1995 Annual Report on Exchange Arrangements & Exchange Restrictions
Back Matter

Back Matter

Author(s):
International Monetary Fund. Monetary and Capital Markets Department
Published Date:
January 1995
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    APPENDIX European Union: Selected Trade Measures Introduced and Eliminated on an EU-Wide Basis During 19941

    Antidumping Duties

    1. Introduction

    January 12. Provisional antidumping duty was imposed on imports of hematite pig iron originating in Brazil, Poland, the Russian Federation, and Ukraine (Commission Decision No. 67/94).

    February 1. Definitive antidumping duty was imposed on imports of ethanolamine originating in the United States (Council Regulation No. 229/94).

    February 17. Provisional antidumping duty was imposed on imports of large aluminum electrolytic capacitors originating in the Republic of Korea and Taiwan Province of China (Commission Regulation No. 371/94).

    February 21. Definitive antidumping duty was imposed on imports of gas-fueled, non-refillable flint lighters originating in the People’s Republic of China, Japan, the Republic of Korea, and Thailand (Council Regulation No. 398/94).

    March 9. Provisional antidumping duty was imposed on imports of certain magnetic disks (3.5-inch microdisks) originating in Hong Kong and the Republic of Korea (Commission Regulation No. 534/94).

    March 17. Definitive antidumping duty was imposed on imports of ferro-silicon originating in the People’s Republic of China and South Africa (Council Regulation No. 621/94).

    March 29. Definitive antidumping duty was imposed on isobutanol originating in the Russian Federation (Council Regulation No. 721/94).

    April 12. Definitive antidumping duty was imposed on imports of silicon carbide originating in the People’s Republic of China, Poland, the Russian Federation, and Ukraine (Council Regulation No. 821/94).

    April 19. Definitive antidumping duty was imposed on imports of certain ball bearings originating in Japan (Council Regulation No. 872/94).

    April 21. Provisional antidumping duty was imposed on imports of calcium metal originating in the People’s Republic of China and the Russian Federation (Commission Regulation No. 892/94).

    June 13. Definitive antidumping duty was imposed on imports of large aluminum electrolytic capacitors originating in the Republic of Korea and Taiwan Province of China (Council Regulation No. 1384/94).

    June 20. Provisional antidumping duty was imposed on imports of artificial corundum originating in the People’s Republic of China (Commission Regulation No. 1418/94).

    July 15. Definitive antidumping duty was imposed on imports of hematite pig iron originating in Brazil, Poland, the Russian Federation, and Ukraine (Commission Decision No. 1751/94).

    July 18. Provisional antidumping duty was imposed on imports of furfuraldehyde originating in the People’s Republic of China (Commission Decision No. 1783/94).

    July 22. Definitive quantitative limit on imports of certain textile products (Category 28) originating in Pakistan (Commission Regulation No. 1802/94).

    July 25. Definitive antidumping duty was imposed on imports of cotton yarn originating in Brazil and Turkey (Council Regulation No. 1828/94).

    September 9. Definitive antidumping duty was imposed on imports of certain magnetic disks (3.5-inch microdisks) originating in Hong Kong and the Republic of Korea (Council Regulation No. 2199/94).

    September 14. Definitive antidumping duty was imposed on imports of ferro-silicon originating in Brazil (Council Regulation No. 2238/94).

    September 21. Provisional antidumping duty was imposed on imports of tungsten ores and concentrates, tungstic oxide, tungstic acid, tungsten carbide, and fused tungsten carbide originating in the People’s Republic of China (Commission Regulation No. 2286/94).

    September 27. Provisional antidumping duty was imposed on imports of color television receivers originating in the People’s Republic of China, the Republic of Korea, Malaysia, Singapore, and Thailand (Commission Regulation No. 2376/94).

    October 19. Definitive antidumping duty was imposed on imports of artificial corundum originating in the People’s Republic of China, the Russian Federation, and Ukraine (Council Regulation No. 2556/94).

    October 19. Definitive antidumping duty was imposed on imports of calcium metal originating in the People’s Republic of China and the Russian Federation (Council Regulation No. 2557/94).

    November 17. Definitive antidumping duty was imposed on imports of potassium permanganate originating in the People’s Republic of China (Council Regulation No. 2819/94).

    December 12. Provisional antidumping duty was imposed on imports of urea ammonium nitrate solution originating in Bulgaria and Poland (Commission Decision No. 825/94).

