Il/Nide30 Euroopanyhteisöjenvirallinenlehti 183
292A1231(29)
N:oL110/166 EUROOPAN YHTEISÖJEN VIRALLINEN LEHTI 30.04.94
AGREEMENT
intheformofanexchangeoflettersamendingtheAgreement betweentheEuropeanEconomic
Community andtheRepublicofKoreaontradeintextileproducts
LetterNo1
Sir,
1.Ihavethehonourtorefertotheconsultations heldon14and15December 1992between
ourrespectivedelegations forthepurposeofamendingtheAgreement ontradeintextile
productsbetweentheEuropeanEconomicCommunity andtheRepublicofKoreaapplied
since1January1987,asextendedbytheexchangeoflettersappliedsince1January1992
(hereinafter 'theAgreement ').
2.Asaresultoftheseconsultations ,bothPartiesagreedtoamendthefollowingprovisions of
theAgreement :
2.1.AnnexIandAnnexIIwhichsetouttheproductsconcerned bytheAgreement andthe
quantitative restrictions forexportsfromtheRepublicofKoreatotheEuropeanEconomic
Community ,arereplacedfortheperiod1January1993to31December 1994by
Appendix 1andAppendix 2tothisletter,respectively .
2.2.Article8(6)andProtocolCtotheAgreement aredeleted.
2.3.Article9(2)isreplacedbythefollowing :
'Theinformation referredtoinparagraph 1shall,forallcategories ofproducts ,be
forwarded beforetheendofthemonthfollowing themonthtowhichthestatistics
relate.'
2.4.Article12isreplacedbythefollowing :
'1.Thequantitative limitsestablished underthisAgreement onimportsintothe
Community oftextileproductsofKoreanoriginwillnotbebrokendownbythe
Community intoregionalshares.
2.ThePartiesshallcooperate inordertopreventsuddenandprejudicial changesin
traditional tradeflowsresultinginregionalconcentration ofdirectimportsintothe
Community .
3.Koreashallmonitoritsexportsofproductsunderrestraintorsurveillance intothe
Community .Shouldasuddenandprejudicial changeintraditional tradeflowsarise,
theCommunity willbeentitledtorequestconsultations inordertofindasatisfactory
solutiontothoseproblems .Suchconsultations mustbeheldwithin15workingdaysof
theirbeingrequested bytheCommunity .
4.Koreashallendeavour toensurethatexportsoftextileproductssubjecttoquantitative
limitsintotheCommuntiy arespacedoutasevenlyaspossibleovertheyeardue
accountbeingtakeninparticularofseasonalfactors.'
2.5.Article14andallreferences tothisArticleintheAgreement aredeleted.
2.6.Thefollowing isaddedatthebeginningofArticle16(1):
'1.SavewhereitisotherwiseprovidedforinthisAgreement ,...'
2.7.ThesecondsentenceofArticle18(1)isreplacedbythefollowing :
'Itshallbeapplicable until31December 1994.Thereafter ,theapplication ofallthe
provisions ofthisAgreement shallbeextendedautomatically foraperiodofonemoreyear
upto31December 1995,unlesseitherPartynotifiestheotheratleastsixmonthsbefore
31December 1994thatitdoesnotagreewiththisextension .However ,iftheAgreement
ontradeintextilesandclothingproductsresultingfromtheUruguayRoundGATTtrade

184 Euroopanyhteisöjen virallinenlehti li/Nide30
negotiations isconcludedandentersintoforceatanearlierdate,thisAgreement shallbe
automatically terminated asofthedateagreedfortheimplementation oftheresultsofthe
UruguayRoundGATTtradenegotiations .'
