Contents
Article 33#
1.Without prejudice to Section I of this Chapter, by 1 January of each year, the Commission, on its own initiative and in accordance with the advisory procedure referred to in Article 48(2), shall adopt an implementing act in order to remove the tariff preferences referred to in Articles 7 and 12 with respect to the products listed in GSP section S-11a of Annex III, to products listed in GSP section S-11b of Annex III, or to products falling under Combined Nomenclature codes 22071000 and 22072000, where imports of such products originate in a beneficiary country and their total value:
(a)for products falling under Combined Nomenclature codes 22071000 and 22072000 exceeds the share referred to in point 1 of Annex IV of the value of Union imports of the same products from all beneficiary countries, during a calendar year;
(b)for products listed in GSP section S-11a of Annex III and for products under GSP section S-11b of Annex III, exceeds the share referred to in point 3 of Annex IV of the value of Union imports of products listed in GSP section S-11a of Annex III or of products listed in GSP section S-11b of Annex III from all beneficiary countries, during a calendar year.
2.Paragraph 1 shall not apply to EBA beneficiary countries, nor shall it apply to countries with a share for the relevant products referred to in paragraph 1 not exceeding 6 % of the value of total Union imports of the same products.
3.The removal of the tariff preferences shall become applicable two months from the date of publication of the Commission’s implementing act to that effect in the Official Journal of the European Union.
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