    December 19. Provisional antidumping duty was imposed on imports of ferro-silico-manganese originating in Brazil, the Russian Federation, South Africa, and Ukraine (Commission Regulation No. 3119/94).

    December 22. Definitive antidumping duty was imposed on imports of urea ammonium nitrate solution originating in Bulgaria and Poland (Council Regulation No. 3319/94).

    2. Extension

    January 24. Provisional antidumping duty on imports of isobutanol originating in the Russian Federation was extended (Council Regulation No. 162/94).

    February 7. Provisional antidumping duty on imports of television camera systems originating in Japan was extended (Council Regulation No. 301/94).

    April 29. Provisional antidumping duty on imports of hematite pig iron originating in Brazil, Poland, the Russian Federation, and Ukraine was extended (Commission Decision No. 1022/94).

    June 8. Provisional antidumping duty on imports of certain magnetic disks (3.5-inch microdisks) originating in Hong Kong and the Republic of Korea was extended (Council Regulation No. 1340/94).

    July 18. Provisional antidumping duty on imports of calcium metal originating in the People’s Republic of China and the Russian Federation was extended (Council Regulation No. 1777/94).

    September 9. Provisional antidumping duty on imports of calcium metal originating in the People’s Republic of China and the Russian Federation was extended (Council Regulation No. 2198/94).

    October 24. Provisional antidumping duty on imports of urea ammonium nitrate solution originating in Bulgaria and Poland was extended (Council Regulation No. 2620/94).

    November 17. Provisional antidumping duty on imports of furfuraldehyde originating in the People’s Republic of China was extended (Council Regulation No. 2818/94).

    3. Elimination

    December 8. Antidumping duty on imports of certain polyester yarns originating in India was eliminated (Council Regulation No. 3009/94).

    Countervailing charges

    1. Introduction

    January 7. Countervailing charge was introduced on fresh Clementines originating in Morocco (Commission Regulation No. 32/94).

    February 24. Countervailing charge was introduced on artichokes originating in Egypt (Commission Regulation No. 404/94).

    March 2. Countervailing charge was introduced on fresh lemons originating in Turkey (Commission Regulation No. 475/94).

    March 8. Countervailing charge was introduced on fresh lemons originating in Turkey (Commission Regulation No. 514/94).

    March 10. Countervailing charge was introduced on apples originating in Turkey (Commission Regulation No. 543/94).

    March 14. Countervailing charge was introduced on artichokes originating in Egypt (Commission Regulation No. 559/94).

    April 6. Countervailing charge was introduced on tomatoes originating in Morocco (Commission Regulation No. 769/94).

    April 12. Countervailing charge was introduced on tomatoes originating in Turkey (Commission Regulation No. 815/94).

    April 13. Countervailing charge was introduced on tomatoes originating in Morocco (Commission Regulation No. 831/94).

    May 16. Countervailing charge was introduced on tomatoes originating in Morocco (Commission Regulation No. 1119/94).

    May 24. Countervailing charge was introduced on tomatoes originating in Morocco (Commission Regulation No. 1175/94).

    August 1. Countervailing charge was introduced on certain varieties of plums originating in Hungary (Commission Regulation No. 1985/94).

    August 10. Countervailing charge was introduced on certain varieties of plums originating in Romania (Commission Regulation No. 2036/94).

    August 10. Countervailing charge was introduced on certain varieties of plums originating in Hungary (Commission Regulation No. 2037/94).

    August 22. Countervailing charge was introduced on certain varieties of plums originating in Romania (Commission Regulation No. 2084/94).

    September 5. Countervailing charge was introduced on certain varieties of plums originating in Hungary (Commission Regulation No. 2173/94).

    September 5. Countervailing charge was introduced on certain varieties of plums originating in Romania (Commission Regulation No. 2174/94).

    September 6. Countervailing charge was introduced on certain varieties of plums originating in Turkey (Commission Regulation No. 2180/94).

    September 8. Countervailing charge was introduced on certain varieties of plums originating in Hungary (Commission Regulation No. 2196/94).

    September 19. Countervailing charge was introduced on certain varieties of plums originating in Hungary (Commission Regulation No. 2259/94).

    September 19. Countervailing charge was introduced on certain varieties of plums originating in Hungary (Commission Regulation No. 2260/94).