2.8.ThefirstsentenceofArticle7(1)ofProtocolAisreplacedbythefollowing :
'1.TheexportlicenceshallconformtothemodelannexedtothisProtocolanditshallbe
validforexportsthroughout thecustomsterritorytowhichtheTreatyestablishing the
EuropeanEconomicCommunity isapplied.However ,wheretheCommunity hasmade
recoursetotheprovisions ofArticle8inaccordance withtheprovisions ofAgreed
MinuteNo1,ortoAgreedMinuteNo2,thetextileproductscoveredbythe
corresponding exportlicencescanonlybeputintofreecirculation intheregion(s )of
theCommunity indicatedinthoselicences.'
2.9.ThesecondindentofArticle12(1)ofProtocolAtotheAgreement isreplacedbythe
following :
'Theimportauthorizations shallbevalidforsixmonthsfromthedateoftheirissuefor
importsthroughout thecustomsterritorytowhichtheTreatyestablishing theEuropean
Economic Community isapplied.However,wheretheCommunity hasrecoursetothe
provisions ofArticle8inaccordance withtheprovisions ofAgreedMinuteNo1,orto
AgreedMinuteNo2,theproductscoveredbytheimportlicencescanonlybeputintofree
circulation intheregion(s )oftheCommunity indicatedinthoselicences.'
2.10.ThesecondandfifthindentsofArticle14(2)ofProtocolAarereplacedbythe
following :
'—twolettersidentifying theintendedMemberStateofcustomsclearance asfollows :
BL=Benelux,
DE=Germany ,
DK=Denmark ,
EL=Greece,FR=France,
GB=UnitedKingdom ,
IE=Ireland,
IT=Italy,
PT=Portugal', ES=Spain,
'—afive-digitnumberrunningconsecutively from00001to99999allocated tothe
intendedMemberStateofcustomsclearance .'
2.11.AgreedMinuteNo1setoutinAppendix 3tothislettershallformanintegralpartofthe
Agreement .
2.12.AgreedMinuteNo2setoutinAppendix 4tothislettershallformanintegralpartofthe
Agreement .
2.13.AgreedMinuteNo3setoutinAppendix 5tothislettershallformanintegralpartofthe
Agreement .
2.14.AgreedMinuteNo4setoutinAppendix 6tothislettershallformanintegralpartofthe
Agreement .
3.ThePartiesagreedthatthisAgreement intheformofanexchangeoflettersshallenterinto
forceonthefirstdayofthemonthfollowingthedayonwhichthePartieshavenotified
eachotherthatthelegalprocedures necessarytothisendhavebeencompleted .
ThePartiesalsoagreedthatthisAgreement intheformofanexchangeoflettersandthe
amendments herebytotheAgreement of1987,asextended ,shallbeappliedprovisionally
from1January1993.
4.Ishouldbeobligedifyoukindlyconfirmtheacceptance ofyourGovernment ofthe
foregoing .
Pleaseaccept,Sir,theassuranceofmyhighestconsideration .
FortheCouncil
oftheEuropeanCommunities

Il/Nide30 Euroopanyhteisöjen virallinenlehti 185
Appendix 1
(ThecontentsofAppendix 1areidenticaltothoseofAppendix 1totheAgreement withSingapore ;seepages
16to42)
Appendix 2
ANNEX 11
(Thefullproductdescriptions of'thecategories listedinthisAnnexaretobefoundinAnnexItothe
Agreement )
COMMUNTTY QUANTITATIVE LIMITS
Category Unir 1993 1994 1995
1 tonnes 880 881 882
2 tonnes 5591 5596 5602
2(a) tonnes 706 707 708
3 tonnes 4480 4503 4525
3(a) tonnes 669 675 682
4 1000pieces(') 12521 12659 12798
5 1000pieces 28110 28278 28448
6 1000pieces(') 5172 5236 5302
7 1000pieces 8649 8714 8780
