Page:United States Statutes at Large Volume 69.djvu/458

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[69 Stat. 416]
PUBLIC LAW 000—MMMM. DD, 1955
[69 Stat. 416]

416

PUBLIC LAW 196-AUG. 1, 1955

[69 S T A T,

"ARTICLE II

" 1. During the period from January 1, 1956, to December 31, 1973, both dates inclusive, the total amount of the articles falling within one of the classes specified in Items A and A - 1 of the Schedule to this Paragraph, which are Philippine articles as defined in Subparagraph (f) of Paragraph 1 of the Protocol, and which, in any calendar year, may be entered, or withdrawn from warehouse, in the United States for consumption, shall not exceed the amounts specified in such Schedule as to each class of articles. During the period from January 1, 1956, to December 31, 1973, both dates inclusive, the total amount of the articles falling within the class specified in Item B of the Schedule to this Paragraph which are the product of the Philippines, and which, in any calendar year, may be entered, or withdrawn from warehouse, in the United States for consumption, shall not exceed the amount specified in such Schedule as to such class of articles. During the period from January 1, 1974, to July 3, 1974, both dates inclusive, the total amounts referred to in the preceding sentences of this Paragraph shall not exceed one-half of the amount specified in such Schedule with respect to each class of articles, respectively. The establishment herein of the limitations on the amounts of Philippine raw and refined sugar that may be entered, or withdrawn from warehouse, in the United States for consumption, shall be without prejudice to any increases which the Congress of the United States might allocate to the Philippines in the future. The following Schedule to Paragraph 1 shall constitute an integral part thereof: "SCHEDULE OF ABSOLUTE QUOTAS "Item

A

B

Classes of Articles

Amounts

Sugars 952,000 short tons A-1 of which not to exceed 56, 000 short tons may be refined sugars, meaning 'direct-consumption sugar' as defined in Section 101 of the Sugar Act of 1948, as amended, of the United States which is set forth in part as Annex I to this Agreement. Cordage, including yarns, twines (including binding 6,000,000 lbs. twine 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, cordage, rope, and cable, tarred or untarred, wholly or in chief value of manila (abaca) or other hard fiber.

"2. Philippine articles as defined in Subparagraph (f) of Paragraph 1 of the Protocol falling within one of the classes specified in the items included in the Schedule to this Paragraph, which, during the following portions of the period from January 1, 1956, to December 31, 1973, both dates inclusive, are entered, or withdrawn from warehouse, in the United States for consumption, shall be free of ordinary customs duty, in quantities determined by applying the following percentages to the amounts specified in such Scheuule as to each such class of articles: " (a) During each of the calendar years 1956 to 1958, inclusive, ninety-five per centum. "(B) During each of the calendar years 1959 to 1961, inclusive, ninety per centum. "(c) During each of the calendar years 1962 to 1964, inclusive, eighty per centum. " (d) During each of the calendar years 1965 to 1967, inclusive, sixty per centum. "(e) During each of the calendar years 1968 to 1970, inclusive, forty per centum.