    September 19. Definitive countervailing charge was imposed on imports of ball bearings with a maximum external diameter not exceeding 30 mm. originating in Thailand (Council Regulation No. 2271/94).

    September 20. Countervailing charge was introduced on certain varieties of plums originating in Turkey (Commission Regulation No. 2269/94).

    September 21. Countervailing charge was introduced on certain varieties of plums originating in Romania (Commission Regulation No. 2275/94).

    October 27. Countervailing charge was introduced on fresh lemons originating in Argentina (Commission Regulation No. 2617/94).

    November 8. Countervailing charge introduced on fresh lemons originating in Argentina was amended (Commission Regulation No. 2721/94).

    November 15. Countervailing charge was introduced on fresh lemons originating in Uruguay (Commission Regulation No. 2775/94).

    November 28. Countervailing charge was introduced on fresh lemons originating in Turkey (Commission Regulation No. 2886/94).

    2. Elimination

    January 14. Countervailing charge on fresh Clementines originating in Morocco was eliminated (Commission Regulation No. 72/94).

    March 15. Countervailing charge on fresh lemons originating in Turkey was eliminated (Commission Regulation No. 571/94).

    April 21. Countervailing charge on tomatoes originating in Morocco was eliminated (Commission Regulation No. 887/94).

    April 25. Countervailing charge on tomatoes originating in Turkey was eliminated (Commission Regulation No. 910/94).

    June 1. Countervailing charge on tomatoes originating in Morocco was eliminated (Commission Regulation No. 1271/94).

    June 15. Countervailing charge on tomatoes originating in Turkey was eliminated (Commission Regulation No. 1364/94).

    November 24. Countervailing charge on fresh lemons originating in Uruguay was eliminated (Commission Regulation No. 2850/94).

    December 2. Countervailing charge on fresh lemons originating in Turkey was eliminated (Commission Regulation No. 2948/94).

    Quantitative Restrictions

    Introduction

    March 2. Provisional quantitative limit was established on imports of certain textile products originating in the People’s Republic of China (Commission Regulation No. 469/94).

    March 30. Provisional quantitative limit was established on imports of certain textile products originating in the People’s Republic of China (Commission Regulation No. 747/94).

    April 12. Provisional quantitative limit was established on imports of certain textile products originating in Indonesia (Commission Regulation No. 811/94).

    May 18. Provisional quantitative limit was established on imports of certain textile products originating in Pakistan (Commission Regulation No. 1134/94).

    May 18. Provisional quantitative limit was established on imports of certain textile products originating in the People’s Republic of China (Commission Regulation No. 1135/94).

    May 18. Provisional quantitative limit was established on imports of certain textile products originating in the People’s Republic of China (Commission Regulation No. 1136/94).

    June 2. Provisional quantitative limit was established on imports of fresh sour cherries originating in Bosnia and Herzegovina, Croatia, Slovenia, and the former Yugoslav Republic of Macedonia (Commission Regulation No. 1281/94).

    July 5. Provisional quantitative limit was established on imports of certain textile products originating in Indonesia (Commission Regulation No. 1629/94).

    July 18. Provisional quantitative limit was established on imports of textile products originating in the People’s Republic of China (Commission Regulation No. 1756/94).

    November 14. Provisional quantitative limit was established on imports of certain textile products originating in the People’s Republic of China (Council Regulation No. 2797/94).

    Customs Duties

    Reintroduction

    March 15. Customs duties on certain textile products originating in Indonesia, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 581/94).

    March 15. Customs duties on certain industrial products originating in the People’s Republic of China, Indonesia, Lithuania, Malaysia, Singapore, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 582/94).

    April 21. Customs duties on certain industrial products originating in Brazil, the People’s Republic of China, India, Indonesia, Lithuania, Mexico, and Pakistan, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 893/94).

    April 21. Customs duties on certain textile products originating in the People’s Republic of China, India, and Indonesia, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 894/94).

    May 18. Customs duties applicable to certain products falling within CN Code 4820 50 00 originating in the Republic of Korea, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 1143/94).

    May 18. Customs duties on certain industrial products originating in the People’s Republic of China and Estonia, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 1144/94).

    May 27. Customs duties applicable to products falling within CN Code 2817 00 00 originating in the People’s Republic of China, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 1221/94).

    June 9. Customs duties on certain industrial products originating in Argentina, India, Malaysia, Pakistan, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 1341/94).