8 1000pieces 29494 29715 29938
9 tonnes 1167 1197 1227
10 1000pieces 22210 23099 24023
12 1000pieces 133136 136465 139876
13 1000pieces 8915 9048 9184
14 1000pieces 5999 6149 6303
15 1000pieces 7767 8000 8240
16 1000pieces 905 923 941
17 1000pieces(2) 2738 2780 2821
18 tonnes 1377 1418 1461
21 1000pieces(')(2) 12281 12526 12777
22 tonnes 13288 13753 14235
24 1000pieces 4130 4266 4407
26 1000pieces ■ 2752 2780 2808
27 1000pieces 1615 1647 1680
28 1000pieces 627 646 665
29 1000pieces(J)(*) 477 491 506
31 1000pieces 5560 5699 5841
32 tonnes 2087 2149 2214
33 tonnes 5559 5810 6071
35 tonnes 5024 5275 5539
36 tonnes 4044 4287 4544

186 Euroopanyhteisöjenvirallinenlehti11/Nide30
Category Unit 1993 1994 1995
37 tonnes 5840 6132 6439
50' tonnes 669 701 734
67 tonne« 1221 1270 1321
68 tonnes 1088 1142 1199
70 1000pieces 7010 7430 7876
73 1000pieces 796 812 828
77 tonnes 1793 Í838 1883
78 tonnes 5356 5544 5738
83 tonnes 313 320 328
86 1000pieces 5993 6353 6734
91 1000pieces 672 706 741
97 tonnes 1118 1185 1257
97(a) tonnes ' 358 380 403
100 tonnes 4950 5247 S562
111 tonnes 91 96 103
(*)Additional quantities
Unit 1993 1994 1995
1000pieces 266 275 285
Note:Thenumbersinbracketsarereferences cothefootnotesinAnnexIItotheAgreement fortheappropriate category
respectively .
Appendix 3
AgreedMinuteNo1
InthecontextoftheAgreement betweentheEuropeanEconomicCommunity andtheRepublicof
Koreaontradeintextileandclothingproducts,initialledon18December 1992,theParties
agreedthatArticle8oftheAgreement doesnotprecludetheCommunity ,iftheconditions are
fulfilled,fromapplyingthesafeguardmeasuresforoneormoreofitsregionsinconformity with
theprinciplesoftheinternalmarket.
Insuchanevent,Koreashallbeinformedinadvanceoftherelevantprovisions ofProtocolAto
theAgreement tobeapplied,asappropriate .
FortheGovernment
oftheRepublicofKoreaFortheCouncil
oftheEuropean Communities

Il/Nide30 Euroopanyhteisöjen virallinenlehti 187
Appendix 4
AgreedMinuteNo2
Notwithstanding Article12(1)ofthisAgreement ,forimperative technicaloradministrative
reasonsortofindasolutiontoeconomic problemsresultingfromregionalconcentration of
imports,orinordertocombatcircumvention andfraudoftheprovisionsofthisAgreement ,the
Community willestablishforalimitedperiodoftimeaspecificmanagement systeminconformity
withtheprinciplesoftheinternalmarket.
However ,ifthePartiesareunabletoreachasatisfactory solutionduringtheconsultations
providedforinArticle12(3),Koreaundertakes ,ifsorequested bytheCommunity ,torespect
temporary exportlimitsforoneormoreregionsoftheCommunity .Insuchacase,theselimits
shallnotprecludetheimportation intotheregion(s )concernedofproductswhichwereshipped
fromKoreaonthebasisofexportlicencesobtainedbeforethedateofformalnotification to
KoreabytheCommunity abouttheintroduction oftheabovelimits.
TheCommunity shallinformKoreaofthetechnicalandadministrative measures ,suchasdefined
intheattachednoteverbale,thatneedtobeintroduced bybothPartiesinordertoimplement the
aboveparagraphs inconformity withtheprinciplesoftheinternalmarket.
