Council Regulation (EC) No 1988/94 of 27 July 1994 amending Regulation (EC) No 3637/93 opening and providing for the administration of Community tariff quotas bound in GATT for certain agricultural and industrial products

COUNCIL REGULATION (EC) No 1988/94 of 27 July 1994 amending Regulation (EC) No 3637/93 opening and providing for the administration of Community tariff quotas bound in GATT for certain agricultural and industrial products
THE COUNCIL OF  THE EUROPEAN UNION
,
Having regard to the Treaty establishing the European Community, and in particular Article 113 thereof,
Having regard to the proposal from the Commission,
Whereas, for newsprint, the Community has reached an agreement which provides in particular for the opening of a Community tariff quota for 650 000 tonnes, of which 600 000 tonnes are reserved, until 30 November of each year, exclusively for products  from Canada, in accordance with Article XIII of the General Agreement on Tariffs and Trade; whereas this agreement provides equally for the obligation to increase, by 5 % that part of the quota reserved for imports from Canada, in the event that that  part is used up before the end of a given period of one year; whereas the quota of 650 000 tonnes was opened for 1994 by Council Regulation (EC) No 3637/93 (1);
Whereas the economic data at present available gives rise to the belief that the requirements for importing newsprint from Canada could reach at level higher than the said volume of 600 000 tonnes; whereas the volume of that part of the quota reserved  for these imports should be increased, therefore, by 30 000,