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20.6.

2003 EN Official Journal of the European Union L 152/41

COUNCIL DECISION
of 2 June 2003
on the signing, on behalf of the European Community, of the Agreement in the form of an
Exchange of Letters amending the Agreement between the European Community and the Socialist
Republic of Vietnam on trade in textile and clothing products and other market opening measures,
and authorising its provisional application

(2003/453/EC)

THE COUNCIL OF THE EUROPEAN UNION, Article 2

Having regard to the Treaty establishing the European Com- The President of the Council is hereby authorised to designate
munity, and in particular Article 133, in conjunction with the the person(s) empowered to sign the Agreement, on behalf of
first subparagraph of Article 300(2) thereof, the Community, subject to its conclusion.

Having regard to the proposal from the Commission, Article 3

Whereas: Subject to reciprocity, the Agreement shall be applied on a


provisional basis as from 15 April 2003 pending the comple-
(1) The Commission has negotiated on behalf of the tion of the procedures for its formal conclusion.
Community an Agreement in the form of an Exchange
of Letters on trade in textile products with Vietnam Article 4
(hereinafter the Agreement).
1. The increases of quotas to the levels indicated in Annex 2
(2) The Agreement was initialled on 15 February 2003. of the Agreement will be carried out each year upon imple-
mentation by Vietnam of its commitments under paragraphs 3,
(3) Subject to reciprocity, and in order to allow its benefits 4, 8 and 10 of Article 3 of the Agreement between the
to accrue to both Parties immediately following the rele- European Community and the Socialist Republic of Vietnam on
vant notifications, it is appropriate to apply this Agree- trade in textile and clothing products.
ment on a provisional basis as from 15 April 2003 2. In case Vietnam fails to fulfil its obligations under para-
pending the completion of the procedures for its formal graphs 3, 4, 8, 9 and 10 of Article 3 of that Agreement in
conclusion. 2003, the quotas for 2003 will be reduced to the levels indi-
cated in Annex 2, column 3. In case Vietnam fails to fulfil its
(4) The Agreement should be signed on behalf of the obligations in 2004 or 2005, these levels will be increased by a
Community, growth rate of 3 % per annum. In such cases, any quantities
already shipped in excess of the re-established quota levels will
be deducted from the quotas of the following years.
HAS DECIDED AS FOLLOWS: 3. The Decision to implement paragraph 2 shall be taken in
accordance with the procedures referred to in Article 17 of
Council Regulation (EEC) No 3030/93 of 12 October 1993 on
Article 1
common rules for imports of certain textile products from third
The signing of the Agreement in the form of an Exchange of countries (2).
Letters amending the Agreement between the European
Community and the Socialist Republic of Vietnam on trade in
textile and clothing products (1) and other market opening Done at Luxembourg, 2 June 2003.
measures, and authorising its provisional application, is hereby
approved on behalf of the Community, subject to the Council For the Council
Decision concerning the conclusion of the said Agreement.
The President
The text of the Agreement is annexed to this Decision. K. STEFANIS

(2) OJ L 275, 8.11.1993, p. 1. Regulation as last amended by Regula-


(1) OJ L 410, 31.12.1992, p. 279. tion (EC) No 138/2003 (OJ L 23, 28.1.2003, p. 1).