FortheGovernment
oftheRepublicofKoreaFortheCouncil
oftheEuropean Communities
Noteverbale
TheDirectorate-General forExternalRelationsoftheCommission oftheEuropeanCommunities
presentsitscompliments totheMissionoftheRepublicofKoreatotheEuropeanCommunities
andhasthehonourtorefertotheAgreement ontextileproductsnegotiated betweentheRepublic
ofKoreaandtheCommunity appliedsince1January1987,asextendedbytheexchangeofletters
initialledon16October1991andasfurtherextendedbytheexchangeoflettersof18December
1992.
TheDirectorate-General wishestoinformtheMissionoftheRepublicofKoreathatthe
Community hasdecidedtoapply,startingfrom1January1993,theprovisions ofparagraph 1of
AgreedMinuteNo2totheexchangeoflettersinitialledon18December 1992.Consequently ,the
corresponding provisions ofArticles7and12ofProtocolAtotheAgreement shallalsobe
appliedasoftheabovedate.
TheDirectorate-General forExternalRelationsavailsitselfofthisopportunity torenewtothe
MissionoftheRepublicofKoreatheEuropean Communities theassurance ofitshighest
consideration .

Il/Nide30 188 Euroopanyhteisöjen virallinenlehti
Appendix 5
AgreedMinuteNo3
InthecontextoftheAgreement betweentheEuropeanEconomicCommunity andtheRepublicof
Koreaontradeintextileandclothingproducts,initialledinBrusselson18December 1992,the
PartiesagreedthatKoreashallendeavournottodeprivecertainregionsoftheCommunity which
havetraditionally hadrelativelysmallsharesofCommunity quotasofimportsofproductsserving
asinputsfortheirprocessing industry .
TheCommunity andKoreafurtheragreedtoholdconsultations ,shouldtheneedarise,inorderto
avertanyproblemswhichmightoccurinthisrespect.
ThePartiesagreedthatthisAgreedMinutereplacesthecorresponding AgreedMinuteofthe
Agreement onthissubject.
FortheGovernment
oftheRepublicofKoreaFortheCouncil
oftheEuropean Communities
Appendix 6
AgreedMinuteNo4
InthecontextoftheAgreement betweentheEuropeanEconomicCommunity andtheRepublicof
Koreaontradeintextileandclothingproducts ,appliedsince1January1987,asextendedbythe
exchangeoflettersinitialledon16October1991andfurtherextendedbytheexchangeofletters
initialledon18December 1992,Koreaagreedthat,fromthedateofrequestforandpendingthe
consultations referredtoinArticle12(3),itshallcooperate bynotissuingexportlicencesthat
wouldfurtheraggravatetheproblemsresultingfromtheregionalconcentration ofdirectimports
intotheCommunity .
FortheGovernment
oftheRepublicofKoreaFortheCouncil
oftheEuropean Communities

Il/Nide30 Euroopanyhteisöjenvirallinenlehti 189
Exchangeofnotes
TheDirectorate-General forExternalRelationsoftheCommission oftheEuropean Communities
presentsitscompliments totheMissionoftheRepublicofKoreatotheEuropeanCommunities
andhasthehonourtorefertotheAgreement ontextileproductsbetweentheRepublicofKorea
andtheCommunity appliedsince1January1987,asextendedbytheexchangeoflettersinitialled
on16Octobsr1991andasfurtherextendedbytheexchangeoflettersinitialledon18December
1992.
TheDirectorate-General wishestoinformtheMissionoftheRepublicofKoreathatwhilst
awaitingthecompletion ofthenecessaryprocedures fortheconclusion andthecomingintoforce
oftheextendedAgreement ,theCommunity ispreparedtoallowtheprovisions oftheAgreement
toapplyde.factofrom1January1993.Thisisontheunderstanding thateitherPartymayatany
timeterminatethisdefactoapplication oftheextendedAgreement providedthat120days'notice
isgiven.
TheDirectorate-General forExternalRelationswouldbegratefuliftheMissionwouldconfirmits
Agreement totheforegoing .
TheDirectorate-General forExternalRelationsavailsitselfofthisopportunity torenewtothe
MissionoftheRepublicofKoreatotheEuropeanCommunities theassuranceofitshighest
consideration .