    June 23. Customs duties applicable to products falling within CN Code 2929 90 00 originating in Brazil, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 1458/94).

    June 30. Customs duties applicable to certain textile products originating in Brazil, the People’s Republic of China, India, Indonesia, Pakistan, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 1604/94).

    July 26. Customs duties applicable to products of the combined nomenclature Codes 3102 40 10 and 3102 40 90, originating in the Czech Republic and the Slovak Republic, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 1830/94).

    August 19. Customs duties applicable to certain industrial products originating in the People’s Republic of China, Indonesia, and Malaysia, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2086/94).

    September 7. Customs duties applicable to certain industrial products originating in the People’s Republic of China, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2192/94).

    September 13. Customs duties applicable to certain industrial products originating in India, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2226/94).

    September 13. Customs duties applicable to certain textile products originating in Belarus, the People’s Republic of China, India, Indonesia, Pakistan, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2227/94).

    September 29. Customs duties applicable to certain textile products originating in the People’s Republic of China, India, Indonesia, Pakistan, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2378/94).

    September 30. Customs duties applicable to products falling within CN Code 3102 80 00 originating in Poland, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2380/94).

    October 6. Customs duties applicable to certain textile products originating in India, Indonesia, and Pakistan, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2436/94).

    October 20. Customs duties applicable to certain industrial products originating in Brazil, the People’s Republic of China, Indonesia, Singapore, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2558/94).

    October 20. Customs duties applicable to certain industrial products originating in Indonesia and Malaysia, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2559/94).

    October 20. Customs duties applicable to certain textile products originating in India, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2560/94).

    October 31. Customs duties applicable to products falling within CN Code 3102 40, originating in Poland, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2657/94).

    November 8. Customs duties applicable to products falling within CN Code 8509 originating in the People’s Republic of China, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2731/94).

    November 8. Customs duties applicable to certain industrial products originating in Malaysia, Singapore, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2732/94).

    November 14. Customs duties applicable to products falling within CN Code 8544 originating in the People’s Republic of China, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2774/94).

    November 14. Customs duties applicable to certain industrial products originating in Indonesia, the People’s Republic of China, Indonesia, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2773/94).

    November 21. Customs duties applicable to certain textile products originating in India, Indonesia, Pakistan, the Republic of Korea, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2821/94).

    November 21. Customs duties applicable to certain industrial products originating in Brazil and Pakistan, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2822/94).

    November 21. Customs duties applicable to certain textile products originating in India and Indonesia, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2823/94).

    November 23. Customs duties applicable to products falling within CN Code 4820 50 00 originating in the Republic of Korea, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2846/94).

    November 23. Customs duties applicable to certain textile products originating in India, Indonesia, Pakistan, Malaysia, the Philippines, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2847/94).

    November 25. Customs duties applicable to certain textile products originating in Indonesia, the Philippines, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2895/94).

    December 1. Customs duties applicable to certain industrial products originating in the People’s Republic of China, Indonesia, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2936/94).

    December 1. Customs duties applicable to certain textile products originating in India, Malaysia, the Philippines, and Thailand, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 2937/94).

    December 13. Customs duties applicable to products of CN Codes ex 7304, ex 7305, and ex 7306 originating in Bosnia and Herzegovina, Croatia, Slovenia, and the former Yugoslav Republic of Macedonia, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 3028/94).

    December 19. Customs duties applicable to certain textile products originating in Brazil, the People’s Republic of China, Lithuania, Malaysia, and Mexico, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 3120/94).

    December 19. Customs duties applicable to certain textile products originating in the People’s Republic of China, India, Iran, and Pakistan, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 3121/94).

    December 21. Customs duties applicable to products falling within CN Code 3102 30, originating in Poland, to which the preferential tariff arrangements applied, were reintroduced (Commission Regulation No. 3150/94).

    Preferential Customs Duties

    1. Re-establishment

    January 6. Preferential customs duty on imports of small-flowered roses originating in Israel was re-established (Commission Regulation No. 19/94).

    March 21. Preferential customs duty on imports of single-flower (standard) carnations originating in Israel was reestablished (Commission Regulation No. 632/94).

    April 22. Preferential customs duty on imports of single-flower (standard) carnations originating in Israel was re-established (Commission Regulation No. 902/94).

    May 6. Preferential customs duty on imports of small-flowered roses originating in Israel was re-established (Commission Regulation No. 1068/94).

