31975R0348

14. 2 . 75 Official Journal of the European Communities No L 40/ 5

REGULATION (EEG) No 348/75 OF THE COUNCIL of 10 February 1975 setting up a system of licences for imports of cotton yarn into the United Kingdom from third countries

THE COUNCIL OF THE EUROPEAN of imports from Mediterranean countries has COMMUNITIES, increased substantially ; Having regard to the Treaty establishing the European Whereas it is therefore necessary to extend the protec­ Economic Community ; tive measures restricting imports of cotton yarn ; Having regard to Council Regulation (EEC) No Whereas, since the threat of substantial injury origi­ 1439/74 (!) of 4 June 1974 on common rules for nates in imports intended for the United Kingdom imports from third countries, and in particular Article market, it appears justified at present, in view of 12 thereof ; existing trade flows, to restrict the application of the protective measures to imports into the United Having regard to the proposal from the Commission ; Kingdom ; Having consulted the Advisory Committee established Whereas the obligations resulting from the Arrange­ under Article 5 of that Regulation ; ment regarding International Trade in Textiles (5), and Whereas, for the period from 1 April to 31 December in particular the need to increase gradually the 1973 and for the whole of 1974, by its Regulations volume of imports of products subject to quantitative (EEC) No 2631 /73 (2) and (EEC) No 657/74 P), the restrictions, require liberalization to be achieved by 31 Council set up a system of licences for imports of March 1 977 at the latest ; cotton yarn into the United Kingdom from third Whereas it accordingly appears appropriate immedi­ countries ; ately to fix the level of restrictions for the entire Whereas, further to a request from the United period of gradual liberalization, that is until 31 March Kingdom Government, the Commission , acting under 1977 ; Article 12 of Regulation (EEC) No 1439/74, esta­ Whereas these protective measures may be amended blished by Regulation (EEC) No 3327/74 (4) a system or revoked to take account of import trends in other of licences for imports into the United Kingdom of regions of the Community, cotton yarn originating in and exported from third countries, under the same conditions as those provided for in Regulation (EEC) No 675/74 setting HAS ADOPTED THIS REGULATION : up the same system for 1974 ;

Whereas it appears from the statistics and other infor­ Article 1 mation supplied by the United Kingdom Government during consultations with the abovementioned Advi­ 1 . Imports into the United Kingdom of Great sory Committee that the sudden liberalization of Britain and Northern Ireland from the third countries imports from the countries listed in Annex II to Regu­ listed in Annex II to Regulation ( EEC) No 1439 /74, lation (EEC) No 1439/74 would, in present circum­ with the exception of those countries listed in the stances, still be likely to cause substantial injury, Annex hereto, of the products shown below shall be which would be difficult to repair, to the British subject to production of an import licence and limited cotton-spinning industry, especially since the volume to the following quantities :

(>) OJ No L 159, 5 . 6 . 1974, p. 1 . (2) OJ No L 272, 29 . 9 . 1973 , p. 16. (3) OJ No L 83, 21 . 3 . 1974, p. 1 . (4) OJ No L 357, 31 . 12. 1974, p. 14 . (5 ) OJ No L 118 , 30 . 4 . 1974, p . 2.

No L 40/6 14 . 2 . 75 Official Journal of the European Communities

Quantity \ CCT heading No Description of products 1 January 1976 1975 to 31 March 1977

55.05 Cotton yarn, not put up for retail sale 1 20 000 30 000 metric tons metric tons 55.06 Cotton yarn, put up for retail sale J

2. The import licences referred to in paragraph 1 shall be issued by the United Kingdom.

Article2¶

This Regulation shall enter into force on the day following its publication in the Official Journal of the European Communities.

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 10 February 1975 . For the Council

The President

G. FITZGERALD

ANNEX

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