90 Euroopanyhteisöjenvirallinenlehti 11/Nide30
LetterNo2
Sir,
Ihavethehonourtoacknowledge receiptofyourletterof18December 1992,whichreadsas
follows :
'Sir,
Ihavethehonourtorefertotheconsultations heldon14and15December 1992
betweenourrespectivedelegations forthepurposeofamendingtheAgreement ontrade
intextileproductsbetweentheEuropeanEconomicCommunity andtheRepublicof
Korea,appliedsince1January1987,asextendedbytheexchangeoflettersapplied
since1January1992(hereinafter "theAgreement ").
2.Asaresultoftheseconsultations ,bothPartiesagreedtoamendthefollowingprovisions
oftheAgreement :
2.1.AnnexIandAnnexIIwhichsetouttheproductsconcerned bytheAgreement andthe
quantitative restrictions forexportsfromtheRepublicofKoreatotheEuropean
Economic Community ,arereplacedfortheperiod1January1993to31December
1994byAppendix 1andAppendix 2tothisletter,respectively .
2.2.Article8(6)andProtocolCtotheAgreement aredeleted.
2.3.Article9(2)isreplacedbythefollowing :
"Theinformation referredtoinparagraph 1shall,forallcategoriesofproducts,be
forwarded beforetheendofthemonthfollowingthemonthtowhichthestatistics
relate."
2.4.Article12isreplacedbythefollowing :
"1.Thequantitative limitsestablished underthisAgreement onimportsintothe
Community oftextileproductsofKoreanoriginwillnotbebrokendownbythe
Community intoregionalshares.
2.ThePartiesshallcooperate inordertopreventsuddenandprejudicial changesin
traditional tradeflowsresultinginregionalconcentration ofdirectimportsintothe
Community .
3.Koreashallmonitoritsexportsofproductsunderrestraintorsurveillance intothe
Community .Shouldasuddenandprejudicial changeintraditional tradeflows
arise,theCommunity willbeentitledtorequestconsultations inordertofinda
satisfactory solutiontothoseproblems .Suchconsultations mustbeheldwithin15
workingdaysoftheirbeingrequestedbytheCommunity .
4.Koreashallendeavour toensurethatexportsoftextileproductssubjectto
quantitative limitsintotheCommunity arespacedoutasevenlyaspossibleover
theyeardueaccountbeingtakeninparticularofseasonalfactors."
2.5.Article14andallreferences tothisArticleintheAgreement aredeleted.
2.6.Thefollowing isaddedatthebeginningof:
"1.SavewhereitisotherwiseprovidedforinthisAgreement ,..."
2.7.ThesecondsentenceofArticle18(1)isreplacedbythefollowing :
"Itshallbeapplicable until31December 1994.Thereafter ,theapplication ofallthe
provisionsofthisAgreement shallbeextendedautomatically foraperiodofonemore
yearupto31December 1995,unlesseitherPartynotifiestheotheratleastsixmonths
before31December 1994thatitdoesnotagreewiththisextension .However ,ifthe
Agreement ontradeintextilesandclothingproductsresultingfromtheUruguayRound
GATTtradenegotiations isconcluded andentersintoforceatanearlierdate,this
Agreement shallbeautomatically terminated asofthedateagreedforthe
implementation oftheresultsoftheUruguayRoundGATTtradenegotiations ."

11/Nide30 Euroopanyhteisöjen virallinenlehti 191
2.8.ThefirstsentenceofArticle7(1)ofProtocolAisreplacedbythefollowing :
"1.Theexportlicence,shallconformtothemodelannexedtothisProtocolanditshall
bevalidforexportsthroughout thecustomsterritorytowhichtheTreaty
establishing theEuropeanEconomic Community isapplied.However ,wherethe
Community hasmaderecoursetotheprovisions ofArticle8inaccordance with
theprovisions ofAgreedMinuteNo1,ortoAgreedMinuteNo2,thetextile
productscoveredbythecorresponding exportlicencescanonlybeputintofree
circulation intheregion(s)oftheCommunity indicatedinthoselicences."