    May 30. Preferential customs duty on imports of multiflorous (spray) carnations originating in Israel was re-established (Commission Regulation No. 1233/94).

    June 2. Preferential customs duty on imports of small-flowered roses originating in Israel was re-established (Commission Regulation No. 1284/94).

    September 9. Preferential customs duty on imports of single-flower (standard) carnations originating in Israel was re-established (Commission Regulation No. 2208/94).

    October 21. Preferential customs duty on imports of multiflorous (spray) carnations originating in Israel was re-established (Commission Regulation No. 2571/94).

    2. Suspension

    January 6. Preferential customs duty on imports of small-flowered roses originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 6/94).

    February 21. Preferential customs duty on imports of small-flowered roses originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 383/94).

    March 14. Preferential customs duty on imports of uniflorous (standard) carnations originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 563/94).

    April 12. Preferential customs duty on imports of uniflorous (standard) carnations originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 814/94).

    May 16. Preferential customs duty on imports of uniflorous (standard) carnations originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 1120/94).

    May 16. Preferential customs duty on imports of small-flowered roses originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 1121/94).

    June 20. Preferential customs duty on imports of small-flowered roses originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 1410/94).

    June 23. Preferential customs duty on imports of uniflorous (standard) carnations originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 1451/94).

    June 24. Preferential customs duty on imports of multiflorous (spray) carnations originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 1464/94).

    September 30. Preferential customs duty on imports of small-flowered roses originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 2390/94).

    November 8. Preferential customs duty on imports of uniflorous (spray) carnations originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 2717/94).

    November 8. Preferential customs duty on imports of multiflorous (spray) carnations originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 2718/94).

    November 8. Preferential customs duty on imports of large-flowered roses originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 2719/94).

    November 8. Preferential customs duty on imports of small-flowered roses originating in Israel was suspended and common customs tariff duty was re-established (Commission Regulation No. 2720/94).

    Community Tariff Quotas

    Introduction

    January 24. Community tariff quota for high-quality fresh, chilled, or frozen meat of bovine animals falling within CN Codes 0201 and 0202 and for products falling within CN 0206 10 95 and 0206 26 91 was established (Council Regulation No. 129/94).

    January 24. Community tariff quota for frozen meat of bovine animals falling within CN Codes 0202 and products falling within CN 0206 29 91 was established (Council Regulation No. 130/94).

    January 24. Community tariff quota for frozen buffalo meat falling within CN Code 0202 30 90 was established (Council Regulation No. 131/94).

    January 24. Community tariff quota for frozen thin skirt of bovine animals falling within CN Code 0206 29 91 was established (Council Regulation No. 132/94).

    January 24. Community tariff quota for table cherries originating in Switzerland was established (Council Regulation No. 218/94).

    January 24. Community tariff quota for certain fish and fishery products originating in the Faroe Islands was established (Council Regulation No. 261/94).

    January 24. Community tariff quota for certain agricultural and industrial products originating in the Czech Republic, Hungary, Poland, and the Slovak Republic was established (Council Regulation No. 262/94).

    February 7. Community tariff quota for certain agricultural products originating in Algeria, Egypt, Morocco, and Tunisia was established (Council Regulation No. 297/94).

    February 7. Community tariff quota for certain agricultural products originating in Cyprus was established (Council Regulation No. 298/94).

    February 7. Community tariff quota for certain agricultural products originating in Israel was established (Council Regulation No. 300/94).

    February 7. Community tariff quota for certain agricultural products originating in Bulgaria, and Romania was established (Council Regulation No. 314/94).

    February 7. Community tariff quota for certain agricultural and industrial products originating in the Czech Republic, Hungary, Poland, and the Slovak Republic was established (Council Regulation No. 342/94).

    February 14. Community tariff quota for certain petroleum products refined in Turkey was established (Council Regulation No. 354/94).

    February 14. Community tariff quota for certain agricultural and fishery products originating in Austria, Norway, and Sweden was established (Council Regulation No. 369/94).

    March 21. Community tariff quota for certain products originating in Bosnia and Herzegovina, Croatia, the former Yugoslav Republic of Macedonia, and Slovenia was established (Council Regulation No. 652/94).

    March 21. Community tariff quota for products originating in Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Georgia, Hungary, Kazakhstan, the Kyrgyz Republic, Latvia, Lithuania, the former Yugoslav Republic of Macedonia, Moldova, Poland, Romania, the Russian Federation, the Slovak Republic, Slovenia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan was established (Council Regulation No. 665/94).

