WHEREAS ACCORDING TO THE INFORMATION GATHERED BY THE COMMISSION THE PRICES OF IMPORTS INTO THE COMMUNITY OF COTTON YARN ORIGINATING IN TURKEY CONSIDERABLY UNDERCUT THE PRICES OF LIKE PRODUCTS PRODUCED BY COMMUNITY MANUFACTURERS ;
WHEREAS THE CONSEQUENT IMPACT ON THE COMMUNITY INDUSTRY , WHOSE VOLUME OF PRODUCTION DROPPED FROM 613 000 TONNES IN 1977 TO 284 000 TONNES FOR THE FIRST SIX MONTHS OF 1981 , TAKES THE FORM OF A DEPRESSION OF COMMUNITY PRICES , IN REAL TERMS FOR MANY PRODUCERS MAKING IT IMPOSSIBLE TO COVER PRODUCTION COSTS ;
WHEREAS MOST OF THE COMMUNITY FIRMS ARE CONSEQUENTLY MAKING CONSIDERABLE LOSSES ON THE COTTON YARN COVERED BY THE PROCEEDING AND THIS HAS PUT AT RISK THE PROFITABILITY OF THE INDUSTRY AS A WHOLE AND HAS ALREADY LED TO AN APPRECIABLE FALL IN THE NUMBERS DIRECTLY EMPLOYED IN THE MANUFACTURE OF COTTON YARN FROM 92 000 IN 1980 TO APPROXIMATELY 85 000 BY THE END OF THE FIRST HALF OF 1981 ;
WHEREAS THE COMMISSION HAS CONSIDERED WHETHER THERE IS INJURY CAUSED BY OTHER FACTORS WHICH , INDIVIDUALLY OR IN COMBINATION , ARE ALSO ADVERSELY AFFECTING THE COMMUNITY INDUSTRY ; WHEREAS THE COMMISSION HAS EXAMINED , IN PARTICULAR IN THIS CONTEXT , THE CONDITIONS GOVERNING OTHER IMPORTS , THE LEVEL OF DEMAND IN THE COMMUNITY FOR COTTON YARN AND THE COMPETITION AMONG COMMUNITY PRODUCERS ; WHEREAS THE LEVEL OF OTHER IMPORTS INCREASED SLIGHTLY BETWEEN 1979 AND 1980 BUT THIS TREND HAS BEEN REVERSED IN 1981 ; WHEREAS , MOREOVER , THE BULK OF SUCH IMPORTS ARE SUBJECT TO QUANTITATIVE RESTRICTIONS ; WHEREAS , ACCORDING TO THE INFORMATION AVAILABLE TO THE COMMISSION , THE LEVEL OF COMMUNITY DEMAND FOR COTTON YARN , AFTER INCREASING IN 1979 , HAS WEAKENED SLIGHTLY SINCE 1980 , WHILE OVER THIS PERIOD THE NUMBERS OF COMMUNITY PRODUCERS HAVE DECLINED AND THE MARKET SHARE OF THIRD COUNTRIES OTHER THAN TURKEY HAS REMAINED RELATIVELY STABLE ;
WHEREAS , IN THESE CIRCUMSTANCES , THE INJURIOUS EFFECTS ATTRIBUTED SOLELY TO DUMPING BY TURKEY REPRESENT MATERIAL INJURY ;
WHEREAS , IN THESE CIRCUMSTANCES , TO PREVENT INJURY BEING CAUSED DURING THE PROCEEDING AND DURING THE DELIBERATIONS OF THE ASSOCIATION COUNCIL , WHICH HAS BEEN INFORMED OF THE PROCEEDING , AND HAVING REGARD TO THE RISING TREND OF THE DUMPING AND THE RESULTANT INJURY , THE INTERESTS OF THE COMMUNITY CALL FOR IMMEDIATE INTERVENTION ; WHEREAS SUCH IMMEDIATE INTERVENTION CONSISTS IN THE IMPOSITION OF A PROVISIONAL ANTI-DUMPING DUTY ON IMPORTS OF CERTAIN COTTON YARN ORIGINATING IN TURKEY ;
WHEREAS THE IMPOSITION OF THIS DUTY IS WITHOUT PREJUDICE TO ANY DECISION TAKEN BY THE ASSOCIATION COUNCIL WITHIN THREE MONTHS , PURSUANT TO ARTICLE 47 OF THE SUPPLEMENTARY PROTOCOL REFERRED TO ABOVE ;
WHEREAS , IN ORDER TO DETERMINE THE AMOUNT OF SUCH DUTY , THE COMMISSION CONSIDERED THE PROVISIONALLY DETERMINED DUMPING MARGINS AND THE SCALE OF INJURY CAUSED ;
WHEREAS THE COMMISSION CONCLUDED THAT THE DUTY MUST CORRESPOND TO THE LOWEST OF THE PROVISIONALLY ESTABLISHED DUMPING MARGINS , NAMELY 16 % ,
HAS ADOPTED