Commission Regulation (EEC) No 2078/88 of 13 July 1988 re-establishing the levying of customs duties on cortisones, falling within combined nomenclature codes 2937 21 00 and 2937 29 10, originating in China, to which the preferential tariff arrangements set out in Council Regulation (EEC) No 3635/87 apply

COMMISSION  REGULATION (EEC) No 2078/88
of 13 July 1988
re-establishing the levying of customs duties on cortisones, falling within combined nomenclature codes 2937 21 00 and 2937 29 10, originating in China, to which the preferential tariff arrangements set out in Council Regulation (EEC) No 3635/87 apply
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 3635/87 of 17 November 1987 applying generalized tariff preferences for 1988 in respect of certain industrial products originating in developing countries (1), and in particular Article 16 thereof,
Whereas, pursuant to Article 1 of Regulation (EEC) No 3635/87, duties on certain products originating in each of the countries or territories listed in Annex III shall be totally suspended and the products as such shall, as a general rule, be subject to statistical surveillance every three months on the reference base referred to in Article 15;
Whereas, as provided for in Article 15, where the increase of preferential imports of these products, originating in one or more beneficiary countries, causes, or threatens to cause, economic difficulties in the Community or in a region of the Community, the levying of customs duties may be re-established once the Commission has had an appropriate exchange of information with the Member States; whereas for this purpose the reference base to be considered shall be, as a general rule, equal to 5 % of the total importations into the Community, originating from third countries in 1986;
Whereas, in the case of cortisones falling within combined nomenclature codes 2937 21 00 and 2937 29 10, the reference base is fixed at 270 000 ECU; whereas, on 22 June 1988, imports of these products into the Community originating in China, reached the reference base in question after being charged thereagainst; whereas the exchange of information organized by the Commission has demonstrated that continuance of the preference threatens to cause economic difficulties in a region of the Community; whereas, therefore, customs duties in respect of the products in question must be re-established against China,