    March 21. Community tariff quota for certain products originating in Bosnia and Herzegovina, Croatia, the former Yugoslav Republic of Macedonia, and Slovenia was established (Council Regulation No. 653/94).

    March 28. Community tariff quota for certain textile products originating in certain third countries that participated in 1994 trade fairs organized in the European Community was established (Council Regulation No. 689/94).

    March 29. Community tariff quota for certain high-quality beef, pork, poultry, wheat, meslin, bran, sharps, and other residues was established (Council Regulation No. 774/94).

    June 13. Community tariff quota for frozen hake fillets and for the processing required by certain textile products under Community outward processing arrangements was established (Council Regulation No. 1385/94).

    June 22. Community tariff quota for poultry and certain other agricultural products was established (Council Regulation No. 1431/94).

    June 22. Community tariff quota for pork and certain other agricultural products was established (Council Regulation No. 1432/94).

    July 18. Community tariff quota for certain agricultural products originating in Bulgaria, the Czech Republic, Hungary, Poland, Romania, and the Slovak Republic was established (Council Regulation No. 1798/94).

    July 18. Community tariff quota for certain alpine and mountain breeds of bulls, cows, and heifers, other than those intended for slaughter, was established (Council Regulation No. 1800/94).

    July 18. Community tariff quota for rum, tafia, and arrack originating in the overseas countries and territories (OCT) associated with the European Union was established (Council Regulation No. 1827/94).

    July 25. Community tariff quota for certain products originating in Algeria, Cyprus, Egypt, Israel (and the occupied territories), Jordan, Malta, Morocco, Tunisia, and Turkey was established (Council Regulation No. 1981/94).

    July 27. Community tariff quota determined in the GATT for certain agricultural and industrial products was established (Council Regulation No. 1988/94).

    July 27. Community tariff quota for rum, tafia, and arrack originating in the African, Caribbean, and Pacific (ACP) countries was established (Council Regulation No. 1989/94).

    October 24. Community tariff quota for certain agricultural and industrial products originating in the Czech Republic, Hungary, Poland, and the Slovak Republic was established (Council Regulation No. 2622/94).

    November 14. Community tariff quota for certain agricultural products originating in the African, Caribbean, and Pacific countries was established (Council Regulation No. 2763/94).

    November 23. Community tariff quota for certain agricultural and industrial products (first series 1995) was established (Council Regulation No. 2878/94).

    November 25. Community tariff quota for certain agricultural and industrial products (first series 1994) was established (Council Regulation No. 2893/94).

    December 21. Community tariff quota for certain agricultural products originating in the African, Caribbean, and Pacific countries was established (Council Regulation No. 3144/94).

    December 22. Community tariff quota for certain products originating in Bosnia and Herzegovina, Croatia, and the former Yugoslav Republic of Macedonia was established (Council Regulation No. 3356/94).

    Import Surveillance

    Introduction

    January 28. Community surveillance was introduced on imports of iron and steel products, covered by the ECSC Treaty, that originate in third countries (Council Regulation No. 176/94).

    September 13. Temporary arrangement for retrospective Community surveillance in respect of Atlantic salmon imports was introduced (Council Regulation No. 2218/94).

    September 16. Retrospective Community surveillance on imports of certain steel cables originating in nonmember countries was introduced (Council Regulation No. 2248/94).

    December 22. Community surveillance on imports originating in Bosnia and Herzegovina, Croatia, and the former Yugoslav Republic of Macedonia was introduced (Council Regulation No. 3357/94).

