14.2.75 NoL40/5 OfficialJournaloftheEuropeanCommunities
REGULATION (EEG)No348/75OFTHECOUNCIL
of10February1975
settingupasystemoflicencesforimportsofcottonyarnintotheUnited
Kingdomfromthirdcountries
THECOUNCILOFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ;
HavingregardtoCouncilRegulation (EEC)No
1439/74(!)of4June1974oncommonrulesfor
importsfromthirdcountries,andinparticularArticle
12thereof;
HavingregardtotheproposalfromtheCommission ;
HavingconsultedtheAdvisoryCommitteeestablished
underArticle5ofthatRegulation ;
Whereas,fortheperiodfrom1Aprilto31December
1973andforthewholeof1974,byitsRegulations
(EEC)No2631/73(2)and(EEC)No657/74P),the
Councilsetupasystemoflicencesforimportsof
cottonyarnintotheUnitedKingdomfromthird
countries;
Whereas,furthertoarequestfromtheUnited
KingdomGovernment ,theCommission ,actingunder
Article12ofRegulation (EEC)No1439/74,esta­
blishedbyRegulation (EEC)No3327/74(4)asystem
oflicencesforimportsintotheUnitedKingdomof
cottonyarnoriginatinginandexportedfromthird
countries,underthesameconditionsasthose
providedforinRegulation (EEC)No675/74setting
upthesamesystemfor1974;
Whereasitappearsfromthestatisticsandotherinfor­
mationsuppliedbytheUnitedKingdomGovernment
duringconsultationswiththeabovementioned Advi­
soryCommitteethatthesuddenliberalization of
importsfromthecountrieslistedinAnnexIItoRegu­
lation(EEC)No1439/74would,inpresentcircum­
stances,stillbelikelytocausesubstantialinjury,
whichwouldbedifficulttorepair,totheBritish
cotton-spinning industry,especiallysincethevolumeofimportsfromMediterranean countrieshas
increasedsubstantially ;
Whereasitisthereforenecessarytoextendtheprotec­
tivemeasuresrestrictingimportsofcottonyarn;
Whereas,sincethethreatofsubstantialinjuryorigi­
natesinimportsintendedfortheUnitedKingdom
market,itappearsjustifiedatpresent,inviewof
existingtradeflows,torestricttheapplicationofthe
protectivemeasurestoimportsintotheUnited
Kingdom ;
WhereastheobligationsresultingfromtheArrange­
mentregardingInternationalTradeinTextiles(5),and
inparticulartheneedtoincreasegraduallythe
volumeofimportsofproductssubjecttoquantitative
restrictions,requireliberalizationtobeachievedby31
March1977atthelatest;
Whereasitaccordinglyappearsappropriateimmedi­
atelytofixthelevelofrestrictionsfortheentire
periodofgradualliberalization ,thatisuntil31March
1977;
Whereastheseprotectivemeasuresmaybeamended
orrevokedtotakeaccountofimporttrendsinother
regionsoftheCommunity ,
HASADOPTED THISREGULATION :
Article1
1.ImportsintotheUnitedKingdomofGreat
BritainandNorthernIrelandfromthethirdcountries
listedinAnnexIItoRegulation (EEC)No1439/74,
withtheexceptionofthosecountrieslistedinthe
Annexhereto,oftheproductsshownbelowshallbe
subjecttoproductionofanimportlicenceandlimited
tothefollowingquantities :
(>)OJNoL159,5.6.1974,p.1.
(2)OJNoL272,29.9.1973,p.16.
(3)OJNoL83,21.3.1974,p.1.
(4)OJNoL357,31.12.1974,p.14. (5)OJNoL118,30.4.1974,p.2.

NoL40/6 OfficialJournaloftheEuropeanCommunities 14.2.75\ Quantity
CCTheading
No Descriptionofproducts
19751January1976
to31March1977
55.05
55.06Cottonyarn,notputupforretailsale1
Cottonyarn,putupforretailsaleJ20000
metrictons30000metrictons
2.Theimportlicencesreferredtoinparagraph1shallbeissuedbytheUnited
Kingdom.
Article2
ThisRegulationshallenterintoforceonthedayfollowingitspublicationinthe
OfficialJournaloftheEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,10February1975.
FortheCouncil
ThePresident
G.FITZGERALD
ANNEX
Morocco
NewZealand
Norway
Portugal
Spain
SwedenArabRepublicofEgypt
Australia
Austria
Canada
Cyprus
Finland
Greece
Iceland
Israel
Lebanon
MaltaSwitzerland (includingLiechtenstein )
Tunisia
Turkey
USA