Commission Regulation (EEC) No 2650/87 of 31 August 1987 re-establishing the levying of the customs duties on stearic acid, falling within subheading 15.10 A of the Common Customs Tariff, originating in Malaysia, to which the preferential tariff arrangements set out in Council Regulation (EEC) No 3926/86 apply

COMMISSION  REGULATION (EEC) No 2650/87
of 31 August 1987
re-establishing the levying of the customs duties on stearic acid, falling within subheading 15.10 A of the Common Customs Tariff, originating in Malaysia, to which the preferential tariff arrangements set out in Council Regulation (EEC) No 3926/86 apply
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 3926/86 of 16 December 1986, applying generalized tariff preferences for 1987 (1), in respect of certain agricultural products originating in developing countries, notably under Article 33,
Whereas, pursuant to Article 1 of Regulation (EEC) No 3926/86, stearic acid, falling within subheading 15.10 A of the Common Customs Tariff, originating in Malaysia, is permitted to be imported into the Community exempt from duty; whereas, by the terms of Article 32 of the said Regulation, the customs duties applied in the Community can be re-established if imports of the abovementioned product the Community in such quantities or at such prices that they bring or threaten to bring a serious prejudice against producers in the Community of similar or directly competitive products;
Whereas preferential imports of stearic acid from Malaysia into the Community are being made at prices which place Community producers of this product at a serious disadvantage,