    Summary Features of Exchange and Trade Systems in Member Countries1

    (as of date shown on first country page)2

    Afghanistan, Islamic State ofAlbaniaAlgeriaAngolaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamas, TheBahrainBangladeshBarbadosBelarusBelgium and LuxembourgBelizeBeninBhutanBoliviaBotswanaBrazilBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCentral African RepublicChadChileChinaColombiaComorosCongoCosta RicaCdte d’IvoireCroatiaCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFijiFinlandFranceGabonGambia, TheGeorgiaGermanyGhana
    A. Acceptance of Article Status
    1. Article VIII status
    2. Article XIV status
    B. Exchange Arrangement3
    1. Exchange rate determined on the basis of:
    (a) A peg to:
    (i) the U.S. dollar
    (ii) the pound sterling
    (iii) the French franc
    (iv) other currencies4
    (v) a composite of currencies
    (b) Limited flexibility with respect to:
    (i) single currency
    (ii) cooperative arrangement
    (c) More flexible arrangements:
    (i) adjusted according to a set of indicators
    (ii) other managed floating
    (iii) independently floating
    2. Separate exchange rate(s) for some or all capital transactions and/or some or all invisibles
    3. More than one rate for imports
    4. More than one rate for exports
    5. Import rate(s) different from export rate(s)
    C. Payments Arrears
    D. Bilateral Payments Arrangements
    1. With members
    2. With nonmembers
    E. Payments Restrictions
    1. Restrictions on payments for current transactions5
    2. Restrictions on payments for capital transactions5, 6
    F. Cost-Related Import Restrictions
    1. Import surcharges
    2. Advance import deposits
    G. Surrender or Repatriation Requirement for Export Proceeds

    For key and footnotes, see page 568.

    GreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Rep. ofIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKoreaKuwaitKyrgyz RepublicLao People’s Dem. Rep.LatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLithuaniaMacedonia, former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMicronesia, Fed. States ofMoldovaMongoliaMoroccoMozambiqueMyanmarNamibiaNepalNetherlandsNetherlands AntillesNew ZealandNicaraguaNigerNigeria
    A. Acceptance of Article Status
    1. Article VIII status
    2. Article XIV status
    B. Exchange Arrangement3
    1. Exchange rate determined on the basis of:
    (a) A peg to:
    (i) the U.S. dollar
    (ii) the pound sterling
    (iii) the French franc
    (iv) other currencies4
    (v) a composite of currencies4
    (b) Limited flexibility with respect to:
    (i) single currency
    (ii) cooperative arrangement
    (c) More flexible arrangements:
    (i) adjusted according to a set of indicators
    (ii) other managed floating
    (iii) independently floating
    2. Separate exchange rate(s) for some or all capital transactions and/or some or all invisibles
    3. More than one rate for imports
    4. More than one rate for exports
    5. Import rate(s) different from export rate(s)
    C. Payments Arrears
    D. Bilateral Payments Arrangements
    1. With members
    2. With nonmembers
    E. Payments Restrictions
    1. Restrictions on payments for current transactions5
    2. Restrictions on payments for capital transactions5, 6
    F. Cost-Related Import Restrictions
    1. Import surcharges
    2. Advance import deposits
    G. Surrender or Repatriation Requirement for Export Proceeds

    For key and footnotes, see page 568.

    NorwayOmanPakistanPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRomaniaRussian FederationRwandaSt. Kitts and NevisSt. LuciaSt. Vincent and GrenadinesSan MarinoSão Tomé and PríncipeSaudi ArabiaSenegalSeychellesSierra LeoneSingaporeSlovak RepublicSloveniaSolomon IslandsSomaliaSouth AfricaSpainSri LankaSudanSurinameSwazilandSwedenSwitzerlandSyrian Arab RepublicTajikistanTanzaniaThailandTogoTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamWestern SamoaYemen, Republic ofZaïreZambiaZimbabwe
    A.Acceptance of Article Status
    1.Article VIII status
    2.Article XIV status
    B.Exchange Arrangement3
    1.Exchange rate determined on the basis of:
    (a)A peg to:
    (i)the U.S. dollar
    (ii)the pound sterling
    (iii)the French franc
    (iv)other currencies4
    (v)a composite of currencies
    (b)Limited flexibility with respect to:
    (i)single currency
    (ii)cooperative arrangement
    (c)More flexible arrangements:
    (i)adjusted according to a set of indicators
    (ii)other managed floating
    (iii)independently floating
    2.Separate exchange rate(s) for some or all capital transactions and/or some or all invisibles
    3.More than one rate for imports
    4.More than one rate for exports
    5.Import rate(s) different from export rate(s)
    C.Payments Arrears
    D.Bilateral Payments Arrangements
    1.With members
    2.With nonmembers
    E.Payments Restrictions
    1.Restrictions on payments for current transactions5
    2.Restrictions on payments for capital transactions5, 6
    F.Cost-Related Import Restrictions
    1.Import surcharges
    2.Advance import deposits
    G.Surrender or Repatriation Requirement for Export Proceeds

    For key and footnotes, see page 568.

