Commission Regulation (EC) No 1203/2006 of 9 August 2006 amending Annex V to Council Regulation (EC) No 1440/2005 as regards the quantitative limits of certain steel products

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Having regard to Council Regulation (EC) No 1440/2005 of 12 July 2005 on administering certain restrictions on imports of certain steel products from Ukraine and repealing Regulation (EC) No 2266/2004^f1, and in particular Article 5 thereof,

Whereas:

The European Community and the Government of Ukraine signed an agreement on trade in certain steel products on 29 July 2005^f2 (the Agreement).

Article 3(3) of the Agreement provides that unused quantities for a given year may be carried over to the following year up to a maximum of 10 % of the relevant quantitative limit set out in Annex III to the Agreement.

Pursuant to article 3(4) of the Agreement transfers between product groups may be made up to 15 % of the quantitative limit of a given product group.

Ukraine has notified the Community of its intent to make use of the provisions in Article 3(3) and (4) within the time limits set by the Agreement. It is appropriate to make the necessary adjustments to the quantitative limits for the year 2006 resulting from Ukraine’s request.

Regulation (EC) No 1440/2005 should be amended accordingly,

HAS ADOPTED THIS REGULATION: