AGREED MINUTES

1.

Delegations of the European Community and the Republic of India met in New Delhi on 24 to 25 April 1989 for consultations in accordance with Article 16 of the Agreement on Trade in Textiles between India and the European Community initialled on 31 October 1986. Consultations were held on India's request for adjustment of restraint levels for certain products covered under the Agreement tabled during consultations at New Delhi on 28 to 29 March 1988 and at Brussels on 24 to 27 January 1989, arising out of the introduction of the harmonized system of commodity coding by the Community with effect from 1 January 1988.

2.

As a result of these consultations, it is agreed that the restraint levels for categories 7 and 27 given in Annex II to the Agreement are amended as follows:

Year

Category

1988

1989

1990

1991

7

40 294

43 701

44 734

45 792

27

8 095

8 735

9 072

9 422

The above restraint levels for 1989 to 1991 include the compensation for export opportunities lost by India during 1988, equally distributed among the three years. This agreement is the final settlement to the requests made by India in the consultations referred to above.

New Delhi, 25 April 1989.

For the Republic of India

For the European Economic Community

Information on the amendment of the Agreement between the Community and India on trade in textile products

In accordance with Article 2 of the Council Decision of 24 July 1989 concerning the provisional application of the Agreed Minute amending the Agreement with India on trade in textile products, the Commission has notified the Council of the agreement on the subject signified by the partner country on 1 January 1989.