2.9.ThesecondindentofArticle12(1)ofProtocolAtotheAgreement isreplacedbythe
following :
"Theimportauthorizations shallbevalidforsixmonthsfromthedateoftheirissuefor
importsthroughout thecustomsterritorytowhichtheTreatyestablishing theEuropean
EconomicCommunity isapplied.However ,wheretheCommunity hasrecoursetothe
provisionsofArticle8inaccordance withtheprovisions ofAgreedMinuteNo1,orto
AgreedMinuteNo2,theproductscoveredbytheimportlicencescanonlybeputinto
freecirculation intheregion(s )oftheCommunity indicatedinthoselicences."
2.10.ThesecondandfifthindentsofArticle14(2)ofProtocolAarereplacedbythe
following :
"—twolettersidentifying theintendedMemberStateofcustomsclearance as
follows :
BL=Benelux, FR=France,
DE=Germany, GB=UnitedKingdom ,
DK=Denmark , IE=Ireland,
EL=Greece, IT=Italy,
ES=Spain, PT=Portugal",
afive-digitnumberrunningconsecutively from00001to99999allocatedtothe
intendedMemberStateofcustomsclearance."
2.11.AgreedMinuteNo1setoutinAppendix 3tothislettershallformanintegralpartof
theAgreement .
2.12.AgreedMinuteNo2setoutinAppendix 4tothislettershallformanintegralpartof
theAgreement .
2.13.AgreedMinuteNo3setoutinAppendix 5tothislettershallformanintegralpartof
theAgreement .
2.14.AgreedMinuteNo4setoutinAppendix 6tothislettershallformanintegralpartof
theAgreement .
3.ThePartiesagreedthatthisAgreement intheformofanexchangeoflettersshallenter
intoforceonthefirstdayofthemonthfollowingthedayonwhichthePartieshave
notifiedeachotherthatthelegalprocedures necessary tothisendhavebeen
completed .
ThePartiesalsoagreedthatthisAgreement intheformofanexchangeoflettersand
theamendments herebytotheAgreement of1987,asextended ,shallbeapplied
provisionally from1January1993.
4.Ishouldbeobligedifyoukindlyconfirmtheacceptance ofyourGovernment ofthe
foregoing .
Pleaseaccept,Sir,theassuranceofmyhighestconsideration .'
IhavethehonourtoconfirmthatmyGovernment isinagreement withthecontentsofyour
letter.
Pleaseaccept,Sir,theassuranceofmyhighestconsideration .
FortheGovernment
oftheRepublicofKorea

192 Euroopanyhteisöjen virallinenlehti li/Nide30
Appendix 1
(ThecontentsofAppendix 1areidenticaltothoseofAppendix 1totheAgreement withSingapore ;seepages
16to42)
Appendix 2
ANNEX II
(Thefullproductdescriptions ofthecategories listedinthisAnnexaretobefoundinAnnexItothe
Agreement )
COMMUNITY QUANTITATIVE LIMITS
Category Unit 1993 1994 1995
1 tonnes 880 881 882
2 tonnes 5591 5596 5602
2(a) tonnes 706 707 708
3 tonnes 4480 4503 4525
3(a) tonnes 669 675 682
4 1000pieces(') 12521 12659 12798
5 1000pieces 28110 28278 28448
6 1000pieces(') 5172 5236 5302
7 1000pieces 8649 8714 8780
8 1000pieces 29494 29715 29938
9 tonnes 1167 1197 1227
10 1000pieces 22210 23099 24023
12 1000pieces 133136 136465 139876
13 1000pieces 8915 9048 9184
14 1000pieces 5999 6149 6303
15 1000pieces 7767 8000 8240
16 1000pieces 905 923 941
17 1000pieces(2) 2738 2780 2821
18 tonnes 1377 1418 1461
21 1000pieces(')(2) 12281 12526 12777
22 tonnes 13288 13753 14235
24 1000pieces 4130 4266 4407
26 1000pieces 2752 2780 2808
27 1000pieces 1615 1647 1680
28 1000pieces 627 646 665
