OpenLegislation

Article 1

Original text. Later amendments are not shown.

1.

The Parties confirm that the provisions of the Partnership and Cooperation Agreement shall apply to trade in the textile and clothing products (hereinafter referred to as ‘textile products’) listed in Annex I save where this Agreement makes specific provision concerning such products.

2.

The cooperation between the textile and clothing industries in the Community and in Russia and the elimination of the quantitative restrictions in trade in textiles and clothing is the fundamental objective of this Agreement.

3.

All quantitative restrictions currently applied to trade in textile products originating in either Party shall be eliminated on 1 May 1998.

4.

The Parties hereby agree that no new quantitative restrictions on trade between the Community and Russia in the textile and clothing products listed in Annex I shall be introduced save as is provided in this Agreement.