NoL132/32 OfficialJournaloftheEuropeanCommunities 23.5.75
REGULATION (EEC)No1295/75OFTHECOMMISSION
of22May1975
subjectingtoauthorization importsintotheFederalRepublicofGermanyand
theBeneluxcountriesofsyntheticsocksoriginatingintheRepublicofKorea
millionpairsintheBeneluxcountries,andwhereasin
theabsenceofimmediateprotectivemeasuresthis
aggravationofthedamagealreadycausedtoCommu­
nityproducerswouldmakeitdifficulttorepair;
Whereasinthesehighlyunusualandcriticalcircum­
stances,itisnecessarythatimmediateactionbetaken
tosafeguardtheinterestsoftheCommunity ,these
measurestoconsistoftheintroductionoftemporary
limitationofimports,inaccordancewiththeprovi­
sionsoftheArrangement RegardingInternational
TradeinTextiles,accountbeingtaken,however,of
theinterestsofKorea,especiallyinregard"toitsstage
ofdevelopment andtheimportanceofthetextiles
sectortotheeconomyofthatcountry;
Whereastheconcentration ofimportsoftheproducts
concernedontheGermanandBeneluxmarketsjusti­
fiesthelimitation,forthemoment,oftheapplication
ofthesesafeguardmeasurestoimportsintothose
regionsoftheCommunity ;
Whereasthesemeasuresshallnotprejudicetheresult
oftheconsultationsandnegotiationswhich,inaccor­
dancewiththesaidArrangement ,areatthemoment
takingplacebetweentheEuropeanEconomic
CommunityandtheRepublicofKorea,andwhereas
theymaybeadapted,havingregardtotheresultsof
thesenegotiations ,THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulation (EEC)No
1439/74(')of4June1974oncommonrulesfor
imports,andinparticularArticle12thereof;
HavingconsultedtheAdvisoryCommitteesetup
underArticle5ofthesaidRegulation ;
Whereasimportsofsyntheticsockscorresponding to
Nimexepositions60.03.25and60.03.27,originating
intheRepublicofKorea,haveincreasedsharplyand
substantiallyinthelastfewyears;
Whereasthisdevelopmenthasmanifesteditselfprinci­
pallyontheGermanandBeneluxmarkets,withthe
resultthatimportshaveincreasedfrom9million
pairsin1971toabout40millionpairsin1974in
Germany,andfrom3-9millionpairsin1971tomore
than10millionpairsin1974intheBeneluxcoun­
tries;
Whereastheseproductsareofferedforsaleonthe
marketsprincipallyaffectedatpriceswhichare
substantiallybelowthoseprevailingforsimilargoods
producedbyCommunityproducers ;
Whereasaccordingtotheinformationavailabletothe
Commission ,theseimportsalreadyrepresentedatthe
endof1974amarketshareofapproximately 20%in
GermanyandtheBeneluxcountries;
Whereasthisdevelopment hasbeencarriedouttothe
detrimentoftheCommunityindustry,whoseproduc­
tionhasfallenconsiderablyoverthelastfewyearsand
whereasmorethan30factorieshavehadtocease
productionoftheseproductswithresultantunemploy­
ment,transfersandreductionofworkinghoursfor
severalthousandemployees ;
Whereasallthesefactorshavecausedmarketdisrup­
tionandhavecausedseriousdamagetotheCommu­
nityproducers ;
Whereasafurthersharpandsubstantialincreasein
importsoftheseproductsmaybeconsideredtobe
imminentinviewofthefactthatimportdocuments
havebeenissuedorendorsed,inaccordancewiththe
Community surveillanceprocedureestablishedby
Regulation (EEC)No2967/74forthelastthree
monthsforwhichresultsareavailableforquantities
exceeding I<SmillionpairsinGermanyand12HASADOPTED THISREGULATION :
A)tick1
Theimportation intotheFederalRepublicof
GermanyandtheBeneluxcountriesofstockings,
otherthanwomen's,under-stockings ,socksandankle
socks,sockettesandthelike,knittedorcrocheted,not
elasticnorrubberized ,ofsyntheticfibres,corres­
pondingtoNimexepositions60.03.25and60.03.27,
originatingintheRepublicofKorea,isherebymade
subjecttothepresentationofanimportauthorization
issuedbythecompetentauthoritiesoftheimporting
country .
Thetotalquantityoftheproductsforwhichimport
authorizations shallbeissuedduringaperiodofsix
monthscommencing onthedateofentryintoforce
ofthisRegulationshallnotexceedthefollowing
amounts :
(')OJNoI.1<59,|v1974,p.I.
OOJNoI.ì16,26.1!.1974,p.7.Germany :ISmillionpairs
Benelux :5-3millionpairs.

23.5.75 OfficialJournaloftheEuropeanCommunities NoL132/33
Article2 2.Itshallapplyuptotheentryintoforceofappro­
priatemeasurestobetakenbytheCouncilinaccor­
dancewithArticle12,paragraph6andArticle13of
Regulation (EEC)No1439/74andatthelatestuntil
theexpiryofaperiodofsixweeksafteritsentryinto
force.1.ThisRegulationshallenterintoforceontheday
followingitspublicationintheOfficialJournalof
theEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,22May1975.
FortheCommission
ThePresident
Francois-Xavier ORTOLI