Article 1 
1. For certain non-agricultural products where the Uruguay Round reductions which amount in total to 1 percentage point or less over several years, a reduction of a 0,5 percentage point to the present rate of duty shall be made on 1 January 1995 and 1 January 1997 respectively. These products are listed in Annex A. 2. The measures referred to in the Exchange of Letters complementing the Agreement between the European Economic Community and the United States of America for the conclusion of negotiations under GATT Article XXIV: 6 shall be applied by the Community until 30 June 1995 for those agricultural products to which the tariff measures resulting from the Uruguay Round will enter into force on 1 July 1995.
Article 2 
For certain chemical products listed in Annex B, the rates of duties applicable on 1 January 1995 shall be those indicated in column 6.
Article 3 
1. This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities . 2. It shall apply from 1 January 1995. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 1994. For the Council The President H. SEEHOFER This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 22 December 1994. For the Council The President H. SEEHOFER For the Council The President H. SEEHOFER