PHILIPPINES-TRADE July 4 1946 Oct. 22, 1946 remainder of the calendar year may be apportioned by the Philippine Government to other holders of allotments under the same quota, or in such other manner as will insure the fulfillment of the quota for that year: Provided, That no transfer or assignment or reallocation under the provisions of this Paragraph shall diminish the allotment to which the holder may be entitled in any subsequent calendar year. The following Schedule to Article II shall constitute an integral part thereof: I II III Numerical Commodity Description All Quantities Item A Sugars. A-1 May be refined sugars, meaning "direct- consumption sugar" as defined in Section 101 of the Sugar Act of 1937 of the United States which is set forth in part as Annex I to this Agreement. B Cordage, including yarns, twines (includ- ing binding twines described in Paragraph 1622 of the Tariff Act of 1930 of the United States, as amended, which is set forth as Annex II to this Agreement), cords, cord- age, rope, and cable, tarred or untarred, wholly or in chief value of Manila (abaca) or other hard fiber. 0 Rice, including rice meal, flour, polish, and bran. D Cigars (exclusive of cigarettes, cheroots of all kinds, and paper cigars and cigarettes, including wrappers). E Scrap tobacco, and stemmed and un- stemmed filler tobacco described in Para- graph 602 of the Tariff Act of 1930 of the United States, as amended, which is set forth as Annex III to this Agreement. F Coconut oil. G Buttoms of pearl or shell. 952,000 short tons Not to exceed 56,000 short tons 6,000,000 lbs. 2615 Post, p. 2632 . Post, p. 2632 . 1,040,000 Ibs. 200,000,000 cigars 6,500,000 Ibs. 200,000 long tons 850,000 gross Post. p. 2633. ARTICLE III 1. With respect to quotas on Philippine articles as defined in Sub- paragraph (f) of Paragraph 1 of the Protocol (other than the quotas provided for in Paragraphs 1 and 2 of Article II, and other than quotas established in conjunction with quantitative limitations, applicable to products of all foreign countries, on imports of like articles), the United States will not establish any such quota for any period before January 1, 1948, and for any part of the period from January 1, 1948, to July 3, 1974, both dates inclusive, it will establish such a quota only if- (a) The President of the United States, after investigation, finds and proclaims that such Philippine articles are coming, or are likely to come, into substantial competition with like articles the product of the United States; (b) The quota for any Philippine article as so defined for any twelve-month period is not less than the amount determined by the President as the total amount of Philippine articles of such Establishment of U. S. quotas on Philippine articles. Pot, p. 2623. Post, p. 2633. 61 STAT.]
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