; WHEREAS , ACCORDING TO THE INFORMATION AVAILABLE TO THE COMMISSION , THE LEVEL OF COMMUNITY DEMAND FOR MECHANICAL ALARM CLOCKS REMAINED UNCHANGED FROM 1975 TO 1978 , WHILE OVER THIS PERIOD THE NUMBER OF COMMUNITY PRODUCERS DECLINED CONSIDERABLY ;
WHEREAS THE PRELIMINARY EXAMINATION OF THE FACTS SHOWS THAT THERE IS NO DUMPING IN THE CASE OF HONG KONG ; WHEREAS , ON THE OTHER HAND , CHINA , CZECHOSLOVAKIA , THE GERMAN DEMOCRATIC REPUBLIC AND THE USSR , WERE FOUND TO BE DUMPING AND THERE IS SUFFICIENT EVIDENCE OF INJURY RESULTING THEREFROM ;
WHEREAS , IN THESE CIRCUMSTANCES , TO PREVENT INJURY BEING CAUSED DURING THE PROCEEDING , THE INTERESTS OF THE COMMUNITY CALL FOR IMMEDIATE INTERVENTION CONSISTING IN THE IMPOSITION OF A PROVISIONAL ANTI-DUMPING DUTY ON IMPORTS OF MECHANICAL ALARM CLOCKS ( OTHER THAN TRAVEL ALARMS ) ORIGINATING IN CZECHOSLOVAKIA , CHINA , THE GERMAN DEMOCRATIC REPUBLIC AND THE USSR ; WHEREAS PROTECTIVE MEASURES ARE UNNECESSARY IN THE CASE OF HONG KONG ;
WHEREAS THE COMMISSION , AFTER HAVING EXAMINED THE COMMUNITY PRODUCERS ' AND IMPORTERS ' PRICES , COSTS , PROFITABILITY AND MARKETING CONDITIONS , HAS DETERMINED THE IMPORT PRICES NECESSARY TO ELIMINATE THE INJURY CAUSED ;
WHEREAS , AFTER BEING INFORMED OF THE MAIN FINDINGS OF THE INVESTIGATION THE CHINESE AND CZECHOSLOVAK EXPORTERS CONCERNED HAVE OFFERED TO UNDERTAKE TO INCREASE THEIR PRICES TO A LEVEL WHICH ELIMINATES THE INJURY CAUSED BY DUMPING IN RESPECT OF TWIN BELL MODELS , AND WHICH ELIMINATES THE MARGINS OF DUMPING ESTABLISHED FOR OTHER TYPES ; WHEREAS THE COMMISSION , HAVING CONSULTED THE MEMBER STATES , CONSIDERS THESE UNDERTAKINGS TO BE ACCEPTABLE AND THAT IT IS NOT NOW NECESSARY TO TAKE PROTECTIVE ACTION IN RESPECT OF THE PRODUCTS IN QUESTION ORIGINATING IN CHINA AND CZECHOSLOVAKIA ;
WHEREAS , IN THE COURSE OF ITS INVESTIGATION , THE COMMISSION HAS ALSO REVIEWED THE UNDERTAKINGS ACCEPTED BY THE UNITED KINGDOM GOVERNMENT IN 1976 UNDER THE TRANSITIONAL PROVISIONS OF THE ACT OF ACCESSION FROM EXPORTERS IN THE GERMAN DEMOCRATIC REPUBLIC AND THE USSR ; WHEREAS THE COMMISSION HAS CONCLUDED THAT THESE UNDERTAKINGS NO LONGER ELIMINATE THE MARGINS OF DUMPING , OR THE EXTENT OF INJURY , FOR THE PRODUCTS IN QUESTION ; WHEREAS THE EXPORTERS HAVE NOT OFFERED TO REVISE THEIR UNDERTAKINGS ; WHEREAS THE COMMISSION SHOULD CONSEQUENTLY WITHDRAW THE ACCEPTANCE OF THESE UNDERTAKINGS ,
HAS DECIDED AS FOLLOWS :
ARTICLE 1
THE UNDERTAKINGS OFFERED BY THE CHINESE NATIONAL LIGHT INDUSTRIAL PRODUCTS IMPORT AND EXPORT CORPORATION , PEKING , CHINA , AND MERKURIA FOREIGN TRADE CORPORATION , PRAGUE , CZECHOSLOVAKIA , IN THE CONTEXT OF THE ANTI-DUMPING PROCEEDING CONCERNING IMPORTS OF MECHANICAL ALARM CLOCKS ( OTHER THAN TRAVEL ALARMS ), ARE HEREBY ACCEPTED .
ARTICLE 2
THE ANTI-DUMPING PROCEEDING IN QUESTION IS HEREBY TERMINATED IN RESPECT OF CHINA , CZECHOSLOVAKIA AND HONG KONG .
ARTICLE 3
THE ACCEPTANCE OF THE UNDERTAKINGS OFFERED IN 1976 TO THE UNITED KINGDOM GOVERNMENT BY VEB UHREN- UND MASCHINENKOMBINAT RUHLA , BERLIN , GERMAN DEMOCRATIC REPUBLIC , AND MASHPRIBORINTORG .,