29...-* 1000pieces(3)(*) 477 491 506
31 1000pieces 5560 5699 5841
32 tonnes 2087 2149 2214
33 tonnes 5559 5810 6071
35 tonnes 5024 5275 5539
36 tonnes 4044 4287 4544

Il/Nide30 193 Euroopanyhteisöjen virallinenlehti
Category Unit 1993 1994 1995
37 tonnes 5840 6132 6439
50 tonnes 669 701 734
67 tonnes 1221 12705 1321
68 tonnes 1088 1142 1199
70 1000pieces 7010 7430 7876
73 1000pieces 796 812 828
77 tonnes 1793 1838 1883
78 tonnes 5356 5544 5738
83 tonnes 313 320 328
86 1000pieces 5993 6353 6734 ■
91 1000pieces 672 706 741
97 tonnes 1118 1185 1257
97(a) tonnes 358 380 403
100 tonnes 4950 5247 5562
111 tonnes 91 96 103
(*)Additional quantities
Unit •1993 1994 1995
1000pieces 266 275 285
Note:ThenumbersinbracketsarereferencestothefootnotesinAnnexIIrotheAgreement fortheappropriate category
respectively .
Appendix 3
AgreedMinuteNo1
InthecontextoftheAgreement betweentheEuropeanEconomicCommunity andtheRepublicof
Koreaontradeintextileandclothingproducts ,initialledon18December 1992,theParties
agreedthatArticle8oftheAgreement doesnotprecludetheCommunity ,iftheconditions are
fulfilled,fromapplyingthesafeguardmeasuresforoneormoreofitsregionsinconformity with
theprinciplesoftheinternalmarket.
Insuchanevent,Koreashallbeinformedinadvanceoftherelevantprovisions ofProtocolAto
theAgreement tobeapplied,asappropriate .
FortheGovernment
oftheRepublicofKoreaFortheCouncil
oftheEuropean Communities

194 Euroopanyhteisöjen virallinenlehti 11/Nide30
Appendix 4
AgreedMinuteNo2
Notwithstanding Article12(1)ofthisAgreement ,forimperative technicaloradministrative
reasonsortofindasolutiontoeconomicproblemsresultingfromregionalconcentration of
imports,orinordertocombatcircumvention andfraudoftheprovisions ofthisAgreement ,the
Community willestablishforalimitedperiodoftimeaspecificmanagement systeminconformity
withtheprinciplesoftheinternalmarket.
However ,ifthePartiesareunabletoreachasatisfactory solutionduringtheconsultations
providedforinArticle12(3),Koreaundertakes ,ifsorequested bytheCommunity ,torespect
temporary exportlimitsforoneormoreregionsoftheCommunity .Insuchacase,theselimits
shallnotprecludetheimportation intotheregion(s)concerned ofproductswhichwereshipped
fromKoreaonthebasisofexportlicencesobtainedbeforethedateofformalnotification to
KoreabytheCommunity abouttheintroduction oftheabovelimits.
TheCommunity shallinformKoreaofthetechnicalandadministrative measures ,suchasdefined
intheattachednoteverbale,thatneedtobeintroduced bybothPartiesinordertoimplement the
aboveparagraphs inconformity withtheprinciplesoftheinternalmarket.
FortheGovernment
oftheRepublicofKoreaFortheCouncil
oftheEuropean Communities
Noteverbale
TheDirectorate-General forExternalRelationsoftheCommission oftheEuropeanCommunities
presentsitscompliments totheMissionoftheRepublicofKoreatotheEuropeanCommunities
andhasthehonourtorefertotheAgreement ontextileproductsnegotiated betweentheRepublic
ofKoreaandtheCommunity appliedsince1January1987,asextendedbytheexchangeofletters
initialledon16October1991andasfurtherextendedbytheexchangeoflettersof18December
1992.