    Summary Features of Exchange and Trade Systems in Member Countries

    Key and Footnotes

    indicates that the specified practice is a feature of the exchange and trade system.

    indicates that the specified practice is not a feature of the system.

    indicates that the composite is the SDR.

    The listing includes the nonmetropolitan territory of Hong Kong, for which the United Kingdom has accepted the Fund’s Articles of Agreement, and Aruba and the Netherlands Antilles, for which the Kingdom of the Netherlands has accepted the Fund’s Articles of Agreement. Exchange practices indicated in individual countries do not necessarily apply to all external transactions.

    Usually December 31, 1994.

    It should be noted that existence of a separate rate does not necessarily imply a multiple currency practice under Fund jurisdiction. Exchange arrangements involving transactions at a unitary rate with one group of countries and at another unitary rate with a second group of countries are considered, from the viewpoint of the overall economy, to involve two separate rates for similar transactions.

    Australian dollar, deutsche mark, Indian rupee, Italian lira, South African rand, or Russian ruble.

    Restrictions (i.e., official actions directly affecting the availability or cost of exchange, or involving undue delay) on payments to member countries, other than restrictions evidenced by external payments arrears and restrictions imposed for security reasons under Executive Board Decision No. 144-(52/51) adopted August 14, 1952.

    Resident-owned funds.

    Definitions of Acronyms

    Note: This list does not include acronyms of purely national institutions mentioned in the country chapters

    ACU

    Asian Clearing Union

    AFTA

    ASEAN free trade area (see ASEAN, below)

    AMU

    Asian monetary unit

    Anzcerta

    Australia-New Zealand Closer Economic Relations and Trade Agreement

    ASEAN

    Association of South East Asian Nations

    BCEAO

    Central Bank of West African States (Banque centrale des Etats de l’Afrique de l’Ouest)

    BEAC

    Bank of Central African States (Banque des Etats de l’Afrique Centrale)

    BLEU

    Belgian-Luxembourg Economic Union

    CACM

    Central American Common Market

    CAP

    Common agricultural policy (of the EU)

    Caricom

    Caribbean Common Market

    CEEAC

    Economic Community of Central African States

    CEFTA

    Central European free trade area

    CEPGL

    Economic Community of the Great Lakes Countries

    CEPT

    Common effective preferential tariff of the ASEAN free trade area

    CET

    Common external tariff (of Caricom)

    CFA

    Communaute financière africaine

    CIS

    Commonwealth of Independent States

    CMA

    Common monetary area

    CMEA

    Council for Mutual Economic Assistance (dissolved)

    COCOM

    Coordinating Committee for Multilateral Export Controls

    ECCB

    Eastern Caribbean Central Bank

    ECLAC

    Economic Commission for Latin America and the Caribbean

    Ecowas

    Economic Community of West African States (Cedeao)

    ECSC

    European Coal and Steel Community

    ECU

    European currency unit

    EEA

    European economic area

    EFTA

    European Free Trade Association

    EMS

    European monetary system

    ERM

    Exchange rate mechanism (of the EMS)

    EU

    European Union (formerly European Community)

    GATT

    General Agreement on Tariffs and Trade

    GCC

    Gulf Cooperation Council (Cooperation Council for the Arab States of the Gulf)

    GSP

    Generalized system of preferences

    HCDCS

    Harmonized commodity description and coding system

    LAIA

    Latin American Integration Association

    LIBOR

    London interbank offered rate

    Mercosur

    Southern Cone Common Market

    MFA

    Multifiber Arrangement

    MFN

    Most favored nation

    MTN

    Multilateral trade negotiations (the Uruguay Round)

    NAFTA

    North American Free Trade Agreement

    NATO

    North Atlantic Treaty Organization

    OECD

    Organization for Economic Cooperation and Development

    OECS

    Organization of Eastern Caribbean States

    OGL

    Open general license

    PTA

    Preferential trade area for Eastern and Southern African states

    SACU

    Southern African Customs Union

    Sparteca

    South Pacific Regional Trade and Economic Cooperation Agreement

    UAPTA

    Unit of account of the PTA

    UDEAC

    Central African Customs and Economic Union

    WAEC

    West African Economic Community (CEAO) (dissolved)

    WAEMU

    West African Economic and Monetary Union

    WAMU

    West African Monetary Union

    WTO

    World Trade Organization (supercedes GATT)

    1

    Source: Official Journals of the European Communities.

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