1st

year

2nd

year

3rd

year

4th

year

5th

year

Total

percentages

10%

12.5%

16.5%

22.5%

 38.5%

100%

Overseas
Countries and
Territories of

MILLIONS OF EPU UNITS OF ACCOUNT

Belgium

3  

3.75

4.95

6.75

11.55

30

France

51.125

63.609

84.356

115.031

196.832

511.25

Italy

0.5

0.625

0.825

1.125

1.925

5

Netherlands

3.5

4.375

5.775

7.785

13.475

35  

1.

From the first approximation of external duties provided for in Article 23 ( 1 ) ( b ) of this Treaty until the end of the second stage, the Federal Republic of Germany shall enjoy an annual duty free import quota equal to 90% of the quantities imported in 1956, less the quantities coming from the countries and territories referred to in Article 131 of this Treaty.

2.

From the end of the second stage until the end of the third stage, the quota shall be 80% of the quantity defined above.

3.

The annual quotas determined in paragraphs 1 and 2 shall be in creased by 50% of the difference between the total quantities imported during each preceding year and the quantities imported in 1956.

If total imports decrease in comparison with those for 1956, the annual quotas provided for above shall not exceed 90% of the imports for each preceding year during the period referred to in paragraph 1, or 80% of the imports for each preceding year during the period referred to in paragraph 2.

4.

As soon as the Common Customs Tariff applies in its entirety, the quota shall be 75% of the imports for 1956. This quota shall be increased as provided in the first subparagraph of paragraph 3.

If imports have decreased in comparison with those for 1956, the annual quota provided for above shall not exceed 75% of the imports for each preceding year.

Any decision to abolish or amend this quota shall be taken by the Council, acting by a qualified majority on a proposal from the Commission.