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Article 173

1 . By way of derogation from Article 31 , customs duties on the import of fisheries products falling within heading Nos 03.01 , 03.02 , 03.03 , 16.04 and 16.05 and subheadings 0.15 A and 23.01 B of the Common Customs Tariff between the Community as at present constituted and Spain shall be progressively abolished in accordance with the following timetable :

- on 1 March 1986 , each duty shall be reduced to 87,5 % of the basic duty ,

- on 1 January 1987 , each duty shall be reduced to 75,0 % of the basic duty ,

- on 1 January 1988 , each duty shall be reduced to 62,5 % of the basic duty ,

- on 1 January 1989 , each duty shall be reduced to 50,0 % of the basic duty ,

- on 1 January 1990 , each duty shall be reduced to 37,5 % of the basic duty ,

- on 1 January 1991 , each duty shall be reduced to 25,0 % of the basic duty ,

- on 1 January 1992 , each duty be reduced to 12,5 % of the basic duty ,

- the last reduction of 12,5 % shall be made on 1 January 1993 .

2 . By way of derogation from paragraph 1 , customs duties on the import of sardine preparations and preserved sardines falling within subheading 16.04 D of the Common Customs Tariff between Spain and the other Member States of the Community shall be progressively abolished in accordance with the following timetable :

- on 1 March 1986 , each duty shall be reduced to 90,9 % of the basic duty ,

- on 1 January 1987 , each duty shall be reduced to 81,8 % of the basic duty ,

- on 1 January 1988 , each duty shall be reduced to 72,7 % of the basic duty ,

- on 1 January 1989 , each duty shall be reduced to 63,6 % of the basic duty ,

- on 1 January 1990 , each duty shall be reduced to 54,5 % of the basic duty ,

- on 1 January 1991 , each duty shall be reduced to 45,4 % of the basic duty ,

- on 1 January 1992 , each duty shall be reduced to 36,3 % of the basic duty ,

- on 1 January 1993 , each duty shall be reduced to 27,2 % of the basic duty ,

- on 1 January 1994 , each duty shall be reduced to 18,1 % of the basic duty ,

- on 1 January 1995 , each duty shall be reduced to 9 % of the basic duty ,

- the last reduction of 9 % shall be made on 1 January 1996 .

3 . The Kingdom of Spain shall , on accession , eliminate all countervailing charges on imports into Spain of the products referred to in paragraph 1 coming from the other Member States of the Community .

4 . By way of derogation from Article 37 , the Kingdom of Spain , for the fisheries products referred to in paragraph 1 , shall modify its tariff applicable to third countries by reducing the variation between the basic duties and the Common Customs Tariff duties according to the following timetable :

- As from 1 March 1986 , the Kingdom of Spain shall apply a duty reducing , by 12,5 % , the variation between the basic duty and that of the Common Customs Tariff .

- As from 1 January 1987 :

( a ) for the tariff headings for which the basic duties do not vary by more than 15 % , above or below , from the Common Customs Tariff duties the latter duties shall be applied :

( b ) in the remaining cases , the Kingdom of Spain shall apply a duty reducing the variation between the basic duties and the Common Customs Tariff duties in seven equal instalments of 12,5 % on the following dates :

- 1 January 1987 ,

- 1 January 1988 ,

- 1 January 1989 ,

- 1 January 1990 ,

- 1 January 1991 ,

- 1 January 1992 .

The Kingdom of Spain shall apply the Common Customs Tariff in full as from 1 January 1993 .