TheDirectorate-General wishestoinformtheMissionoftheRepublicofKoreathatthe
Community hasdecidedtoapply,startingfrom1January1993,theprovisions ofparagraph 1of
AgreedMinuteNo2totheexchangeoflettersinitialledon18December 1992.Consequently ,the
corresponding provisions ofArticles7.and12ofProtocol AtotheAgreement shallalsobe
appliedasoftheabovedate.
TheDirectorate-General forExternalRelationsavailsitselfofthisopportunity torenewtothe
xMissionoftheRepublicofKoreatheEuropean Communities theassurance ofitshighest
consideration .

11/Nide30 Euroooanyhteisöjen virallinenlehti 195
Appendix 5
AgreedMinuteNo3
InthecontextoftheAgreement oetweentheEuropeanEconomicCommunity andtheRepublicof
Koreaontradeintextileandclothingproducts,initialledinBrusselson18December 1992,the
PartiesagreedthatKoreashallendeavour nottodeprivecertainregionsoftheCommunity which
havetraditionally hadrelativelysmallsharesofCommunity quotasofimportsofproductsserving
asinputsfortheirprocessing industry .
TheCommunity andKoreafurtheragreedtoholdconsultations ,shouldtheneedarise,inorderto
avertanyproblemswhichmightoccurinthisrespect.
ThePartiesagreedthatthisAgreedMinutereplacesthecorresponding AgreedMinuteofthe
Agreement onthissubject.
FortheGovernment
oftheRepublicofKoreaFortheCouncil
oftheEuropean Communities
Appendix 6
AgreeaMinuteNo4
InthecontextoftheAgreement betweentheEuropeanEconomicCommunity andtheRepublicot
Koreaontradeintextileandclothingproducts ,appliedsince1January1987,asextendedbythe
exchangeoflettersinitialledon16October1991andfurtherextendedbytheexchangeofletters
initialledon18December 1992,Koreaagreedthat,fromthedateofrequestforandpendingthe
consultations referredtoinArticle12(3),itshallcooperate bynotissuingexportlicencesthat
wouldfurtheraggravatetheproblemsresultingfromtheregionalconcentration ofdirectimports
intotheCommunity .
FortheGovernment
oftheKepublicofKoreaFortheCouncil
oftheEuropean Gommunities

96 Euroopanyhteisöjen virallinenlehti li/Nide30
Exchangeofnotes
TheMissionoftheRepublicofKoreatotheEuropeanCommunities presentsitscompliments to
theDirectorate-General forExternalRelationsoftheCommission oftheEuropeanCommunities
andhasthehonourtorefertotheDirector-General's noteof.18December 1992regardingthe
Agreement ontextileproductsbetweentheRepublicofKoreaandtheCommunity appliedsince
1January1987,asextendedbytheexchangeoflettersinitialledon16October1991andas
furtherextendedbytheexchangeoflettersinitialledon18December 1992.
TheMissionoftheRepublicofKoreawishestoconfirmtotheDirectorate-General thatwhilst
awaitingthecompletion ofthenecessaryprocedures fortheconclusion andthecomingintoforce
oftheextendedAgreement ,theGovernment oftheRepublicofKoreaispreparedtoallowthe
provisions oftheextendedAgreement toapplydefactofrom1January1993.Thisisonthe
understanding thateitherPartymayatanytimeterminate thisdefactoapplication ofthe
extendedAgreement providedthat120days'noticeisgiven.
TheMissionoftheRepublicofKoreatotheEuropean Communities availsitselfofthis
opportunity torenewtotheDirectorate-General forExternalRelations theassurance ofits
highestconsideration .