKET CONCERNED,
ļ
WITH REGARD TO GROUP 5, THE FORMULA IN (1) ABOVE WILL ONLY
BE APPLIED TO HONGKONG, INDIA AND KOREA.
(C)
OUTPUT THRESHOLDS' MAY BE APPLIED TO THE PRODUCTS COVERED
BY THE BASKETS, MAKING IT POSSIBLE TO SUBJECT THE PRODUCTS CONCERNED
5-
RESTRICTED
TO INDIVIDUAL
No comments yet.
Private notes are available after approval.