Introductory text

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Having regard to Council Regulation (EEC) No 3030/93 of 12 October 1993 on common rules for imports of certain textile products from third countries^f1, and in particular Article 7 thereof,

Whereas:

The Agreement between the European Economic Community and the Republic of Korea on trade in textile products, initialled on 7 August 1986 and approved by Council Decision 87/471/EEC^f2, as last amended by an Agreement in the form of an Exchange of Letters, initialled on 22 December 1994 and approved by Council Decision 95/131/EC^f3, provides that transfers may be made between quota years.

The Republic of Korea submitted a request for transfers between quota years on 6 September 2004.

The transfers requested by the Republic of Korea fall within the limits of the flexibility provisions referred to in Article 7 of Regulation (EEC) No 3030/93 and set out in column 9 of Annex VIII thereto.

It is appropriate to grant the request.

It is desirable for this Regulation to enter into force on the day after its publication in order to allow operators to benefit from it as soon as possible.

The measures provided for in this Regulation are in accordance with the opinion of the Textile Committee set up by Article 17 of Regulation (EEC) No 3030/93,

HAS ADOPTED THIS REGULATION: