Council Regulation (EC) No 1296/2004 of 12 July 2004 authorising transfers between the quantitative limits of textiles and clothing products originating in the Socialist Republic of Vietnam

16.7.2004 EN Official Journal of the European Union L 244/10
COUNCIL REGULATION (EC) No 1296/2004
of 12 July 2004
authorising transfers between the quantitative limits of textiles and clothing products originating in the Socialist Republic of Vietnam
THE COUNCIL OF THE EUROPEAN UNION
,
Having regard to the Treaty establishing the European Community, and in particular Article 133 thereof,
Whereas:
(1) On 15 December 1992, the European Community and the Socialist Republic of Vietnam initialled an Agreement on trade in textile and clothing products (1) which was approved by Decision 96/477/EC (2). That Agreement has been last amended by an Exchange of Letters between the European Community and the Socialist Republic of Vietnam, initialled on 15 February 2003 and provisionally applied from 10 September 2003 (3).
(2) Pursuant to Article 9 of that Agreement, certain quantitative limits may be transferred to the following year if they have not been used in the current year.
(3) In the light of the quota increase provided for under the Exchange of Letters of 15 February 2003, the Socialist Republic of Vietnam, on 10 September 2003, made a request that the unused quantities of the quota increase for 2003 be transferred to the quantitative limits of quota year 2004.
(4) As Vietnamese and Community operators could only partially benefit from the quota increase in 2003, it is appropriate to transfer the unused part of these additional quantities to the quota levels of quota year 2004,